I believe the federal minimum wage bill passed in the House and in the Senate. When will it become a law?

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I believe the federal minimum wage bill passed in the House and in the Senate. When will it become a law?

2007-02-15 06:45:38 · 2 answers · asked by Geronimo5 3 in Business & Finance ➔ Personal Finance

I read that it did pass in the Senate, but they tacked on some other bill that the House didn't like,and the president wants them to come to some agreement.

2007-02-15 06:57:37 · update #1

2 answers

Hasn't passed the senate

2007-02-15 06:48:29 · answer #1 · answered by Sarge1572 5 · 0⤊ 0⤋

It already has become a law as of January 1, 2007. At least thats when Ohio's law went into effect. Each year the minimum wage will increase by the rate of inflation for the prior 12 months. If the rate of inflation is 6% in 2007, for example, the minimum wage will increase to $7.26 in 2008.

2007-02-15 14:52:42 · answer #2 · answered by signaltree 3 · 0⤊ 0⤋