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Minimum Wage Increase and Tax Credit Changes

The LIFT Act aims to gradually increase the minimum wage in the United States, impacting the earnings of many workers. Additionally, it modifies the rules for the Earned Income Tax Credit (EITC), expanding its availability to younger individuals and increasing credit amounts. Citizens can expect higher wages for the lowest earners and potentially larger tax refunds.
Key points
The minimum wage will gradually increase to $17 per hour within 24 months, then automatically adjust based on the median hourly wage.
Lower subminimum wages for youth, students, and individuals with disabilities will be eliminated, meaning they will earn the same as other employees.
The minimum wage for tipped employees will increase, reaching the full minimum wage level after 36 months.
Financial penalties for employers violating wage laws will be increased.
The Earned Income Tax Credit (EITC) rules will be expanded, lowering the minimum age for eligibility and increasing credit amounts, potentially leading to larger tax refunds for low-income individuals.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3662
Sponsor: Rep. Titus, Dina [D-NV-1]
Process start date: 2025-05-29
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Labor Income Fairness and Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3662.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-29.

What are the main provisions?

Key points include:

  • The minimum wage will gradually increase to $17 per hour within 24 months, then automatically adjust based on the median hourly wage.
  • Lower subminimum wages for youth, students, and individuals with disabilities will be eliminated, meaning they will earn the same as other employees.
  • The minimum wage for tipped employees will increase, reaching the full minimum wage level after 36 months.
  • Financial penalties for employers violating wage laws will be increased.
  • The Earned Income Tax Credit (EITC) rules will be expanded, lowering the minimum age for eligibility and increasing credit amounts, potentially leading to larger tax refunds for low-income individuals.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Titus, Dina [D-NV-1].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

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