The Securing Knowledge Innovation and Leadership (SKIL) bill has been re-introduced in the Senate and House of Representatives on Wednesday. This bill was introduced in the Senate last year and aims at increasing both H1-B and Green card caps.

From InformationWeek:

Among the SKIL bill’s proposals are raising the annual H-1B cap from 65,000 today to 115,000, with the ability to automatically increase the cap in subsequent years by 20%, or up to 180,000. The bill also proposes to apply the current 20,000 cap exemption to those with a master’s degree or higher from an institution of higher education in a foreign country, not just for those foreigners who have advanced degrees from U.S. schools.

The bill also looks to create a new visa category — the F-1 — for foreign students looking to pursue a bachelor’s or advanced degree in science, technology, engineering or mathematics from a U.S. school.

As for changes to “employment-based visas,” or green cards, the bill proposes to raise the limit from 140,000 to 290,000 per year.

Read more here.