Which would solve some of the problems with H1B - you're effectively an indentured servant with very few options. Becoming a green card holder means you are able to switch jobs, negotiate for better pay/conditions, and eventually apply for citizenship without your employer's support. All things that shift the balance of power to the employee, and the employer may decide it's not worth that hassle.
No? This bill isn't changing GC quotas.
I meaning that L1 and friends are quite often could be changed to GC soon. If they put limit on number of L1 visas, they will simply became GC very fast.
I think they don't have quotes, this is not a lottery.
There's already a massive GC backlog for some countries (India, for example). In some distant future where backlog is cleared, fewer number of H1B/L1 visas could mean faster GC. Until then, this won't have any real impact on GC timelines.
it seems that quotes is for India and China mostly. They are quite special since they account for most of applications.