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Bill > HB67


NM HB67

NM HB67
Increase Minimum Wage


summary

Introduced
01/17/2017
In Committee
01/19/2017
Crossed Over
Passed
Dead
03/18/2017

Introduced Session

2017 Regular Session

Bill Summary

AN ACT RELATING TO LABOR; INCREASING THE MINIMUM WAGE; REVISING THE MINIMUM WAGE FOR TIPPED EMPLOYEES; PROVIDING FOR AN ANNUAL COST-OF-LIVING INCREASE IN THE STATE MINIMUM WAGE RATE; PROVIDING LIMITATIONS.

AI Summary

This bill aims to increase the minimum wage in New Mexico. It gradually raises the minimum wage from $7.50 per hour to $10.10 per hour by 2020, and includes an annual cost-of-living increase starting in 2018. The bill also revises the minimum wage for tipped employees, setting it at 40% of the general minimum wage. The bill provides limitations on the maximum increase in the minimum wage per year and requires the Workforce Solutions Department to publish the adjusted minimum wage rates annually.

Committee Categories

Business and Industry, Labor and Employment

Sponsors (1)

Last Action

[LD 3] Referred to House Business & Industry (on 01/19/2017)

bill text


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