Bill

Bill > HB4075


MI HB4075

MI HB4075
Labor: hours and wages; minimum wage; modify. Amends sec. 4 of 2018 PA 337 (MCL 408.934).


summary

Introduced
02/12/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 2018 PA 337, entitled"Improved workforce opportunity wage act,"by amending section 4 (MCL 408.934).

AI Summary

This bill amends Michigan's minimum wage law by significantly updating the state's hourly wage rates from 2025 to 2030, gradually increasing the minimum wage from $12.48 in 2025 to $20.00 in 2030. The bill establishes a mechanism for annual inflation adjustments beginning in October 2030, where the state treasurer will calculate minimum wage increases based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), published by the Bureau of Labor Statistics. An important provision prevents the automatic wage increase if the state's unemployment rate reaches or exceeds 8.5% in the year preceding the proposed increase. The changes represent a more structured and predictable approach to minimum wage increases compared to the previous law, which had lower and less comprehensive wage rate increments. By providing a clear, multi-year schedule of wage increases, the bill aims to offer predictability for workers and employers while accounting for potential economic fluctuations through the unemployment rate safeguard.

Committee Categories

Business and Industry

Sponsors (9)

Last Action

Bill Electronically Reproduced 02/12/2025 (on 02/13/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...