Legislation Search

H.R. 2743: Raise the Wage Act of 2025

This bill, known as the Raise the Wage Act of 2025, proposes significant changes to the federal minimum wage and employment regulations in the United States. The key provisions of the bill include:

Minimum Wage Increases

The federal minimum wage would increase incrementally to $17.00 per hour over five years, starting from $9.50 an hour. The schedule is as follows:

$9.50 starting on the effective date
$11.00 one year later
$12.50 two years later
$14.00 three years later
$15.50 four years later
$17.00 five years later

Additionally, after five years, the minimum wage would be adjusted annually based on increases in the median wage for all employees, as calculated by the Bureau of Labor Statistics.

Tipped Employees

Minimum wage for tipped employees would also increase incrementally over six years, reaching $17.00 per hour as well. The scheduled increases are:

$6.00 starting on the effective date
$8.00 one year later
$10.00 two years later
$12.00 three years later
$13.50 four years later
$15.00 five years later
$17.00 six years later

The bill mandates that employees retain all tips received, and employers must inform employees of their rights regarding tips.
The separate minimum wage structure for tipped employees would eventually be repealed, aligning their pay with the standard minimum wage.

Newly Hired Employees Aged Under 20

The bill also addresses wages for newly hired employees who are less than 20 years old. The minimum wage for these employees would similarly be increased, starting at $6.00 and eventually matching the standard minimum wage.
The current provision allowing a lower wage for this demographic would be repealed, ensuring that all employees earn the same minimum wage.

Individuals with Disabilities

For individuals with disabilities, the bill mandates a transition to fair wages. The minimum wage for these individuals would gradually increase from $5.00 to match the standard minimum wage over the same five-year period.
The bill prohibits the issuance of new special certificates that allow paying less than the minimum wage to individuals with disabilities, thereby promoting equal pay.

Publication of Wage Adjustments

The Secretary of Labor would be required to publish notices about upcoming wage increases, ensuring transparency and public awareness.

General Effective Date

The bill’s provisions would generally take effect three months after its enactment, with specific provisions having their own designated effective dates.

Relevant Companies

MCD - McDonald's Corporation: As a major employer in the fast-food industry with a significant number of low-wage workers, McDonald's could see an increase in labor costs associated with the rise in minimum wage.
DCRD - Darden Restaurants, Inc.: Darden, which operates several casual dining restaurant brands, may face higher labor expenses leading to changes in pricing or business strategies.
SBUX - Starbucks Corporation: This company also employs many workers at or around the minimum wage and would need to adjust its salaries accordingly, which may impact its overall cost structure.

This is an AI-generated summary of the bill text. There may be mistakes.

Actions

2 actions

Date	Action
Apr. 08, 2025	Introduced in House
Apr. 08, 2025	Referred to the House Committee on Education and Workforce.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction

Politician	Stock	Transaction	Filed	Traded
George Whitesides D / House	MCD STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. C��: TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST WITH MY FUTURE CONGRESSIONAL WORK, I’M TRANSITIONING MY SINGLE STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. MCDONALD'S CORPORATION COMMON STOCK	Sale $100,001 - $250,000	Apr 23, 2025	Mar 24, 2025	+8.02%
Susie Lee D / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $15,001 - $50,000	Apr 11, 2025	Mar 14, 2025	-12.38%
Jefferson Shreve R / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $15,001 - $50,000	Apr 11, 2025	Mar 05, 2025	+8.67%
Bruce Westerman R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Purchase $1,001 - $15,000	Apr 16, 2025	Mar 03, 2025	-21.64%
Jared Moskowitz D / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Dec 09, 2024	Nov 08, 2024	+13.92%
Tommy Tuberville R / Senate	MCD McDonald's Corporation Common Stock	Sale (Full) $15,001 - $50,000	Nov 15, 2024	Oct 29, 2024	+12.73%
Kevin Hern R / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $100,001 - $250,000	Nov 15, 2024	Oct 29, 2024	+12.73%
Sheldon Whitehouse D / Senate	SBUX Starbucks Corp	Sale (Partial) $1,001 - $15,000	Nov 07, 2024	Oct 29, 2024	-8.58%
Sheldon Whitehouse D / Senate	SBUX Starbucks Corp	Sale (Partial) $1,001 - $15,000	Nov 07, 2024	Oct 29, 2024	-8.58%
Josh Gottheimer D / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Oct 03, 2024	Sep 10, 2024	+8.39%
John James R / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Sale $1,001 - $15,000	Sep 06, 2024	Sep 04, 2024	+10.01%
Markwayne Mullin R / Senate	SBUX Starbucks Corp	Sale (Partial) $15,001 - $50,000	Sep 19, 2024	Aug 20, 2024	-8.45%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $1,001 - $15,000	Aug 20, 2024	Aug 14, 2024	-12.01%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $1,001 - $15,000	Aug 20, 2024	Aug 14, 2024	-12.01%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $1,001 - $15,000	Aug 20, 2024	Aug 14, 2024	-12.01%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $100,001 - $250,000	Aug 20, 2024	Aug 14, 2024	-12.01%
Josh Gottheimer D / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Purchase $1,001 - $15,000	Sep 11, 2024	Aug 14, 2024	-12.01%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $1,001 - $15,000	Sep 04, 2024	Aug 09, 2024	+8.29%
Scott Franklin R / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Aug 20, 2024	Aug 07, 2024	+11.40%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Purchase $15,001 - $50,000	Aug 20, 2024	Aug 07, 2024	+5.13%
Scott Franklin R / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Aug 20, 2024	Aug 02, 2024	+11.17%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Purchase $1,001 - $15,000	Aug 20, 2024	Aug 02, 2024	+7.14%
Josh Gottheimer D / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Aug 15, 2024	Jul 09, 2024	+29.79%
Sheldon Whitehouse D / Senate	MCD McDonald's Corp	Sale (Full) $1,001 - $15,000	Aug 21, 2024	Jul 03, 2024	+26.83%
Josh Gottheimer D / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $1,001 - $15,000	Jul 09, 2024	Jun 18, 2024	+4.14%
Rick W. Allen R / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Sale $15,001 - $50,000	Jun 21, 2024	May 20, 2024	+4.20%
Thomas R. Carper D / Senate	SBUX Starbucks Corp	Sale (Full) $1,001 - $15,000	Jun 03, 2024	May 09, 2024	+4.90%
Shelley Moore Capito R / Senate	SBUX Starbucks Corp	Purchase $15,001 - $50,000	Mar 15, 2024	Feb 23, 2024	-20.78%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Feb 06, 2024	Jan 23, 2024	-22.45%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Feb 06, 2024	Jan 23, 2024	-22.45%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION	Sale $15,001 - $50,000	Feb 06, 2024	Jan 23, 2024	-22.45%
Thomas R. Carper D / Senate	SBUX Starbucks Corp	Purchase $1,001 - $15,000	Feb 02, 2024	Jan 17, 2024	-25.27%
Jared Moskowitz D / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Aug 21, 2024	Dec 28, 2023	-8.49%
Thomas R. Carper D / Senate	SBUX Starbucks Corp	Purchase $1,001 - $15,000	Jan 03, 2024	Dec 11, 2023	-33.79%
John R. Curtis R / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Dec 15, 2023	Dec 04, 2023	-34.71%
Pete Sessions R / House	MCD MCDONALD'S CORPORATION	Sale $100,001	Nov 07, 2023	Oct 31, 2023	-10.93%
Greg Stanton D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Nov 09, 2023	Oct 24, 2023	-41.46%
Greg Stanton D / House	MCD MCDONALD'S CORPORATION	Sale $1,001 - $15,000	Nov 09, 2023	Oct 24, 2023	-6.92%
Josh Gottheimer D / House	SBUX STARBUCKS CORPORATION	Purchase $1,001 - $15,000	Nov 11, 2023	Oct 16, 2023	-36.85%
Markwayne Mullin R / Senate	SBUX Starbucks Corporation - Common Stock	Purchase $1,001 - $15,000	Nov 01, 2023	Oct 03, 2023	-36.98%
Greg Stanton D / House	SBUX STARBUCKS CORPORATION	Purchase $1,001 - $15,000	Nov 09, 2023	Sep 26, 2023	-37.76%
Greg Stanton D / House	MCD MCDONALD'S CORPORATION	Purchase $1,001 - $15,000	Nov 09, 2023	Sep 26, 2023	-10.55%
Pete Ricketts R / Senate	MCD McDonald's Corp	Sale (Full) $100,001 - $250,000	Oct 20, 2023	Sep 21, 2023	-10.41%
Josh Gottheimer D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Oct 15, 2023	Sep 15, 2023	-36.73%
Markwayne Mullin R / Senate	SBUX Starbucks Corporation - Common Stock	Purchase $15,001 - $50,000	Oct 12, 2023	Sep 13, 2023	-36.87%
Scott Franklin R / House	SBUX STARBUCKS CORPORATION	Sale $15,001 - $50,000	Oct 12, 2023	Sep 11, 2023	-35.22%
Scott Franklin R / House	MCD MCDONALD'S CORPORATION	Sale $15,001 - $50,000	Oct 12, 2023	Sep 11, 2023	-9.60%
Michael Guest R / House	MCD MCDONALD'S CORPORATION	Purchase $1,001 - $15,000	Aug 23, 2023	Aug 07, 2023	-13.53%
Josh Gottheimer D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Aug 21, 2023	Jul 18, 2023	-38.09%
Jared Moskowitz D / House	MCD MCDONALD'S CORPORATION COMMON STOCK	Purchase $1,001 - $15,000	Aug 21, 2024	Jul 14, 2023	-15.22%
Jared Moskowitz D / House	SBUX STARBUCKS CORPORATION - COMMON STOCK	Purchase $1,001 - $15,000	Aug 21, 2024	Jul 14, 2023	-40.13%
Zoe Lofgren D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	Jun 06, 2023	May 25, 2023	-47.73%
Zoe Lofgren D / House	MCD MCDONALD'S CORPORATION	Sale $1,001 - $15,000	Jun 06, 2023	May 25, 2023	-21.93%
Josh Gottheimer D / House	SBUX STARBUCKS CORPORATION	Purchase $1,001 - $15,000	Jun 11, 2023	May 08, 2023	-55.27%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	May 19, 2023	Apr 28, 2023	-59.14%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	May 19, 2023	Apr 28, 2023	-59.14%
Kathy E. Manning D / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	May 19, 2023	Apr 28, 2023	-59.14%
John R. Curtis R / House	SBUX STARBUCKS CORPORATION	Sale $1,001 - $15,000	May 10, 2023	Apr 26, 2023	-61.07%