H.R.8555

Living Wage For All Act aims to increase the federal minimum wage to a living wage, indexed to the national median wage.

The Living Wage For All Act seeks to establish a federal minimum wage that aligns with the national median hourly wage, aiming for a living wage. It mandates that large employers, defined as those with annual gross revenues of $1 billion or more or employing 500 or more employees nationwide, lead the transition to higher wages. The minimum wage will increase incrementally, reaching $25 per hour by 2031. The Act also eliminates subminimum wages for tipped employees and incarcerated workers, ensuring all workers receive a fair wage.