S. 555 · 117th Congress · Senate

A bill to amend the Fair Labor Standards Act of 1938 to increase the Federal minimum wage for employers with at least $1,000,000,000 in annual revenue, and for other purposes.

Active· Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced
Mar 3, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

This bill requires employers with annual revenue of at least $1 billion to increase the minimum wage for their employees over a 5-year period. The requirement does not apply to tipped employees.

Action Timeline

2
  1. MAR 03, 2021IntroReferral

    Introduced in Senate

  2. MAR 03, 2021IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Committees

1

Health, Education, Labor, and Pensions Committee

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Referred: Mar 3, 2021

Active