Bill > HB1928

This bill incrementally raises Virginia's minimum wage from its current levels to $15.00 per hour by January 1, 2027, with planned stepped increases over several years. Specifically, the bill establishes that employers must pay workers at least $12.41 per hour from January 1, 2025, then $13.50 per hour from January 1, 2026, and finally $15.00 per hour from January 1, 2027. After 2028, the Commissioner of Labor and Industry will be required to annually adjust the minimum wage based on the Consumer Price Index for All Urban Consumers (CPI-U), which measures changes in the prices paid by urban consumers for goods and services. The bill also updates language to use gender-neutral terms like "its" instead of "his" when referring to employers, and ensures that employers must always pay at least the higher of either the state minimum wage or the federal minimum wage. This legislation aims to provide workers with gradually increasing wages that better reflect the cost of living and help support economic stability for low-wage workers.

Budget and Finance, Business and Industry

https://lis.virginia.gov/bill-details/20251/HB1928