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US HR7480

US HR7480
FAIR Act Federal Adjustment of Income Rates Act


summary

Introduced
02/10/2026
In Committee
02/10/2026
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To increase the rates of pay under the statutory pay systems and for prevailing rate employees by 4.1 percent, and for other purposes.

AI Summary

This bill, known as the Federal Adjustment of Income Rates Act or FAIR Act, proposes to increase the pay rates for federal employees. Specifically, for the calendar year 2027, it mandates a 3.1 percent adjustment to the basic pay rates under statutory pay systems, which are established pay scales for federal employees, and also for prevailing rate employees, who are paid based on local wage surveys. This increase for prevailing rate employees will occur for fiscal year 2027, overriding normal wage survey requirements. Additionally, the bill calls for a separate 1 percent adjustment to locality pay for calendar year 2027, which accounts for differences in the cost of living in various geographic areas.

Committee Categories

Government Affairs

Sponsors (29)

Last Action

Referred to the House Committee on Oversight and Government Reform. (on 02/10/2026)

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