Minimum wage; increases wage to $13.50 per hour effective January 1, 2025. (HB1)

Introduced By

Del. Jeion Ward (D-Hampton) with support from co-patrons Del. Cia Price (D-Newport News), Del. Marcus Simon (D-Falls Church), and Sen. Jeremy McPike (D-Dale City)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Minimum wage. Increases the minimum wage from the current rate of $12.00 per hour to $13.50 per hour effective January 1, 2025, and to $15.00 per hour effective January 1, 2026. The bill satisfies a reenactment clause included in Chapters 1204 and 1242 of the Acts of Assembly of 2020. This bill is identical to SB 1. Read the Bill »

Notes

According to the Fiscal Impact Statement, the estimated expenditure impact of this legislation is as follows: - In Central Appropriations, the costs for implementing the minimum wage increase are projected to be: - $3,080,887 in 2025 - $4,420,393 in 2026 - $11,382,699 in 2027 - $14,585,629 in 2028 - $23,767,067 in 2029 - $23,821,327 in 2030 - $29,263,326 in 2031 - $28,843,163 in 2032 - $34,946,342 in 2033 - $34,545,587 in 2034 - $40,863,105 in 2035 - $39,944,590 in 2036 - In the Department of Medical Assistance Services (DMAS), the estimated expenditure impact for personal care services is projected to be: - $4,832,365 in 2025 - $5,661,321 in 2026 - $59,021,897 in 2027 - $69,197,274 in 2028 - $147,375,636 in 2029 - $172,884,482 in 2030 - $199,987,492 in 2031 - $234,765,146 in 2032 - $256,524,991 in 2033 - $301,329,207 in 2034 - $311,895,003 in 2035 - $366,622,703 in 2036 - In the State Compensation Board, the estimated expenditure impact for constitutional offices is projected to be: - $185,234 in 2025 - $1,041,709 in 2026 - $1,869,169 in 2027 - $1,869,169 in 2028 - $1,869,169 in 2029 - $1,869,169 in 2030 Please note that these estimates are preliminary and may vary depending on additional information and factors.

Summary generated automatically by OpenAI.

Outcome

Bill Has Failed

History

DateAction
11/20/2023Committee
11/20/2023Prefiled and ordered printed; offered 01/10/24 24100469D
11/20/2023Referred to Committee on Labor and Commerce
01/18/2024Reported from Labor and Commerce (12-Y 10-N) (see vote tally)
01/18/2024Referred to Committee on Appropriations
01/21/2024Assigned App. sub: Commerce Agriculture & Natural Resources
01/23/2024Impact statement from DPB (HB1)
01/24/2024Subcommittee recommends reporting (5-Y 3-N)
01/29/2024Reported from Appropriations (11-Y 10-N) (see vote tally)
01/31/2024Read first time
02/01/2024Read second time and engrossed
02/02/2024Read third time and passed House (51-Y 49-N)
02/02/2024VOTE: Passage (51-Y 49-N) (see vote tally)
02/05/2024Constitutional reading dispensed
02/05/2024Referred to Committee on Commerce and Labor
02/19/2024Reported from Commerce and Labor (9-Y 5-N) (see vote tally)
02/19/2024Rereferred to Finance and Appropriations
02/21/2024Reported from Finance and Appropriations (10-Y 4-N) (see vote tally)
02/22/2024Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/23/2024Read third time
02/23/2024Passed Senate (21-Y 18-N) (see vote tally)
02/28/2024Enrolled
02/28/2024Bill text as passed House and Senate (HB1ER)
02/28/2024Signed by Speaker
03/01/2024Impact statement from DPB (HB1ER)
03/02/2024Signed by President
03/11/2024Enrolled Bill communicated to Governor on March 11, 2024
03/11/2024G Governor's Action Deadline 11:59 p.m., April 8, 2024
03/28/2024G Vetoed by Governor
04/17/2024House sustained Governor's veto

Duplicate Bills

The following bills are identical to this one: SB1.

Comments

BilltheThril writes:

The minimum wage is always eclipsed by inflation. A political stunt.
It alerts business to avoid certain states.

BilltheThril writes:

The minimum wage is always eclipsed by inflation. A political stunt at best. It alerts business to avoid certain states.

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