S 3453 112th Congress Senate Labor and Employment Administrative law and regulatory procedures Department of Labor Inflation and prices Labor standards Wages and earnings

Fair Minimum Wage Act of 2012

Introduced: July 26, 2012 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 26, 2012

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S5492)

Jul 26, 2012

Sponsor introductory remarks on measure. (CR S5491-5492)

Jul 26, 2012

Introduced in Senate

Plain-English summary Congressional Research Service

Fair Minimum Wage Act of 2012 - Amends the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to: (1) $8.10 an hour on the first day of the third month after the enactment of this Act; (2) $8.95 an hour after one year; (3) $9.80 an hour after two years; and (4) the amount determined by the Secretary of Labor (based on increases in the Consumer Price Index) after three years, and annually thereafter.

Increases the federal minimum wage for tipped employees to $3.00 an hour for one year on the first day of the third month after the enactment of this Act. Provides a formula for subsequent annual adjustments of the wage increase to ensure that it remains equal to 70% of the wage in effect under FLSA for other employees.

Directs the Secretary of Labor, 60 days before any increase in the minimum wage, to publish it in the Federal Register and on the Department of Labor's website.

What's happening now July 26, 2012

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S5492)

Committees of jurisdiction 1