Update on the Immigration Innovation Act 2013.
The Republicans have actually submitted the Bill (Immigration Innovation Act) today January 28th 2013. Hopefully this will actually be considered in the Immigration reform. We believe that such a bill will be so helpful to moving forward in this 21st Century.
The H1B visa has now only 65,000 cap and it seriously limits many companies during the year to get new talents because the cap is met within few months during the year. With an increase in the cap, we might see many small businesses develop. For more information on H1B visas, feel free to call us at 510 742 5887.
We hope the Obama administration, and Congress will now seriously consider such as bill.
Sen. John McCain (R-Ariz.) said he is open to wrapping a bill that would boost the number of visas available for high-skilled foreign workers into the broad comprehensive immigration framework that was announced on Monday.
Read more: http://thehill.com/blogs/hillicon-valley/technology/279735-mccain-open-to-wrapping-high-skilled-immigration-bill-into-comprehensive-plan#ixzz2JL1MNUKq
The Hill’s notes on the President’s speech:
“Our journey is not complete until we find a better way to welcome the striving, hopeful immigrants who still see America as a land of opportunity; until bright young students and engineers are enlisted in our workforce rather than expelled from our country”
It seems Congress is hearing the President and is moving on Immigration Innovation Act of 2013 or the “I-Squared Act of 2013.” This bill is being developed by Sens. Orrin Hatch (R-Utah), Amy Klobuchar (D-Minn.), Marco Rubio (R-Fla.), and Chris Coons (D-Del.) and should be introduced in the first week of February 2013.
This Bill proposes to increase the number of H1B visa from 65,000 to 115,000 and also allow a rising cap if it there is further demands. The best part of this bill is that it will eliminate the per country country cap for those on Science, Technology, Engineering and Mathematics (STEM).
This is such a welcoming move specially for businesses in the Silicon Valley where the need for skilled talents is perpetually on demand.
Our law firm which has served this community with dedication welcomes this news. We hope this time we will see some great immigration news coming out of Congress.