The bill amends federal wage law to raise the federal minimum wage from its current level to $15 per hour, effective January 1 of the first full year after the law passes. Beginning the following year and every January 1 thereafter, the minimum wage would automatically increase based on inflation, as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers, with increases rounded to the nearest five cents. This legislation affects all workers covered by the Fair Labor Standards Act, which includes most private-sector employees across the country. The bill does not specify new federal funding or appropriations, as minimum wage changes are enforced through existing Department of Labor mechanisms. The automatic inflation adjustments would continue indefinitely unless Congress changes the law.
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