Protect and Grow American Jobs Act
A BILL
To amend the Immigration and Nationality Act to modify the definition of exempt H–1B nonimmigrant.
Sec. 2 Findings
Sec. 3 Purpose
Sec. 4 Exempt H–1B nonimmigrant defined
“(i) the term “exempt H–1B nonimmigrant” means an H–1B nonimmigrant who receives wages (including cash bonuses) at an annual rate equal to at least the greater of $100,000 or the applicable adjusted amount under clause (iii);”
“(iii) the amount described in clause (i) (as of the last increase to such amount) shall be increased, effective for the third fiscal year that begins after the date of the enactment of this clause and for every third fiscal year thereafter, by the percentage (if any) by which the Consumer Price Index for the month of June preceding the date on which such increase takes effect exceeds the Consumer Price Index for the same month of the third preceding calendar year.”