There has been so much buzz all over the news and blogosphere about the H1B and L1 $2000 fee hike for petitions. The bill was passed last week in Senate and it was passed in House today. They say the rule is any revenue generating bill has to be passed in house. Anyways, there was some anticipation about the consolidation or any amendments to the bill, but nothing. The house passed the bill unanimously approved the $600 million bill. The bill will become a law once the President signs the bill.
It is very unfortunate because the bill will impact Indian companies’ immigration costs on H1B and L1 by $200 to $250 million dollars. Though it seems very unfair from trade practice, US defends it saying that they want to encourage hiring of US workers and grow the size of the company with more local workers and create jobs… There is some tension and protest in India, but seems like nothing is going to stop it as it has passed house unanimously and will be on president desk soon. What is still unclear to me is will the increase impact this year H1B quota i.e., FY 2011 quota or will it be effective for 2012 H1B quota. We will find out soon because USCIS will update us once the bill is signed and becomes law.
Reference Articles :
- Wall Street Journal : House Passes $600 million Bill
- Associate press : US House passes bill for H1B fee increase
- Associated Press : Indian Protests senate bill
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