3.0.0 14 2022-02-03T05:25:32Z 2022-02-08T17:27:15Z Senate S S 2005-01-24 109 ssfi00 Finance Committee Senate Standing Referred to 2005-01-24T20:27:20Z A bill to provide fair wages for America's workers. 109 846 S 2005-04-20 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 80. Related bill CRS 2005-01-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 1/25/2005 S437-450) IntroReferral 2005-01-24 Introduced in Senate IntroReferral 10000 9 Library of Congress S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI N R000146 Sen. Reid, Harry [D-NV] HARRY REID D NV M. 2005-01-24 True C001042 Sen. Corzine, Jon S. [D-NJ] JON CORZINE D NJ S. 2005-01-24 True K000105 Sen. Kennedy, Edward M. [D-MA] EDWARD KENNEDY D MA MOORE 2005-01-24 True I000025 Sen. Inouye, Daniel K. [D-HI] DANIEL INOUYE D HI KEN 2005-01-24 True M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2005-01-24 True D000432 Sen. Dorgan, Byron L. [D-ND] BYRON DORGAN D ND LESLIE 2005-01-24 True L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2005-01-24 True R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2005-01-24 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2005-01-24 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2005-01-24 True D000596 Sen. Dayton, Mark [D-MN] MARK DAYTON D MN 2005-01-24 True C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R 2005-01-25 False B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2005-01-31 False Economics and Public Finance Administrative procedure Advice and consent of the Senate Agriculture and Food Agriculture in foreign trade Air pollution control Airports Antennas Authorization Aviation safety Balance of payments Broadband Business cycles Cable television Capital investments China Collective bargaining Commerce Communication satellites Community development Compensation (Law) Congress Congress and foreign policy Congressional oversight Congressional reporting requirements Congressional-executive relations Cooperative societies Corporation taxes Defined benefit pension plans Department of Commerce Department of Labor Department of the Treasury Depreciation and amortization Depressed areas Diplomats Dislocated workers Dispute settlement District of Columbia Diversification in industry East Asia Economic development Economic statistics Education Elementary and secondary education Employee rights Enterprise zones Environmental Protection Executive reorganization Exports Families Federal aid to education Federal aid to research Federal aid to transportation Federal aid to water pollution control Federal aid to water resources development Federal employees Finance and Financial Sector Fisheries Fishing boats Foreign Trade and International Finance Foreign corporations Foreign exchange Foreign investments Foreign loans Foreign tax credit Foreign trade promotion Free trade Government Operations and Politics Government and business Government employees' health insurance Government paperwork Government procurement Governmental investigations Grants-in-aid Health Health insurance High technology Higher education Highway finance Hours of labor Housing and Community Development Imports Income tax Infrastructure Insurance premiums Intellectual property Intermodal transportation International Affairs International competitiveness Internet Job creation Labor and Employment Labor statistics Laboratories Law Lease and rental services Local employees Location of industries Manufacturing industries Marine and coastal resources, fisheries Married people Mass rapid transit Mathematics Medicare Minimum wages Nontariff trade barriers Occupational retraining Office of the U.S. Trade Representative Offshore manufacturing Potable water President and foreign policy Presidential appointments Railroad employees Railroad engineering Railroad equipment Railroad finance Railroad freight operations Railroad passenger traffic Railroad safety Reciprocity Recruiting of employees Research and development facilities Research and development tax credit Research centers Research grants Right-of-way Road construction Rural economic development Science, Technology, Communications Scientific education Security measures Service industries Signs and signboards Small business Social Welfare Standard of living State employees Strategic planning Surveys Tariff Tax credits Tax deductions Tax returns Tax-exempt organizations Taxation Taxation of foreign income Telecommunication industry Telecommunication systems Telephone Television relay systems Trade adjustment assistance Trade agreements Trade negotiations Transportation and Public Works Unemployment Urban affairs Water Resources Development Wireless communication Economics and Public Finance 00 2005-01-24 Introduced in Senate 2005-02-10T23:04:35Z Fair Wage, Competition and Investment Act of 2005 - Overtime Rights Protection Act of 2005 - Amends the Fair Labor Standards Act of 1938 (FLSA) to deny any force or effect to any portion of a rule promulgated on April 23, 2004, that has the effect of exempting from FLSA overtime compensation requirements (which limit maximum hours at regular compensation) any employee who would not otherwise be exempted if regulations in effect on March 31, 2003, remained in effect. Reinstates that portion of such regulations that would prevent such an employee from being exempt. Directs the Secretary of Labor to increase, in a specified manner, the minimum salary level for the exemption for executive, administrative, and managerial occupations from FLSA overtime compensation requirements.

Fair Minimum Wage Act of 2005 - Amends the FLSA to increase the Federal minimum wage to: (1) $5.85 an hour, beginning on the 60th day after enactment of this Act; (2) $6.55 an hour, beginning 12 months after that 60th day; and (3) $7.25 an hour, beginning 24 months after that 60th day.

Amends the Worker Adjustment and Retraining Notification Act to include offshoring of jobs among the circumstances for which employers are required to post notices of employee rights.

Authorizes appropriations for: (1) investment in infrastructure in the areas of transportation, water, rail, transit, and aviation; and (2) advanced technology and manufacturing extension partnership programs.

Amends the Trade Act of 1974 (TA) to: (1) revise and extend the requirement that the U.S. Trade Representative (USTR) identify and report on trade expansion priorities; and (2) establish the position of Chief Enforcement Negotiator.

Foreign Debt Ceiling Act of 2005 - Directs the USTR, when a certain level of net U.S. foreign debt or of U.S. trade deficit is reached, to convene an emergency meeting of the Trade Policy Review Group to develop a plan of action to reduce the U.S. trade deficit.

Requires specified negotiations and certification regarding the currency valuation policy of the People's Republic of China.

Trade Adjustment Assistance Equity for Service Workers Act of 2005 - Amends TA to extend trade adjustment assistance (TAA) to workers in a service sector firm or its subdivision or public agency.

Trade Adjustment Assistance for Communities Act of 2005 - Amends TA to revise the TAA program for communities negatively impacted by trade, and to establish a TAA for Communities Program at the Department of Commerce to coordinate the Federal response.

Trade Adjustment Assistance for Firms Reorganization Act - Amends TA to establish in the International Trade Administration of the Department of Commerce an Office of TAA for TAA to firms that have been adversely affected by import competition.

Requires the Director of the Office of Personnel Management and the Secretary of the Treasury to establish a program to offer TAA workers enrollment in the Federal Employees Health Benefit program (FEHBP).

Amends the Internal Revenue Code to provide for: (1) taxing income of controlled foreign corporations attributable to imported property; (2) a broadband access credit; (3) permanent extension and expansion of a research and development credit, and revision of alternative incremental credits; (4) repeal of a limit on contract research expenses paid to small businesses, universities, and Federal laboratories; (5) increased credit for health insurance costs; and (6) revised covered month eligibility for spouses of individuals entitled to Medicare, under a health care credit related to TAA.

Expresses the sense of the Senate regarding: (1) multiemployer pension plans; (2) promotion of science and technology funding; and (3) free trade agreements.

]]> Fair Wage, Competition, and Investment Act of 20005 Short Titles as Introduced Fair Wage, Competition, and Investment Act of 20005 Short Titles as Introduced for portions of this bill Trade Adjustment Assistance Equity for Service Workers Act of 2005 Short Titles as Introduced for portions of this bill Trade Adjustment Assistance for Firms Reorganization Act Short Titles as Introduced for portions of this bill Trade Adjustment Assistance for Communities Act of 2005 Short Titles as Introduced for portions of this bill Foreign Debt Ceiling Act of 2005 Short Titles as Introduced for portions of this bill Fair Minimum Wage Act of 2005 Short Titles as Introduced for portions of this bill Overtime Rights Protection Act of 2005 Display Title Fair Wage, Competition, and Investment Act of 20005 Official Title as Introduced A bill to provide fair wages for America's workers, to create new jobs through investment in America, to provide for fair trade and competitiveness, and for other purposes. Introduced in Senate 2005-01-24T05:00:00Z 2005-01-24 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 1/25/2005 S437-450) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.