New legislation introduced this month would double the annual cap on H-1B visas to 130,000 and provide additional funding for science, technology, engineering and math programs at US elementary and secondary schools.

H-1Bs are temporary, nonimmigrant visas for foreign workers with at least a bachelor’s degree, and they often go to technology workers. Currently, the number of H-1B visas is limited to 65,000 each year, although there are an additional 20,000 available to workers who have a master’s degree or higher from a US university.

The new bill, the “High-Skilled Immigration Reform for Employment (HIRE) Act,” was introduced by US Congressman Raja Krishnamoorthi, D-Illinois.

“Creating jobs and building the economy of the future requires us to lead the way in technology by developing our domestic workforce while drawing the best talent from around the world,” Krishnamoorthi said in a press release. “That is why I am proud to introduce the HIRE Act to increase investments in elementary and secondary school STEM education while doubling the number of available H-1B visas from 65,000 to 130,000.”

The HIRE Act is supported by ITServe Alliance, an association of IT services organizations functioning across the US.