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VA SB1

VA SB1
Minimum wage; increases incrementally to $15.00 per hour by January 1, 2028.


summary

Introduced
11/17/2025
In Committee
02/24/2026
Crossed Over
02/13/2026
Passed
03/04/2026
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Minimum wage. Increases the minimum wage incrementally to $15.00 per hour by January 1, 2028. The bill codifies the adjusted state hourly minimum wage of $12.77 per hour that is effective January 1, 2026, and increases the minimum wage to $13.75 per hour effective January 1, 2027, and to $15.00 per hour effective January 1, 2028. Effective January 1, 2029, and annually thereafter, the bill requires the minimum wage to be adjusted to reflect increases in the consumer price index. This bill is identical to HB 1.

AI Summary

This bill incrementally increases the minimum wage in Virginia, aiming for a $15.00 per hour rate by January 1, 2028. It establishes specific minimum wage rates for different periods, starting with $12.77 per hour on January 1, 2026, then increasing to $13.75 per hour on January 1, 2027, and finally reaching $15.00 per hour on January 1, 2028. After January 1, 2029, the bill mandates that the minimum wage will be adjusted annually to reflect changes in the consumer price index, a common measure of inflation, ensuring the purchasing power of the minimum wage is maintained over time. The "federal minimum wage" refers to the minimum wage set by the U.S. government, and the bill ensures that employers must pay at least the higher of the state-mandated minimum wage or the federal minimum wage.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (22)

Last Action

Fiscal Impact Statement from Department of Planning and Budget (SB1) (on 03/05/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB1
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB1) https://lis.blob.core.windows.net/files/1196380.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB1/text/SB1ER
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB1) https://lis.blob.core.windows.net/files/1095231.PDF
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB1) https://lis.blob.core.windows.net/files/1092388.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB1/text/SB1
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