; and (2) by adding at the end the following: An employer shall inform each employee of the right and exception provided under the preceding sentence. . (c) Scheduled repeal of separate minimum wage for tipped employees (1) Tipped employees Section 3(m) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 203(m) ), as amended by subsections (a) and (b), is further amended by striking the sentence beginning with In determining the wage an employer is required to pay a tipped employee, and all that follows through of this subsection. and inserting The wage required to be paid to a tipped employee shall be the wage set forth in section 6(a)(1). . (2) Publication of notice Section 6(i) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 206(i) ), as added by section 5, is amended by striking or in accordance with subparagraph (B) or (C) of section 3(m)(1) (as applicable), . (3) Effective date The amendments made by paragraphs (1) and (2) shall take effect on the date that is one day after the date on which the hourly wage under section 3(m)(1)(C) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 203(m)(1)(C) ), as amended by subsection (a), takes effect. 3038. Newly hired employees who are less than 20 years old (a) Base minimum wage for newly hired employees who are less than 20 years old Section 6(g)(1) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 206(g)(1) ) is amended by striking a wage which is not less than $4.25 an hour. and inserting the following: “a wage at a rate that is not less than— (A) for the 1-year period beginning on the effective date under section 7 of the Jobs and Justice Act of 2018 , $5.00 an hour; (B) for each succeeding 1-year period until the hourly wage under this paragraph equals the wage in effect under section 6(a)(1) for such period, an hourly wage equal to the amount determined under this paragraph for the preceding year, increased by the lesser of— (i) $1.05