; and (E) 115 percent, for a metropolitan statistical area or nonmetropolitan portion with a regional price parity of not less than 110. (3) In this subsection: (A) The term metropolitan statistical area means a geographic area, defined by the Office of Management and Budget for statistical purposes, containing a large population nucleus and adjacent communities having a high degree of social and economic integration with that nucleus. (B) The term nonmetropolitan portion means any county (or portion thereof) which is not within a metropolitan statistical area. All nonmetropolitan portions of a State shall be treated, in aggregate, as a single nonmetropolitan portion for the State. (C) The term regional price parity means the regional price parity for a metropolitan statistical area or nonmetropolitan portion determined by the Bureau of Economic Analysis of the Department of Commerce for the most recent year for which data are available. In determining regional price parities for purposes of this subsection, the Bureau of Economic Analysis shall use the same methodology used to determine such parities for the most recent year for which such parities were reported by the Bureau before the date of the enactment of this subsection. . 3. Minimum cash wage for tipped employees Clause (i) of section 3(m)(2)(A) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 203(m)(2)(A) ) is amended by striking the cash wage required to be paid such an employee on the date of the enactment of this paragraph and inserting an amount equal to 30 percent of the wage determined under section 6(a)(1) for the metropolitan statistical area or the nonmetropolitan portion in which the employer resides . 4. Minimum wage for newly hired employees who are 18 years old or younger Section 6(g) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 206(g) ) is amended— (1) in paragraph (1), by striking a wage which is not less than $4.25 an hour and inserting a wage which is not less than 2/3 of the wage determined under subsection (a)(1) for the