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Minimum Wage Increase: Linking Pay to Family Poverty Threshold.

This bill changes how the federal minimum wage is calculated, directly linking it to the poverty threshold for a family of four. The goal is to ensure a full-time worker earns an annual income at least 25.5% above the federal poverty line. This aims to improve living standards and housing affordability for low-income workers.
Key points
The minimum wage will be recalculated every four years to ensure income significantly exceeds the poverty threshold for a family of four.
The change aims to help full-time workers earn enough to support a family and cover housing costs more easily.
The established minimum wage rate cannot be lowered in subsequent calculation cycles, even if the calculation result is lower.
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Additional Information
Original Living Wage Act
Print number: HR 122
Sponsor: Rep. Green, Al [D-TX-9]
Process start date: 2021-01-04