; (B) $5.25 per hour, beginning on the date that is 1 year after such effective date; (C) $5.75 per hour, beginning on the date that is 2 years after such effective date; (D) $6.00 per hour, beginning on the date that is 3 years after such effective date; and (E) beginning on the date that is 5 years after such effective date, and every 2 years thereafter, the youth minimum wage rate amount determined by the Secretary for purposes of this subsection under subsection (h). . (c) Determination based on increase in the Consumer Price Index Section 6 of the Fair Labor Standards Act of 1938, as amended by subsections (a) and (b), is further amended by adding at the end the following: (h) (1) Not later than the date that is 1 year before a new minimum wage rate under subsection (a)(1)(F) and new youth minimum wage rate under subsection (g)(1)(E) are to take effect for a 2-year period, the Secretary shall determine the minimum wage rate and youth minimum wage rate to be in effect pursuant to this subsection. The minimum wage rate or youth minimum wage rate determined pursuant to this subsection shall be— (A) not less than the amount in effect under subsection (a)(1) or subsection (g)(1), respectively, on the date of such determination; (B) increased from such amount by the percentage increase in the Chained Consumer Price Index for All Urban Consumers (as published by the Bureau of Labor Statistics of the Department of Labor) for the preceding 2 years, as calculated in accordance with paragraph (2)