SMALL BUSINESS NEWS

11 May 2015

 

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More Minimum Wage Increase Could Be Coming to California

Small businesses in California could be seeing more increases in the minimum wage.

Lawmakers in California plan to increase the minimum wage even further.  A bill (SB 3) currently making it’s way through the state legislature would increase the minimum wage, on and after January 1,2016, to not less than $11 per hour, and  on and after July 1, 2017, to not less than $13 per hour.

The bill would require, commencing January 1,2019,  the annual automatic adjustment of the minimum wage  to maintain employee purchasing power diminished by the rate of inflation during the previous year. The adjustment would be calculated using the California Consumer Price Index.

The state minimum wage is already set to increase to $10.00 on January 1, 2016 under current law. 

Another bill (SB-935) was also introduced in 2014 to increase the minimum wage beyond $10.00.  That bill is also making its way through the California legislature.

Track the progress of these bills here:  SB 3; SB-935.

 

Sources:
SB-935
SB 3


By Jack River

 

 

 

 

 

 

 

 

 

 
 

 

  
 

     

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