Lawmakers in California are considering implementing a 4-day workweek for large companies.

California legislators have introduced a new bill known as AB 2932 that would reduce the workweek from 40 hours to 32 hours — from five days to four days — for large companies with more than 500 employees. Any employee who works more than 32 hours would be paid time and a half. Employees would also be paid at the same rate as the original 40 hours, so it would give them a boost in their hourly pay.

The California State Assembly’s Labor and Employment Committee is supposed to make a decision on whether or not the legislation can continue, and it has to pass and then be signed into law before it would go into effect. If it does, the law would impact more than 2,600 businesses in the state.