Bill > HB349

This bill proposes several changes to Kentucky's wage laws, primarily focusing on increasing the minimum wage and adjusting exemptions. It raises the threshold for certain retail and service industry employers to be exempt from minimum wage requirements, increasing the average annual gross volume of sales from $95,000 to $500,000 over the preceding five years. The bill also incrementally raises the state's minimum wage for hourly and tipped employees over several years, with specific increases scheduled from the effective date of the Act through July 1, 2031, and includes a provision for future adjustments based on the Consumer Price Index. Importantly, it mandates that if the federal minimum wage increases beyond the new state minimum wage, the state rate will automatically match the federal rate, and it explicitly allows local governments to establish their own minimum wage ordinances that exceed the state minimum wage, preventing the state from preempting these local ordinances.

Business and Industry

https://apps.legislature.ky.gov/record/26RS/hb349.html