A new proposal by Senator Jim Banks aims to restructure the H-1B visa system, drastically raising wage requirements and limiting alternatives companies use to hire foreign workers. -snip- The American Tech Workforce Act includes three main reforms. First, it increases the minimum required salary for H-1B visa holders from $60,000 to $150,000, which may disincentivize companies to look abroad for talent. The bill would also eliminate the OPT program, which allows foreign graduates to work in the U.S. for up to three years post-graduation. Thirdly, the bill replaces the current lottery system with a model awarding visas to the highest-bidding...