This bill would double the annual cap on H-1B visas for skilled foreign workers from 65,000 to 130,000, making it easier for U.S. employers to hire international talent in fields like technology and engineering. The legislation also changes how companies are classified as "H-1B dependent" by raising the thresholds that trigger certain hiring requirements—essentially reducing restrictions on companies that rely heavily on these visa workers. Additionally, the bill establishes a new grant program called the Promoting American Ingenuity Grant Program that would provide $25 million per year from 2026 through 2030 to states for improving science, mathematics, engineering, and technology education at elementary, secondary, and higher education levels. The bill is designed to address both immediate labor shortages in high-skilled industries and long-term workforce development by investing in STEM education to build the domestic talent pipeline.