To amend the Immigration and Nationality Act to provide status in each of fiscal years 2000 through 2002 for 65,000 H-1B nonimmigrants who have a master's or Ph. D. degree and meet the requirements for such status and whose employers make scholarhip payments to institutions of higher education for undergraduate and postgraduate education.

[AI summary unavailable — showing source text] Amends the Immigration and Nationality Act to authorize the Attorney General to provide (H1-B visa) nonimmigrant status for a specified number of aliens during FY 2000 through 2002 with a master's or PhD degree whose employers make qualified scholarship payments to institutions of higher education for undergraduate and postgraduate study. (Gives scholarship priority to citizens and permanent resident aliens.)…