This bill amends the current law regarding minimum wages. It increases the minimum wage for the years 2025, 2026, 2027, and 2028 to fifteen dollars and fifty cents ($15.50), seventeen dollars ($17.00), eighteen dollars and fifty cents ($18.50), and twenty dollars ($20.00) per hour, respectively. The bill also includes a provision that starting in 2029, the minimum wage will be adjusted annually based on the increase in the cost of living. The bill will take effect upon passage.

Statutes affected:
6078: 28-12-3