BILL AS INTRODUCED S.67 2025 Page 1 of 2 VT LEG #379237 v.1 S.67 1 Introduced by Senators Clarkson, Gulick, Watson and White 2 Referred to Committee on 3 Date: 4 Subject: Labor; employment practices; minimum wages 5 Statement of purpose of bill as introduced: This bill proposes to increase the 6 minimum wage to the livable wage as established by the basic needs budget. 7 An act relating to increasing the State minimum wage based on the livable 8 wage 9 It is hereby enacted by the General Assembly of the State of Vermont: 10 Sec. 1. LEGISLATIVE INTENT 11 Consistent with the declaration of policy on minimum wages, set forth in 21 12 V.S.A. § 381, and to address ongoing concerns about affordability, it is the 13 General Assembly’s intent to raise the State minimum wage to the livable 14 wage as reported by the Joint Fiscal Office in January 2025. Future increases 15 to the minimum wage will continue to be determined as established by current 16 law. 17 Sec. 2. 21 V.S.A. § 383 is amended to read: 18 § 383. DEFINITIONS 19 As used in this subchapter: 20 BILL AS INTRODUCED S.67 2025 Page 2 of 2 VT LEG #379237 v.1 * * * 1 (5) “Livable wage” means the average of the urban and rural hourly 2 wage required for a full-time worker who lives in shared housing and has 3 employer-assisted health insurance to pay for the basic needs budget. 4 Sec. 3. 21 V.S.A. § 384 is amended to read: 5 § 384. EMPLOYMENT; WAGES 6 (a)(1) Beginning on January 1, 2022 2026, an employer shall not employ 7 any employee at a rate of less than $12.55, and on the livable wage of $18.60. 8 On each subsequent January 1, the minimum wage rate shall be increased by 9 five percent or the percentage increase of the Consumer Price Index, CPI-U, 10 U.S. city average, not seasonally adjusted, or successor index, as calculated by 11 the U.S. Department of Labor or successor agency for the 12 months preceding 12 the previous September 1, whichever is smaller, but in no event shall the 13 minimum wage be decreased. The minimum wage shall be rounded off to the 14 nearest $0.01. 15 * * * 16 Sec. 4. EFFECTIVE DATE 17 This act shall take effect on July 1, 2025. 18