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Minimum Wage Requirements; Provides that employer is not subject to state minimum wage requirements for specified employees; prohibits certain work-based learning opportunities from lasting longer than specified amount of time; authorizes employees to voluntarily opt out of state minimum wage requirements by signing waiver; prohibits employer from coercing employee into opting out of state minimum wage; provides requirements in order for waiver to be effective for minor employee; requires employers to pay employee at or above federal minimum wage; provides that employee's waiver to opt out of state minimum wage is only valid for specified timeframe.