The bill would raise the federal minimum wage in stages to $17 an hour, then adjust it each year based on changes in median hourly wages. It would phase out several lower wage rates, set higher wage requirements for tipped workers, and require employers to give tipped workers daily notice of their tips. It would also double certain civil penalties, protect Wage and Hour Division investigators from job cuts through reductions in force, authorize grants to help state, local, and Tribal governments enforce wage laws, and create a hospitality industry advisory committee. Starting with tax years after 2025, it would expand the Earned Income Tax Credit by changing eligibility rules and increasing credit rates and amounts.
If you are covered by federal minimum wage rules, your required minimum pay could rise in stages, with later increases tied to median hourly wages. Special lower wage rates for some new hires, students, and workers with disabilities would be limited or phased out. Tipped workers would have a higher required employer-paid wage and would receive notice of tips earned each workday. Eligible workers could qualify for a larger Earned Income Tax Credit under the bill's changes.
The bill authorizes grants for wage-law enforcement but does not specify grant amounts. It would also expand the Earned Income Tax Credit. No publicly available information gives a total cost or estimates the bill's effect on government spending.
No publicly available information.
No publicly available information.