During the past two weeks, measures were introduced in the House and Senate that address such topics as the minimum wage, employment taxes, labor-management relations and National Labor Relations Board Authority, wage and hour restrictions, and medical marijuana. A brief summary of new legislation is as follows:
Sen. Tom Harkin (D-IA) and Rep. George Miller (D-CA) introduced a bill that would increase the federal minimum wage. The Fair Minimum Wage Act of 2013 (S. 460; H.R. 1010) would increase the federal hourly rate from $7.25 to $10.10 in $.95 increments over a three-year period. After that time, the minimum wage would be tied to any cost of living adjustments. The bill would also increase the hourly wage for tipped workers from $2.13 to $3.00 during the first year, and then increase this base amount by either $.95 or an amount necessary to raise the rate to 70% of the minimum wage, whichever is less.
The Senate Committee on Health, Education, Labor and Pensions (HELP) will hold a hearing on the minimum wage on Thursday, March 13, 2013 at 10:00 a.m., ET. More information on the upcoming hearing can be found here.Continue Reading...