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HR 122 119th Congress House Labor and Employment Housing finance and home ownership Labor standards Wages and earnings

Original LAW Act

Introduced: January 3, 2025 Introduced by: Green, Al Democratic · Texas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 2025
Referred to the House Committee on Education and Workforce.
Jan 3, 2025
Introduced in House
 Plain-English summary Congressional Research Service

Original Living American Wage Act or the Original LAW Act

This bill increases the federal minimum wage according to a formula specified in the bill.

First, the bill increases the minimum hourly wage to $10.59 beginning on January 1, 2026, and increases the minimum hourly wage by $4 annually from January 1, 2027, through January 1, 2030.

Next, beginning on January 1, 2031, the Department of Labor shall increase the minimum hourly wage every seven years according to a specified formula.

The formula establishes the minimum hourly wage as the wage sufficient for a person working 1,799 hours per year (approximately 35 hours per week) to earn an annual income that is 40% higher than the federal supplemental poverty threshold for a renter family of four, with two children under the age of 18, as published by the Bureau of Labor Statistics for the preceding year. However, if this formula results in a reduction, the minimum hourly wage may not be lowered. 

What's happening now January 3, 2025

Referred to the House Committee on Education and Workforce.

 Committees of jurisdiction 1