Bill > HR3662

This bill, known as the Labor Income Fairness and Transparency Act (LIFT Act), proposes several significant changes to labor and wage regulations. The bill mandates a gradual increase in the federal minimum wage, rising from $10.25 to $17.00 per hour over 24 months, with subsequent annual adjustments based on the median hourly wage of all employees. It eliminates subminimum wages for youth, student-learners, full-time students, and workers with special certificates, ensuring that these groups will eventually receive the same minimum wage as other workers. The bill also addresses tipped employees by increasing their base wage and explicitly prohibiting employers from keeping or redirecting employees' tips. Additionally, the legislation doubles civil penalties for wage violations, protects Wage and Hour Division investigators from reduction in force, authorizes grants to state and local governments for wage law enforcement, and establishes a National Advisory Committee on the Hospitality Industry to provide guidance on workers' issues. As a bonus provision, the bill also makes improvements to the Earned Income Tax Credit (EITC) by lowering the minimum age for eligibility, increasing credit percentages, and adjusting income thresholds, with these changes set to take effect in 2026.

Education

https://www.congress.gov/bill/119th-congress/house-bill/3662/all-info