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VT H0743

VT H0743
An act relating to increasing the State minimum wage based on the livable wage


summary

Introduced
01/22/2026
In Committee
01/22/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to increase the minimum wage to the livable wage as established by the basic needs budget.

AI Summary

This bill aims to increase Vermont's state minimum wage to a "livable wage," which is defined as the average hourly wage needed for a full-time worker to cover basic needs, assuming shared housing and employer-provided health insurance. Specifically, it amends existing law to set the minimum wage at $18.60, effective January 1, 2027, and will replace the previous minimum wage of $12.55 that was set to increase annually by a smaller of either 5% or the Consumer Price Index (CPI-U). The bill also clarifies that future increases to the minimum wage will continue to be determined by current law, and it will take effect on July 1, 2026.

Committee Categories

Housing and Urban Affairs

Sponsors (11)

Last Action

Read first time and referred to the Committee on General and Housing (on 01/22/2026)

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