._Congressional_Research_Service.gif)
The Fair Minimum Wage Act of 2007[3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007. The act raised the federal minimum wage in 3 increments: to $5.85 per hour 60 days after enactment (July 24, 2007), to $6.55 per hour a year later (July 24, 2008), and finally to $7.25 per hour two years later (July 24, 2009). In addition, the act provided for the Northern Mariana Islands and American Samoa to make the transition to the federal minimum wage on alternate timetables.
As of 2008, 13 states already had minimum wage rates at or above $7.25 per hour. These states were therefore unaffected by the increase.
- ^ Congressional Research Service (March 2, 2023). "State Minimum Wages: An Overview". Chart on page 3.
- ^ FRED Graph. Using U.S. Department of Labor data. Federal Minimum Hourly Wage for Nonfarm Workers for the United States. Inflation adjusted (by FRED) via the Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL). Run cursor over graph to see nominal and real minimum wages pop up for specific months.
- ^ Pub. L. 110–28 (text) (PDF), Title VIII
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search