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Bill > HB546


MO HB546

MO HB546
Establishes the "Entrepreneur Rights Act", exempting certain businesses from minimum wage increases and paid sick leave provisions


summary

Introduced
01/08/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead
05/16/2025

Introduced Session

2025 Regular Session

Bill Summary

Establishes the "Entrepreneur Rights Act", exempting certain businesses from minimum wage increases and paid sick leave provisions

AI Summary

This bill establishes the "Entrepreneur Rights Act", which creates exemptions for small businesses and seasonal businesses from certain minimum wage increases and paid sick leave provisions. Specifically, the bill defines a "small business" as an independently owned and operated business with 50 or fewer employees that is headquartered in Missouri, and a "seasonal business" as an employer that operates primarily during a specific seasonal period of 26 weeks or less per year. Beginning January 1, 2025, small businesses and seasonal businesses will be exempt from the new minimum wage increases (which would otherwise raise the minimum wage to $13.75 in 2025 and $15.00 in 2026) and paid sick leave requirements. Instead, these businesses will continue to use the minimum wage rate in effect on December 31, 2024. The exemption applies only to future compensation and is not retroactive. The Missouri Department of Labor is authorized to create rules and regulations to implement these provisions, with the bill emphasizing that the exemptions are designed to protect smaller and seasonal entrepreneurs from potentially burdensome wage and benefits mandates.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Fiscal Oversight Hearing (15:15:00 4/7/2025 SCR 2 - 1st Floor) (on 04/07/2025)

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