HB1577--EMPLOYEECOMPENSATION SPONSOR: Cook Thisbillrepealstheincreaseintheminimumwagerate. Currently,theminimumwagerateis$13.75perhourwithan increaseinthehourlyrateeachyearof$1.25to$15.00perhour beginningonJanuary1,2026.Underthisbill,theminimumwage ratesthatexistedasofDecember31,2024,wouldapply,which meanstheminimumwageratewouldbe$12.00perhour.Successive increasesintheminimumwageratewouldbeadjustedbasedonthe costofliving,asreflectedintheConsumerPriceIndexforUrban WageEarnersandClericalWorkers,publishedbytheU.S.Department ofLabor. Further,thisbillrepealsthelawsrelatingtopaidsickleave. ThisbillisthesameasHB715(2025).