H.R. 3662 (119th)Bill Overview

Labor Income Fairness and Transparency Act

Labor and Employment|Labor and Employment
Cosponsors
Support
Democratic
Introduced
May 29, 2025
Discussions
Bill Text
Current stageCommittee

Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case f…

Introduced
Committee
Floor
President
Law
Congressional Activities
01 · The brief

The LIFT Act raises the federal minimum wage in stages to $17.00 within 24 months, then indexes future increases to changes in the median hourly wage.

It phases out many subminimum wage provisions, raises base pay for tipped workers and prohibits employers from keeping tips, increases civil penalties, protects Wage and Hour investigators from RIFs, funds state enforcement grants, creates a hospitality advisory committee, and makes permanent and expands COVID-era Earned Income Tax Credit (EITC) improvements.

Passage25/100

Broad, costly, and ideologically charged labor reforms face significant legislative and stakeholder hurdles despite phased rollout.

CredibilityPartially aligned

Relative to its intended legislative type, this bill is a substantive statutory reform with well-specified legal mechanics for wage increases and indexing, and with added administrative and advisory elements. It is precise in statutory drafting and prescriptive about amounts and timing, but provides limited fiscal scaffolding and leaves certain implementation and transitional details to agency discretion.

Contention75/100

Liberals emphasize poverty reduction and worker rights benefits.

02 · What it does

Who stands to gain, and who may push back.

Who this appears to help vs burden50% / 50%
WorkersEmployers · Small businesses
Likely helped
  • WorkersRaises paychecks for millions of low-wage workers, increasing take-home earnings.
  • Targeted stakeholdersExpands EITC eligibility and credit amounts, boosting after-tax incomes for lower earners.
  • Targeted stakeholdersEliminates many subminimum wages and restricts tip retention, enhancing pay equity and transparency.
Likely burdened
  • EmployersHigher mandated wages may prompt some employers to reduce hiring, hours, or staff.
  • Small businessesSmall businesses, particularly in hospitality, could face materially higher labor costs.
  • EmployersEmployers may raise prices for goods and services to offset increased payroll expenses.
03 · Why people split

Why the argument around this bill splits.

Liberals emphasize poverty reduction and worker rights benefits.
Progressive90%

Strongly supportive: the bill raises worker pay, ends many subminimum wage exceptions, strengthens tipped-worker protections, and expands the EITC to help low-income households.

It also funds enforcement and creates advisory capacity for hospitality-sector worker issues.

Leans supportive
Centrist55%

Cautiously favorable but pragmatic: supports raising pay and EITC expansion, while seeking evidence on employment, inflation, and state-level impacts.

Prefers measured implementation, evaluation, and targeted supports for small employers.

Split reaction
Conservative15%

Generally opposed: views the bill as heavy-handed federal intervention raising labor costs, burdening small businesses, and expanding entitlement-like tax credits.

Concerned about job losses, price inflation, and reduced employer flexibility.

Likely resistant
04 · Can it pass?

The path through Congress.

Introduced

Reached or meaningfully advanced

Committee

Reached or meaningfully advanced

Floor

Still ahead

President

Still ahead

Law

Still ahead

Passage likelihood25/100

Broad, costly, and ideologically charged labor reforms face significant legislative and stakeholder hurdles despite phased rollout.

Scope and complexity
86%
Scopesweeping
86%
Complexityhigh
Why this could stall
  • No CBO score or fiscal estimate provided
  • Administrative capacity for indexing and enforcement
05 · Recent votes

Recent votes on the bill.

No vote history yet

The bill has not accumulated any surfaced votes yet.

06 · Go deeper

Go deeper than the headline read.

Included on this page

Liberals emphasize poverty reduction and worker rights benefits.

Broad, costly, and ideologically charged labor reforms face significant legislative and stakeholder hurdles despite phased rollout.

Unlocked analysis

Relative to its intended legislative type, this bill is a substantive statutory reform with well-specified legal mechanics for wage increases and indexing, and with added administrative and advisory elements. It is prec…

Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.

Perspective breakdownsPassage barriersLegislative design reviewStakeholder impact map
Open full analysis