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 worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis 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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