summary
Introduced
01/17/2023
01/17/2023
In Committee
01/26/2023
01/26/2023
Crossed Over
Passed
Dead
03/18/2023
03/18/2023
Introduced Session
2023 Regular Session
Bill Summary
State Minimum Wage Cost-of-living Increase
AI Summary
This bill proposes to amend New Mexico's minimum wage law to establish a minimum wage of $12.00 per hour as of July 1, 2023, and to automatically increase the minimum wage annually on July 1 based on the increase in the consumer price index (CPI) for the previous calendar year. The bill also adjusts the minimum wage for tipped employees to be 25% of the prevailing hourly minimum wage rate, with the employer's cash wage and tips combined required to meet the overall minimum wage. The effective date of the bill is July 1, 2023.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
House Commerce & Economic Development Committee (13:30:00 2/13/2023 Room 317) (on 02/13/2023)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=28&year=23 |
| BillText | https://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0028.pdf |
Loading...