HB715--MINIMUMWAGE SPONSOR: Wolfin Thisbillrepealstheincreaseintheminimumwagerate. Currently,theminimumwagerateis$13.75perhourandthereisan increaseinthehourlyrateeachyearof$1.25to$15.00perhour beginningonJanuary1,2026.Underthebill,theminimumwage ratesthatexistedasofDecember31,2024wouldapply,whichmeans theminimumwageratewouldbe$12.00perhour.Successive increasesintheminimumwageratewouldbeadjustedbasedonthe costofliving,asreflectedintheConsumerPriceIndexforUrban WageEarnersandClericalWorkerspublishedbytheU.S.Department ofLabor. Further,thisbillrepealsthelawsrelatingtopaidsickleave.