Directs the Secretary of State to authorize a qualifying alien admitted under an E-visa (treaty traders and investors), H-visa (temporary workers), L-visa (intracompany transferees), O-visa (extraordinary ability in the sciences, education, business, athletics, or the arts or films or television), or P-visa (athletes, artists, and entertainers) to renew his or her nonimmigrant visa in the United States.
Eliminates the foreign student visa requirement that an individual has no intention of abandoning his or her foreign residence.
Eliminates the per country numerical limitation for employment-based immigrants and increases the per country family category limit. Applies such provisions beginning with FY2014.
Amends the Chinese Student Protection Act of 1992 to eliminate the provision requiring the reduction of annual Chinese (PRC) immigrant visas to offset status adjustments under such Act.
Provides for the recapture of unused employment-based immigrant visas from FY1992 through the current fiscal year.
Excludes from employment based immigrant limitations aliens: (1) who are the spouse or child of an employment-based immigrant; (2) who have a master's or higher degree in a STEM field (science, technology, engineering, and math) from a school qualified under the Higher Education Act of 1965; and (3) for whom a priority worker petition for an employment-based immigrant visa has been approved.
Increases H-1B employer fees and establishes a fee on employment-based visa petitions. Provides that such fees shall be used for STEM education and training.
Establishes in the Treasury the Promoting American Ingenuity Account to enhance U.S. economic competitiveness by: (1) strengthening STEM education and ensuring that schools have access to well-trained STEM teachers; (2) strengthening the elementary and secondary curriculum, including efforts to increase computer science course availability; and (3) helping colleges and universities produce more graduates in fields needed by American employers.
Sets forth provisions regarding: (1) fund allocations, (2) state grant applications, and (3) approved grant activities.
States that nothing in such STEM funding provisions shall be construed to permit the Secretary of Education or any other federal official to approve the content or academic achievement standards of a state.