FAIR Act

119 S3823 IS: Federal Adjustment of Income Rates Act U.S. Senate 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. II 119th CONGRESS 2d Session S. 3823 IN THE SENATE OF THE UNITED STATES February 10, 2026 Mr. Schatz (for himself, Ms. Alsobrooks , Mr. Padilla , Ms. Warren , Mr. Blumenthal , Mr. Van Hollen , Mr. Sanders , Ms. Hirono , Mr. Kaine , Mr. Warner , Mr. Schiff , and Mr. Wyden ) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs 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.