H.Amdt.5 to H.R.2101st Congress (1989-1990)
Description: H.Amdt. 5 — 101st Congress (1989-1990)All Information (Except Text)
Amendment in the nature of a substitute sought to increase the minimum wage in 30 cent increments to a level of $4.25 by 1992. It sought to establish a 6 month "new hire" wage at $3.35 beginning January 1, 1990; and then at not less than 80 percent of the minimum wage after December 31, 1991. It would have raised the small business exemption to $500,000.
An amendment to increase the minimum wage in thirty cent increments to a level of $4.25 by 1992. The amendment creates a six month sub-minimum "training" wage for all newly hired workers. Raises the exemption level for most firms from $362,500 to $500,000, and retains the level to "tip credit" provisions of the bill.
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