Living Wage For All Act

The Living Wage For All Act aims to raise the federal minimum wage to a living standard by establishing a tiered increase schedule that targets $25 per hour over five years for large corporations and twelve years for smaller employers. The bill defines large employers as those with at least $1 billion in annual revenue or 500 employees, requiring them to lead the transition while providing smaller businesses more time to adjust. It also phases out the separate, lower minimum wage for tipped employees and youth workers, eventually aligning all workers under the same rate, and gradually eliminates special minimum wage certificates for individuals with disabilities. Once the general minimum wage reaches $25 per hour, the law mandates that future adjustments be tied annually to the national median hourly wage to ensure the standard keeps pace with economic growth.