Living Wage For All Act

Key Points

• The bill raises the federal minimum wage to $25 per hour in stages. Large employers (500+ workers or $1 billion+ in revenue) must reach $25 by January 2031, while smaller businesses get a slower schedule reaching $25 by January 2038.
• Once the minimum wage reaches $25, it would be permanently tied to two-thirds of the national median hourly wage, automatically adjusting each year so it keeps pace with the economy and never falls behind again.
• The bill eliminates all subminimum wages, including separate lower rates for tipped workers, workers with disabilities, and employees under age 20. Each group would see gradual increases until they earn the same full minimum wage as other workers.
• Incarcerated workers in prisons and detention facilities would be covered by the minimum wage for the first time. The bill also bans facilities from deducting housing, food, or court-imposed fees from these workers' pay.
• The bill creates a two-track system where large corporations must raise wages faster than smaller businesses, giving small employers up to 7 extra years to reach the $25 target.