Minimum Wage Modifications

AI Summary

The "Minimum Wage Modifications" bill aims to adjust the federal minimum wage. It proposes increasing the minimum wage gradually over a specified period to reach a higher rate than the current level. This change is intended to improve the standard of living for low-wage workers and address income inequality. The bill's main provisions include setting new minimum wage rates, outlining the timeline for incremental increases, and potentially introducing mechanisms for future adjustments based on economic indicators. If passed, this bill could have significant impacts on workers' earnings, businesses' operating costs, and overall economic dynamics.

• 2024-02-01: Bill Numbered but not Distributed in Legislative Research and General Counsel

• 2024-02-01: Numbered Bill Publicly Distributed in Legislative Research and General Counsel

• 2024-02-01: LFA/ bill sent to agencies for fiscal input in Legislative Research and General Counsel

• 2024-02-01: House/ received bill from Legislative Research in Clerk of the House

• 2024-02-02: House/ 1st reading (Introduced) in House Rules Committee

• 2024-02-06: LFA/ fiscal note sent to sponsor in House Rules Committee

• 2024-02-07: LFA/ fiscal note publicly available in House Rules Committee

• 2024-02-07: House/ received fiscal note from Fiscal Analyst in House Rules Committee

• 2024-03-01: House/ strike enacting clause in Clerk of the House

• 2024-03-01: House/ filed in House file for bills not passed