Bill

Bill > LD206


ME LD206

ME LD206
An Act to Protect Maine Businesses by Eliminating the Automatic Cost-of-living Adjustment to the Minimum Hourly Wage


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead
05/22/2025

Introduced Session

132nd Legislature

Bill Summary

This bill sets the minimum hourly wage at $14.65 and removes the annual cost-of- living adjustment. The minimum hourly wage as of January 1, 2025 pursuant to Initiated Bill 2015, chapter 2 is $14.65 per hour due to inflation adjustments. The bill also removes cross-references to the annual cost-of-living adjustment.

AI Summary

This bill aims to protect Maine businesses by eliminating the automatic annual cost-of-living adjustment to the minimum wage. Specifically, the bill sets the minimum hourly wage at a fixed rate of $14.65 per hour and removes the previous mechanism that allowed for annual increases based on the Consumer Price Index (CPI). The legislation makes several technical changes across different sections of Maine state law, including modifying references to minimum wage in education, tax, and labor statutes. Previously, the minimum wage was set to increase automatically each January 1st based on the CPI for Urban Wage Earners and Clerical Workers in the Northeast Region, with increases rounded to the nearest 5 cents. By removing this automatic adjustment, the bill effectively freezes the minimum wage at $14.65 and prevents future inflation-based increases without further legislative action. The bill affects various state regulations that reference minimum wage, ensuring consistency with the new fixed wage rate and removing cross-references to the former cost-of-living adjustment mechanism.

Committee Categories

Labor and Employment

Sponsors (6)

Last Action

Placed in the Legislative Files. (DEAD) (on 05/22/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...