All H1B need MS/masters degree?

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Hello Experts,

I have a bachelor degree from India and I work for an employer with H-1B. My employer applied and received approved I-140.

I came to know from online news papers, that a new bill is brought in to reform H-1B visas which would require workers on the H-1B visa pay a minimum of $100,000. The bill also removes the Master's degree exemption to the cap on the number of visas available. 
 

My question is, if the all above proposals in new bill becomes a law:

1. For all existing H1B holders, do all of them need to qualify/ to have masters/MS to continue to work in US if new bill is passed?

Since I do not have masters degree, should I consider to pursue MS/master degree ahead of time?

2. Will the new rule apply on new/fresh applicants? Can it be applied on existing visa holders (including those who applies for H-1B transfer to change employer)?

 

Please let me your opinion and thoughts based on current information.

Regards,

Ray.

[JoeF]

These "online newspaper" journalists are clueless and don't know anything about the immigration laws.

This bill is about H1-dependent employers. Currently, H1-dependent employers have to pay their H1 employees a minimum salary of $60K, except if the employee has a Masters degree. The bill would increase the minimum salary to $100K and remove the exception for people with Masters degree.

But again, this is only for H1-dependent employers, like some consulting companies. Find a real employer.

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Hi JoeF,

Many thanks for your reply.

It does not mean that, all H1-B holders have to have master's degree in order to be hired or continue to work with H1B status in US in future?

For example, I do not have masters degree and working on H1B visa. So, my question is, do you think that, if, current proposals becomes a law, can I continue to work with H1B visa with my employer or any employer in US with my current bachelor degree?

If I want to change the employer, will the new employer hire me without a masters degree?

 

I am looking forward for your valuable understanding on this bill as it has been presented. I am unable to understand the 'masters degree' clause.

 

Regards,

Ray.

[JoeF]

Again, this has nothing to do with the general H1, this has to do with the minimum requirements for filings from H1-dependent employers.

And it also doesn't mean that people on H1 need to have a Masters.