Commencing January 1, 2025, this act would increase the minimum wage for employees receiving gratuities from the current $3.89 to $6.75 per hour.
Commencing 1/1/25, gradually increases the minimum wage for employees receiving gratuities from the current ($3.89) to ($14.95) by 1/1/29 and on 1/1/30 the minimum wage shall be no less than the minimum wage established by the minimum wage law.
Repeals the law that allowed employers to pay some of their minor employees and employees who are full time students and not attained the age of nineteen (19), less than minimum hourly wages, requiring them to be paid a minimum hourly wage.
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.
Sets the minimum wage for 2025 at seventeen dollars ($17.00) per hour and for 2026 at twenty dollars ($20.00) per hour.
Mandates that the work week be reduced to thirty-two hours and rate of pay for a thirty-two (32) hour workweek would remain the same as the rate of pay for forty hours.