Federal Living Wage Responsibility Act

[AI summary unavailable — showing source text] Federal Living Wage Responsibility Act - Requires any employer under a Federal contract or subcontract of $10,000 or more to pay each employee working on or hired in conjunction with such contract or subcontract the greater of: (1) $7.50 an hour; or (2) an hourly wage necessary for such employee to earn, while working 40 hours a week on a full-time basis, the amount of the Federal poverty level for a family of four. Exempts employers that are: (1) small business concerns; or (2) nonprofit, tax-exempt organizations, if the ratio of the total compensation of the chief executive officer to that of the full-time equivalent of their lowest-paid employee is not greater than 25 to 1. Makes ineligible for such required living wage level any employee participating in: (1) an apprenticeship program; or (2) any other training program, which is not longer than six months and is offered to an employee while employed in productive work, that provides training, technical and other related skills, and personal skills essential to full and adequate job performance. Prohibits employers from avoiding paying the required living wage by laying off or otherwise terminating an employee with the intention…