SB 407 - Beck, Doug
Increases the minimum wage rate to $15.00 per hour by 2026
Bill Details
Sponsor
LR Number
1941S.01I
Title
SB 407
House Handler
N/A
Journal Page
Effective Date
August 28, 2021
Committee
Current Status
Second Read and Referred S Small Business and Industry Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 407 - Under current law, the minimum wage rate is set to increase by $.85 every year until it reaches $12.00 per hour in 2023. This act would increase the minimum wage rate by $1.00 every year beginning in 2024, until the minimum wage rate reaches $15.00 per hour. The minimum wage rate would thereafter be increased or decreased every year based on the increase or decrease in the Consumer Price Index.
This act is identical to HB 979 (2021) and HB 1051 (2021).
SCOTT SVAGERA