S.2 - Fair Minimum Wage Act of 2007110th Congress (2007-2008)
|Sponsor:||Sen. Reid, Harry [D-NV] (Introduced 01/04/2007)|
|Latest Action:||01/08/2007 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 2. (All Actions)|
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Summary: S.2 — 110th Congress (2007-2008)All Information (Except Text)
Introduced in Senate (01/04/2007)
Fair Minimum Wage Act of 2007 - Amends the Fair Labor Standards Act of 1938 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.
Applies federal minimum wage requirements to the Commonwealth of the Northern Mariana Islands. Sets forth a transition period during which a specified minimum wage in the Commonwealth shall be gradually increased to equal the federal minimum wage.