Rhode Island 2023 Regular Session

Rhode Island Senate Bill S0827

Introduced
3/23/23  

Caption

Minimum Wages

Impact

If enacted, S0827 would have a significant impact on labor laws in Rhode Island, directly affecting wage rates for thousands of employees across various sectors. The proposed increase to a $15 minimum wage is positioned as a step towards addressing economic disparities and improving the standard of living for lower-wage workers. Additionally, the linkage of future raises to the CPI-U would help maintain wage competitiveness without requiring new legislation every time a wage adjustment is necessary.

Summary

Bill S0827 proposes amendments to the Rhode Island General Laws concerning minimum wages. Introduced by Senator Tiara T. Mack, this bill aims to raise the minimum wage in the state to $15.00 per hour by January 1, 2025. After this increase, it mandates that the minimum wage be adjusted annually based on the Consumer Price Index for all Urban Consumers (CPI-U) to keep pace with inflation. The goal of these provisions is to ensure that minimum wage workers can maintain their purchasing power amid rising living costs.

Contention

The discussions around S0827 have highlighted some points of contention among lawmakers and stakeholders. Proponents advocate for the need to support low-income workers and counter the rising costs of living, arguing that a higher minimum wage is necessary for economic fairness. However, opponents raise concerns regarding the potential financial strain on small businesses and the economy as a whole, suggesting that such a drastic wage increase could lead to job losses, reduced hours, or increased prices for consumers. This division reflects ongoing debates over the balance between fair wages and economic viability.

Companion Bills

No companion bills found.

Previously Filed As

RI H5588

Minimum Wages

RI H6078

Minimum Wages

RI S0138

Minimum Wages

RI S2240

Minimum Wages

RI S2241

Minimum Wages

RI H5928

Minimum Wages

RI H7765

Minimum Wages

RI H7579

Increases the state minimum wage by $1.25 per year from 2026 through 2029 when it would reach twenty dollars ($20.00) per hour and then provides for subsequent annual adjustments based on the Consumer Price Index.

RI SB525

Minimum wages: health care workers.

RI HB1549

Further providing for definitions, for minimum wages and for exemptions.

Similar Bills

No similar bills found.