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HR.7480 · 119TH CONGRESS

FAIR Act

Status
In Committee
Latest Action
2026-02-10
Sponsor
Walkinshaw, James R. (D-Virginia)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
3
Full Text
1,847 chars
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2026-02-10
Referred to the House Committee on Oversight and Government Reform.
2026-02-10
Introduced in House
2026-02-10
Introduced in House

Frequently Asked Questions

Did HR.7480 pass?
HR.7480 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored HR.7480?
HR.7480 was sponsored by James R. Walkinshaw (D-Virginia).

Full Bill Text

119 HR 7480 IH: Federal Adjustment of Income Rates Act U.S. House of Representatives 2026-02-10 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 2d Session H. R. 7480 IN THE HOUSE OF REPRESENTATIVES February 10, 2026 Mr. Walkinshaw (for himself, Ms. Chu , Ms. Jayapal , Mr. Subramanyam , Ms. Norton , Mr. Lynch , Ms. Elfreth , Mr. Ivey , Ms. McClellan , Ms. Titus , Ms. DelBene , Ms. Budzinski , Mr. Beyer , Mr. Cleaver , Mr. Fitzpatrick , Mr. Hoyer , Ms. Omar , Ms. Simon , Ms. DeGette , and Mr. McGovern ) 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 statutory pay systems and for prevailing rate employees by 4.1 percent, and for other purposes. 1. Short title This Act may be cited as the Federal Adjustment of Income Rates Act or the FAIR Act . 2. Adjustment to rates of pay (a) Statutory pay systems For calendar year 2027, the percentage adjustment under section 5303 of title 5, United States Code, in the rates of basic pay under the statutory pay systems (as defined in section 5302 of title 5, United States Code) shall be 3.1 percent. (b) Prevailing rate employees Notwithstanding the wage survey requirements under section 5343(b) of title 5, United States Code, for fiscal year 2027, the rates of basic pay (as in effect on the last day of fiscal year 2026 under section 5343(a) of such title) for prevailing rate employees in each wage area and the rates of basic pay under sections 5348 and 5349 of such title shall be increased by 3.1 percent. 3. Adjustment to locality pay For calendar year 2027, the percentage adjustment under section 5304 of title 5, United States Code, shall be an increase of 1 percent.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-09-14. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]