Section 1 Short title
This Act may be cited as the “Northern Mariana Islands Wage and Economic Stability Act”.
Northern Mariana Islands Wage and Economic Stability Act
A BILL
To amend the Fair Labor Standards Act of 1938 to provide for wage and economic stabilization in the Commonwealth of the Northern Mariana Islands, and for other purposes.
Sec. 2 Wage and economic stabilization in the Commonwealth of the Northern Mariana Islands
Section 6 of the Fair Labor Standards Act of 1938 (29 U.S.C. 206) is amended by adding at the end the following:
“(h) In the case of any provision of law enacted during the 10-year period beginning with 2021 that provides for an increase in the minimum wage rate set forth under subsection (a)(1) or (g)(1) of this section, section 3(m)(2)(A)(i), or section 14(c)(1)(A), such increase shall be applied with respect to employers in the Commonwealth of the Northern Mariana Islands beginning on the date that is 18 months later than the date on which such provision of law otherwise takes effect.”
Sec. 3 GAO report
Not later than 1 year after the date of enactment of this Act, the Comptroller General shall submit to the Education and Labor Committee of the House of Representatives, the Natural Resources Committee of the House of Representatives, the Committee on Health, Education, Labor, and Pensions of the Senate and the Committee on Energy and Natural Resources of the Senate a report that, with respect to the Commonwealth of the Northern Mariana Islands—
assesses the status and structure of the economy (including employment, earnings and wages, and key industries); and
for each year during the 10-year period beginning with 2021 in which an increase will take effect in the minimum wage rate set forth under subsection a(1) or g(1) of section 6, section 3(m)(2)(A)(i), or section 14(c)(1)(A) of the Fair Labor Standards Act of 1938, estimates the proportion of employees who will be directly affected by each such wage increase taking effect for such year, disaggregated by industry and occupation.