This bill seeks to address widespread wage theft, which costs workers billions annually and disproportionately affects vulnerable populations. It aims to strengthen protections for employees by amending the Fair Labor Standards Act of 1938 (FLSA) and the Portal-to-Portal Act of 1947. The legislation focuses on preventing wage theft, facilitating the recovery of stolen wages, and enhancing enforcement of wage and hour laws. Key provisions include new requirements for employers to provide employees with initial disclosures of pay rates and exemption classifications, as well as modification disclosures when this information changes. Employers must also furnish detailed paystubs for each pay period, outlining hours worked, wages, deductions, and other compensation. Furthermore, the bill mandates that employers provide final payments , including all compensation and benefits, within 14 days of an employee's termination or by the next regular payday, whichever is earlier, with penalties for non-compliance. The bill establishes a clear right to full compensation , requiring employers to pay the higher rate if an employment contract specifies one above the FLSA minimum. It significantly increases liquidated damages for wage violations, allowing employees to recover up to three times lost wages in certain cases, and prohibits the waiver of the right to bring collective actions in court, including through predispute arbitration agreements. Civil fines for wage and recordkeeping violations are substantially raised, with initial violations incurring fines up to $25,150 per employee and willful violations up to $250,150 per employee. Criminal penalties for willful violations, including falsifying records, are also increased and mandate referral to the Department of Justice. To improve wage recovery, the bill extends the statute of limitations for wage claims from two to four years, and for willful violations from three to five years. It also introduces a provision to toll the statute of limitations during Department of Labor investigations. Employers are now required to provide employees with copies of their payroll records for up to five years upon request, and a rebuttable presumption is established in favor of employee testimony if employers fail to maintain complete records. Finally, the legislation establishes a Wage Theft Prevention and Wage Recovery Grant Program , administered by the Secretary of Labor. This program will provide grants to eligible entities, such as nonprofit organizations and community partners, to support activities that enhance enforcement and compliance. These activities include educating employees and employers, assisting in filing claims, collecting evidence, monitoring compliance, and fostering community partnerships to prevent and reduce wage and hour violations. The bill authorizes appropriations for this grant program through fiscal year 2030.