; (B) in subclause (I), by striking , or and inserting a semicolon; (C) in subclause (II), by striking the period at the end and inserting ; or ; and (D) by adding at the end the following: (III) is a conditional permanent resident under section 216B and receives wages (including cash bonuses) at an annual rate equal to not less than $100,000. . (2) Inflation adjustment The amount specified in section 212(a)(5)(A)(ii)(III) of the Immigration and Nationality Act, as added by paragraph (1), shall be increased, on the first day of the third fiscal year beginning after the date of the enactment of this Act, and on the first day of every third fiscal year thereafter, by the percentage (if any) by which the Consumer Price Index for the month of June preceding the date on which such increase takes effect exceeds the Consumer Price Index for the same month of the third preceding calendar year. (e) Conditional permanent residency (1) In general Chapter 2 of title II of the Immigration and Nationality Act ( 8 U.S.C. 1181 et seq.) is amended by inserting after section 216A the following: 216B. Conditional permanent resident status for certain highly skilled professionals, spouses, and children (a) In general (1) Conditional basis for status Notwithstanding any other provision of this Act, a conditional employment-based immigrant (as described in section 203(i)), and the alien spouse and alien children of such immigrant, shall each be provided the status of an alien lawfully admitted for permanent residence, and shall be considered to have obtained such status on a conditional basis subject to the provisions of this section. (2) Notice of requirements At the time a conditional employment-based immigrant, or the alien spouse or child of such immigrant, obtains permanent resident status on a conditional basis, the Secretary of Homeland Security shall notify such immigrant, spouse, or child of— (A) the provisions of this section; (B) the requirements for maintaining such conditional permanent resident status