,,ii #aagth ,,congress #ast ,session ,s4 #eee ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #c1 #bjba ,mr4 ,hawley introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to amend the ,fair ,labor ,standards ,act of #aich to increase the ,federal minimum wage for employers with at least #a1jjj1jjj1jjj in annual revenue1 and for other purposes4 #a4 ,minimum wage increase for employers with high annual revenues ,section #f of the ,fair ,labor ,standards ,act of #aich 7#bi ,u4,s4,c4 #bjf7 is amended by adding at the end the following3 7h7 ,employers with high annual revenues 7#a7 ,in general ,except as described in paragraph 7#c71 for purposes of this ,act1 in the case of an employer described in paragraph 7#b71 the minimum wage rate provided for in1 prescribed in1 and in effect under subsection 7a77#a7 with respect to the employees of such employer shall be-- 7,a7 #i4ej an hour1 beginning on the first day of the third month that begins after the date of enactment of this subsection2 7,b7 #aa4jj an hour1 beginning #a year after such first day2 7,c7 #ab4ej an hour1 beginning #b years after such first day2 7,d7 #ad4jj an hour1 beginning #c years after such first day2 7,e7 #ae4jj an hour1 beginning #d years after such first day2 and 7,f7 beginning on the date that is #e years after such first day1 and annually thereafter1 the amount determined by the ,secretary under paragraph 7#d74 7#b7 ,employer ,an employer described in this paragraph is an employer with an annual revenue that is not less than #a1jjj1jjj1jjj4 7#c7 ,tipped employees ,paragraph 7#a7 shall not apply with respect to determining the wage an employer described in paragraph 7#b7 is required to pay a tipped employee under section #c7m77#b74 7#d7 ,determination based on increase in the median hourly wage of all employees 7,a7 ,in general ,not later than each date that is #ij days before a new minimum wage determined under paragraph 7#a77;,f7 is to take effect1 the ,secretary shall determine the minimum wage to be in effect under this paragraph for each period described in paragraph 7#a77;,f74 ,the wage determined under this paragraph for a year shall be-- 7i7 not less than the amount in effect under paragraph 7#a7 on the date of such determination2 7ii7 increased from such amount by the annual percentage increase1 if any1 in the median hourly wage of all employees as determined by the ,bureau of ,labor ,statistics2 and 7iii7 rounded up to the nearest multiple of #j4je4 7,b7 ,calculating annual percentage increase ,in calculating the annual percentage increase in the median hourly wage of all employees for purposes of subparagraph 7,a77ii71 the ,secretary1 through the ,bureau of ,labor ,statistics1 shall compile data on the hourly wages of all employees to determine such a median hourly wage and compare such median hourly wage for the most recent year for which data are available with the median hourly wage determined for the preceding year4 4 #b4 ,effective date ,the amendments made by section #a shall take effect on the first day of the third month that begins after the date of enactment of this ,act4