S 4981 · 119th CongressIn Committeecongress.gov ↗

A bill to place Federal minimum wage on a durable path toward a living wage aligned with the national median wage, to require large, highly profitable corporations to lead the transition, to end all subminimum wages, and for other purposes.

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to concern raising the federal minimum wage over time so that it moves closer to a living wage based on what the typical American worker earns. It would require large, highly profitable companies to make this change first and would get rid of all wages that are currently allowed to be set below the minimum wage. No official summary is available for this bill.

Introduced

July 14, 2026

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