As proposed by the House of Representatives, minimum wage requirements would increase from the current standard of $5.15 to $7.25 in approximately three years. Introduced by Representative George Miller, the Fair Minimum Wage Act passed the House by 315-116 on January 10, 2007, and is expected to affect up to 13 million of America’s minimum wage workers.
As currently drafted, minimum wages would increase as follows:
â€¢ 60 days after enactment: The minimum wage will increase from the current $5.15 to $5.85
â€¢ One year after the first increase: The minimum wage will increase to $6.55
â€¢ One year after the second increase: The minimum wage will finally increase to $7.25
We will continue to keep you updated as the proposed statute evolves. You can find more details on the Act at the U.S. House of Representativesâ€™ Committee on Education and Labor website: http://edlabor.house.gov/micro/minimumwage.shtml.