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S. 555 · 117th Congress

A bill to amend the Fair Labor Standards Act of 1938 to increase the Federal minimum wage for employers with…

Full title

A bill to amend the Fair Labor Standards Act of 1938 to increase the Federal minimum wage for employers with at least $1,000,000,000 in annual revenue, and for other purposes.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

This bill requires employers with annual revenue of at least $1 billion to increase the minimum wage for their employees over a 5-year period. The requirement does not apply to tipped employees.

What it does: CRS summary · Introduced in Senate · Mar 3, 2021

This bill requires employers with annual revenue of at least $1 billion to increase the minimum wage for their employees over a 5-year period. The requirement does not apply to tipped employees.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: A bill to amend the Fair Labor Standards Act of 1938 to increase the Federal minimum wage for employers with at least $1,000,000,000 in annual revenue, and for other purposes.

Latest action (Mar 3, 2021): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Policy area: Labor and Employment · Origin: Senate · Introduced: Mar 3, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.