Increasing the Minimum Wage

• Housing and Urban Affairs
• 03/27/2023

This bill increases the minimum hourly wage to $15 per hour starting January 1, 2024. Beginning January 1, 2025 to and including January 1, 2033, the minimum hourly wage is increased by $1 per hour or by the increase in the cost of living, whichever is greater. On January 1, 2034 and every year thereafter, the minimum wage increases by the increase, if any, in the cost of living.