Official Summary

1/4/2007--Introduced.Working Americans Growing the Economy (WAGE) Act of 2007 - Amends the Fair Labor Standards Act of 1938 to increase the federal minimum wage to: (1) $5.85 an hour, beginning on the 60th day after enactment of this Act; (2) $6.55 an hour, beginning 12 months after that 6

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Official Summary

1/4/2007--Introduced.
Working Americans Growing the Economy (WAGE) Act of 2007 - Amends the Fair Labor Standards Act of 1938 to increase the federal minimum wage to:
(1) $5.85 an hour, beginning on the 60th day after enactment of this Act;
(2) $6.55 an hour, beginning 12 months after that 60th day; and
(3) $7.25 an hour, beginning 24 months after that 60th day. States that, if an employer provides an employee with health care or child care benefits of at least $2,500 per year, the applicable minimum wage rate paid to such employee shall be:
(1) $5.15 an hour, beginning on the 60th day after enactment of this Act;
(2) $5.55 an hour, beginning 12 months after that 60th day; and
(3) $6.25 an hour, beginning 24 months after that 60th day. Requires the Secretary of Labor to:
(1) define the categories of health care benefits and child care benefits which qualify an employer to pay the latter rates; and
(2) establish a method for determining the value of such benefits.


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