Bill > SB36

This bill aims to raise the minimum wage in New Mexico. It proposes the following key provisions: 1. Increasing the minimum wage to $8.45 per hour, with annual cost-of-living adjustments starting on January 1, 2018. Employers with 10 or fewer employees can pay a lower minimum wage of $7.50 per hour, also subject to annual adjustments. 2. Establishing a training wage of $7.50 per hour for trainee employees, which can be paid for the first 6 months of employment before the regular minimum wage must be paid. 3. Allowing local governments to enact minimum wages higher than the state's minimum wage, and prohibiting employers from lowering the hourly wage of existing employees. 4. Adjusting the minimum wage for tipped employees from $2.13 to $2.65 per hour, also subject to annual cost-of-living adjustments. The effective date of the provisions in this bill is July 1, 2017.

Government Affairs, Transportation and Infrastructure

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=36&year=17