The bill would terminate the Optional Practical Training Program for certain F-1 nonimmigrant students and end related employment authorization when a course of study is completed. Pending applications would be denied and associated fees refunded. For H-1B petitions, employers would generally have to offer the greater of the applicable prior wage or $150,000, with annual CPI-based increases after the initial one-year period. H-1B visas involving third-party worksites would generally be limited to one year, require specific and nonspeculative assignments, and be prioritized by higher compensation.

FactVote-generated overview; it is not an official CRS summary.