Synopsis As Introduced Amends the Minimum Wage Law. Provides for fewer limitations on the definition of "employee." Provides a procedure for increasing the minimum wage annually to restore the minimum wage to its historic level and thereafter increasing the minimum wage by the increase in the cost of living during the preceding year. Deletes language pertaining to temporary or irregular employees and employees under the age of 18. Provides for an increased amount of damages recoverable by an employee that is paid less than the wage to which he is entitled to under the Minimum Wage Law. Effective immediately.