Washington (CNN) - The controversial "living wage" bill that retailer Wal-Mart has said would cause it to stop development projects in the nation's capital will go to District of Columbia Mayor Vincent Gray for consideration on Friday, a city council official told CNN Tuesday.
If signed, the bill, officially known as the Large Retailer Accountability Act, would require big retailers in the District of Columbia to pay a minimum wage of $12.50 - a 50% hike above the district's current minimum wage.
Wal-Mart has publicly opposed the bill's provisions and a spokesperson told CNN in July that if it were to become law, the company would halt construction on three of the six stores planned for the district.
Once the bill arrives on his desk, Gray will have 10 business days to either veto the bill, sign it into law or send it back to the district council, Denise Tolliver, chief of staff for DC Council Chairman Phil Mendelson told CNN.
When asked if the mayor plans to sign the act, Gray spokesman Matt Desjardins would only say he has not yet received the bill.
"The mayor still weighing all options and listening to members of the community," he told CNN.
The DC Council passed the Large Retailer Accountability Act by a vote of 8-5 on July 10th, but it had yet to move for signature. The bill will arrive in the mayor's office along with the district budget, according to Tolliver.