[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2812 Introduced in House (IH)]
107th CONGRESS
1st Session
H. R. 2812
To amend the Fair Labor Standards Act of 1938 to increase the Federal
minimum wage to the value it had in 1968, and to provide for increases
in such wage based on the cost of living.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
August 2, 2001
Mr. Sanders (for himself, Mr. Kucinich, Ms. Lee, Ms. McKinney, Mr.
Owens, Ms. Brown of Florida, Mr. Brown of Ohio, Mrs. Clayton, Mr.
Costello, Mr. Davis of Illinois, Mr. Filner, Mr. Kildee, Ms. Norton,
Mr. Serrano, Ms. Solis, Mr. Stark, and Mr. Weiner) introduced the
following bill; which was referred to the Committee on Education and
the Workforce
_______________________________________________________________________
A BILL
To amend the Fair Labor Standards Act of 1938 to increase the Federal
minimum wage to the value it had in 1968, and to provide for increases
in such wage based on the cost of living.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Minimum Wage Restoration Act''.
SEC. 2. FINDINGS.
The Congress finds the following:
(1) The Federal minimum wage has not kept pace with the
rising cost of living.
(2) The Federal minimum wage has lost 37 percent of its
purchasing power since 1968, the year in which the purchasing
power of the minimum wage reached its highest level.
(3) The Federal minimum wage in June 2001 would have been
$8.14 an hour (compared to its actual level of $5.15 an hour),
if it had kept pace with the rising cost of living since 1968.
SEC. 3. MINIMUM WAGE INCREASE.
(a) Rate Increase.--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--
``(A) during 2001, not less than $5.15 an hour;
``(B) beginning January 1, 2002, not less than
$6.65 an hour;
``(C) beginning January 1, 2003, not less than
$8.15 an hour;
``(D) beginning in 2004, the amount the Secretary
determines under subsection (g), as adjusted for the
cost of living;''.
(b) Cost of Living Increase.--Section 6 of the Fair Labor Standards
Act of 1938 (29 U.S.C. 206) is amended by adding at the end the
following new subsection:
``(g)(1) Beginning in 2003, not later than 5 days after the date on
which the Commissioner of Social Security publishes the applicable
increase percentage under section 215(i) of the Social Security Act (42
U.S.C. 415(i)), the Secretary shall determine and publish the amount of
the minimum wage applicable for the next calendar year, which shall
be--
``(A) for wages payable in 2004, the rate under subsection
(a)(1)(C) increased by the cost of living adjustment applicable
between July 1, 2001, and such date of publication by the
Commissioner; and
``(B) for wages payable in each year after 2004, the rate
for the current calendar increased by the cost of living
adjustment.
``(2) In this subsection and subsection (a)(1), the term `cost of
living adjustment' means the applicable increase percentage under
section 215(i) of the Social Security Act (42 U.S.C. 415(i)) effective
for benefits payable in January of the next calendar year.''.
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