Bill > HB484

This bill revises Montana's minimum wage laws by increasing the state minimum wage from $6.15 to $12.06 per hour, removing the lower $4 minimum wage rate for smaller businesses with annual gross sales of $110,000 or less. The bill maintains the existing annual cost-of-living adjustment mechanism, which requires the state to calculate and update the minimum wage rate each September based on the Consumer Price Index (CPI) for urban consumers, with any changes rounded to the nearest 5 cents and implemented on the following January 1st. The new minimum wage rate will still exclude the value of tips and special training wage provisions, and will be set at the higher of either the state-specified rate or the federal Fair Labor Standards Act minimum wage. The changes will take effect on July 1, 2025, which means that businesses across Montana will be required to pay all employees at least $12.06 per hour, regardless of the business's size or annual gross sales, representing a significant increase in the state's wage floor to help support workers' economic well-being.

Business and Industry

https://bills.legmt.gov/#/laws/bill/2/LC1664