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:
• 60 days after enactment: The minimum wage will increase from the current $5.15 to $5.85
• One year after the first increase: The minimum wage will increase to $6.55
• 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 Representatives’ Committee on Education and Labor website: http://edlabor.house.gov/micro/minimumwage.shtml.
