[Publib] Raising Wages
Backwage at aol.com
Backwage at aol.com
Thu May 24 16:40:28 EDT 2007
Update on federal minimum wage legislation follows. Note especially
effective dates, and also that the federal law doesn't relieve the burden of paying
higher state minimums. M. McGrorty
======================
May 24, 2007
Congress Poised to Vote for Higher Minimum Wage
By _STEPHEN LABATON_
(http://topics.nytimes.com/top/reference/timestopics/people/l/stephen_labaton/index.html?inline=nyt-per) (NY Times)
WASHINGTON, May 24 — Congress is moving this afternoon towards approving the
first increase in the federal minimum wage rate in a decade, in a vote that
would be a victory for Democratic lawmakers and labor groups.
The measure, which would raise the wage rate for the nation’s lowest paid
workers to $7.25 an hour from $5.15 in three stages over the next two years, was
attached to the Iraq spending bill. The bill also includes $4.84 billion in
tax breaks on small businesses, which have made a case that the wage
increases represent an economic burden to them.
President Bush has said he will sign the measure, which is expected to be
approved by the House of Representatives and the Senate later tonight.
-----------------------------
Provisions:
SEC. 101. MINIMUM WAGE.
(a) In General- Section 6(a)(1) of the Fair Labor Standards Act of 1938 (29
U.S.C. 206(a)(1)) is amended to read as follows:
`(1) except as otherwise provided in this section, not less than--
`(A) $5.85 an hour, beginning on the 60th day after the date of enactment of
the Minimum Wage Act of 2007;
`(B) $6.55 an hour, beginning 12 months after that 60th day; and
`(C) $7.25 an hour, beginning 24 months after that 60th day;'.
(b) Effective Date- The amendment made by subsection (a) shall take effect
60 days after the date of enactment of this Act.
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