S. 53: Raise the Wage Act of 2021
CBO Score
$74 billion
Documentation
Date of Report
Mon February 15th, 2021
CBO Report Details
Legislation Details
117th Congress
A bill to provide for increases in the Federal minimum wage, and for other purposes.
Sponsor: Sen. Bernard Sanders — I — VT
Increases the federal minimum wage for regular employees over a 5-year period, for tipped employees, and for newly hired employees who are less than 20 years old. The bill sets forth a schedule of annual increases in the federal minimum wage for individuals with disabilities. The Department of Labor shall no longer issue special certificates for the payment of subminimum wages to such individuals after the final wage increase under this bill for such indi...
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