To amend the Immigration and Nationality Act to extend the provisions governing nonimmigrant status for spouses and children of permanent resident aliens awaiting the availability of an immigrant visa, and for other purposes.

Amends the Immigration and Nationality Act with respect to a "V" visa nonimmigrant spouse and minor child of a lawful permanent resident alien whose petition for immigrant status is pending or approved but still pending, to: (1) extend such petition's filing deadline from December 21, 2000 (enactment date of the Legal Immigration Family Equity Act) to January 1, 2011; and (2) reduce such petition's required pending period from three years to six months.