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H.R. 4306 (113th): FAIR Act

The text of the bill below is as of Mar 26, 2014 (Introduced).


I

113th CONGRESS

2d Session

H. R. 4306

IN THE HOUSE OF REPRESENTATIVES

March 26, 2014

(for himself, Mr. Moran, Mr. Cummings, Mr. Tierney, Mr. Cartwright, Ms. Michelle Lujan Grisham of New Mexico, Mr. Lynch, Mr. Ruppersberger, Ms. Norton, and Mr. Van Hollen) introduced the following bill; which was referred to the Committee on Oversight and Government Reform

A BILL

To increase the rates of pay under the General Schedule and for prevailing rate employees by 3.3 percent, and for other purposes.

1.

Short title

This Act may be cited as the Federal Adjustment of Income Rates Act of 2014 or the FAIR Act.

2.

Adjustment to rates of pay

(a)

General schedule

For calendar year 2015, the percentage adjustment under section 5303 of title 5, United States Code, in the rates of basic pay under the General Schedule shall be 3.3 percent. Any adjustment made by the President with respect to calendar year 2015 pursuant to such section shall have no force or effect.

(b)

Prevailing rate employees

Not­with­stand­ing the wage survey requirements under section 5343(b) of title 5, United States Code, for calendar year 2015, the rates of basic pay for prevailing rate employees in each wage area (as in effect on January 1, 2015 under section 5343(a) of such title) and the rates of basic pay under sections 5348 and 5349 of such title shall be increased by 3.3 percent. Any increase made by the President with respect to calendar year 2015 pursuant to section 5343(a), 5348, or 5349 of such title shall have no force or effect.