,i #aad? ,,congress #b;d ,session ,h4 ,r4 #dejh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #i1 #bjaf ,mr4 ,norcross 7= himself1 ,mr4 ,pallone1 & ,mrs4 ,watson ,coleman7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ! ,work=ce1 & 9 addition to ! ,committee on ,ways & ,means1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to provide = increases 9 ! ,f$]al m9imum wage & to provide a cr$it aga9/ ! employm5t taxes ( c]ta9 employ]s :o pay m ?an ! ,f$]al m9imum wage4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,fair ,wage ,act 4 #b4 ,m9imum wage increases 7a7 ,m9imum wage 7#a7 ,9 g5]al ,section #f7;a77#a7 ( ! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bjf7;a77#a77 is am5d$ to read z foll[s3 7#a7 except z o!rwise provid$ 9 ?is section1 n less ?an-- 7,a7 #h4jj an h\r1 beg9n+ #cj days aft] ! date ( enactm5t ( ! ,fair ,wage ,act or ,janu>y #a1 #bjag1 :i*ev] date is e>li]2 7,b7 #i4jj an h\r1 beg9n+ #a ye> aft] ! date ! wage specifi$ 9 subp>agraph 7,a7 takes effect2 7,c7 #aj4jj an h\r1 beg9n+ #b ye>s aft] su* date2 7,d7 #aa4jj an h\r1 beg9n+ #c ye>s aft] su* date2 7,e7 #ab4jj an h\r1 beg9n+ #d ye>s aft] su* date2 7,f7 #ac4jj an h\r1 beg9n+ #e ye>s aft] su* date2 7,g7 #ad4jj an h\r1 beg9n+ #f ye>s aft] su* date2 7,h7 #ae4jj an h\r1 beg9n+ #g ye>s aft] su* date2 & 7,i7 beg9n+ #h ye>s aft] su* date1 & annually !reaft]1 ! am\nt det]m9$ by ! ,secret>y pursuant to subsection 7h74 4 7#b7 ,det]m9ation bas$ 9 increase 9 consum] price index ,section #f ( ! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bjf7 is am5d$ by add+ at ! end ! foll[+3 7h7 7#a7 ,ea* ye>1 by n lat] ?an ! date t is #ij days be=e a new m9imum wage det]m9$ "u subsection 7a77#a77;,i7 is to take effect1 ! ,secret>y %all det]m9e ! m9imum wage to be 9 effect pursuant to ?is subsection = ! subsequ5t #a-ye> p]iod4 ,! wage det]m9$ pursuant to ?is subsection = a ye> %all be-- 7,a7 n less ?an ! am\nt 9 effect "u subsection 7a77#a7 on ! date ( su* det]m9ation2 7,b7 increas$ f su* am\nt by ! annual p]c5tage increase 9 ! ,consum] ,price ,index = ,urban ,wage ,e>n]s & ,cl]ical ,work]s 7,unit$ ,/ates city av]age1 all items1 n seasonally adju/$71 or its successor publication1 z det]m9$ by ! ,bureau ( ,labor ,/ati/ics2 & 7,c7 r\nd$ to ! ne>e/ multiple ( #j4je4 7#b7 ,9 calculat+ ! annual p]c5tage increase 9 ! ,consum] ,price ,index = purposes ( p>agraph 7#a77;,b71 ! ,secret>y %all comp>e su* ,consum] ,price ,index = ! mo/ rec5t mon?1 qu>t]1 or ye> available 7z select$ by ! ,secret>y prior to ! fir/ ye> = :i* a m9imum wage is 9 effect pursuant to ?is subsection7 ) ! ,consum] ,price ,index = ! same mon? 9 ! prec$+ ye>1 ! same qu>t] 9 ! prec$+ ye>1 or ! prec$+ ye>1 respectively4 4 7b7 ,publication ( notice ,section #f ( ! ,fair ,labor ,/&>ds ,act ( #aich 7z am5d$ by subsection 7a77 7#bi ,u4,s4,c4 #bjf7 is fur!r am5d$ by add+ at ! end ! foll[+3 7i7 ,n lat] ?an #fj days prior to ! effective date ( any increase 9 ! m9imum wage det]m9$ "u subsection 7h71 ! ,secret>y %all publi% 9 ! ,f$]al ,regi/] & on ! website ( ! ,dep>tm5t ( ,labor a notice ann\nc+ ! adju/$ requir$ wage4 4 #c4 ,cr$it aga9/ employm5t taxes ( c]ta9 employ]s :o pay m ?an ! ,f$]al m9imum wage 7a7 ,9 g5]al ,sub*apt] ,b ( *apt] #ba ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #caac4 ,cr$it = c]ta9 employ]s :o pay m ?an ! ,f$]al m9imum wage 7a7 ,9 g5]al ,9 ! case ( a qualifi$ employ]1 !re %all be all[$ z a cr$it aga9/ ! tax impos$ "u section #caaa an am\nt equal to #f4b p]c5t ( ! wages paid by su* employ] to qualifi$ employees dur+ ! cal5d> ye>4 7b7 ,qualifi$ employ] ,= purposes ( ?is section1 ! t]m qualifi$ employ] means any employ] = any cal5d> ye> if ! l[e/ h\rly wage paid by su* employ] to ! l[e/ paid employee ( su* employ] 7det]m9$ on an h\rly basis7 exce$s ! m9imum h\rly wage 9 effect = su* cal5d> ye> "u section #f7;a77#a7 ( ! ,fair ,labor ,/&>ds ,act ( #aich by #a or m p] h\r4 7c7 ,qualifi$ employee ,= purposes ( ?is section1 ! t]m qualifi$ employee means any employee ( a qualifi$ employ] if-- 7#a7 su* employee is comp5sat$ 9 wages on an h\rly basis1 & 7#b7 su* h\rly wage is-- 7,a7 n less ?an #a m p] h\r ?an ! m9imum h\rly wage 9 effect "u section #f7;a77#a7 ( ! ,fair ,labor ,/&>ds ,act ( #aich1 7,b7 n m ?an #ae p] h\r1 & 7,c7 9 ! case ( any employee employ$ by su* employ] 9 any prec$+ cal5d> ye>1 great] ?an ! highe/ h\rly wage paid by su* employ] to su* employee dur+ any su* prec$+ cal5d> ye>4 7d7 ,special rules ,wages %all be tak5 into acc\nt 9 det]m9+ ! am\nt ( ! cr$it all[$ "u subsection 7a7 only if su* wages are paid by ! employ]-- 7#a7 ) respect to employm5t 7z def9$ 9 section #caba7;b771 & 7#b7 9 ! ord9>y c\rse ( ! employ]'s trade or bus9ess4 4 7b7 ,tru/ funds held h>mless ,! am\nt ( any transf]1 appropriation1 or cr$it to any tru/ fund %all be det]m9$ )\t reg>d to ! am5dm5t made by subsection 7a74 7c7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply to wages paid aft] ! date t is #cj days aft] ! date ( enactm5t ( ?is ,act or ,janu>y #a1 #bjag1 :i*ev] date is e>li]4