U.S. Citizenship and Immigration Services (USCIS) announced on May 26, 2011, that it continues to accept H-1B nonimm grant petitions that are subject to the fiscal year (FY) 2012 cap. The agency began accepting these petitions on April 1, 2011.
USCIS is monitoring the number of petitions received that count toward the congressionally mandated annual H-1B cap of 65,000 and the 20,000 U.S. master's degree or higher cap exemption. The agency reported that it has received approximately 13,100 H-1B petitions counting toward the 65,000 cap, and approximately 9,000 petitions toward the 20,000 cap exemption for individuals with advanced degrees.
Petitions filed by employers who are exempt from the cap, as well as petitions filed on behalf of current H-1B workers who have been counted previously against the cap within the past six years, will not count toward the cap.
The USCIS announcement is available here.