A bill to exempt public school employees from non-processing related fees for H-1B visas imposed by Presidential Proclamation 10973.

S.4087 was introduced in the Senate on March 12, 2026, by Sen. Murkowski (R-AK) and referred to the Committee on the Judiciary. The bill does not authorize or appropriate any funds, create new visa categories, or change overall H-1B caps. Its sole effect is to exempt public school employees from a $100,000 non-processing fee required under Presidential Proclamation 10973. This provides minor operational cost relief for public school districts hiring specialized foreign talent—such as teachers in STEM or special education—but the dollar amount per visa is immaterial relative to district budgets, and the number of affected petitions is small. No publicly traded company directly benefits from this narrow fee exemption. The bill has only two cosponsors and no companion House bill, indicating very low legislative momentum. Given its early stage and constrained scope, the probability of passage in the 119th Congress is low. If enacted, it would not generate revenue for any public company nor alter competitive dynamics in any sector. The most relevant public company would be a major K-12 education services provider, but none listed meet the pure-play threshold for inclusion.