S.2538 - Fair Minimum Wage Act of 2002107th Congress (2001-2002)
|Sponsor:||Sen. Kennedy, Edward M. [D-MA] (Introduced 05/22/2002)|
|Latest Action:||05/23/2002 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 385.|
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Summary: S.2538 — 107th Congress (2001-2002)All Bill Information (Except Text)
Fair Minimum Wage Act of 2002 - Amends the Fair Labor Standards Act of 1938 to increase the Federal minimum wage to: (1) $5.75 an hour beginning 30 days after enactment of this Act; (2) $6.25 an hour during the year beginning on January 1, 2003; and (3) $6.65 an hour beginning January 1, 2004.
Introduced in Senate (05/23/2002)
Makes Federal minimum wage requirements applicable to the Commonwealth of the Northern Mariana Islands. Sets forth a transition period during which a specified minimum wage there shall be gradually increased to equal the Federal minimum wage.