CT SB00531

Imposes a quarterly fee on "covered employers" with 500+ employees in Connecticut who pay employees $15/hour or less, effective quarter ending March 31, 2019.

Calculates fee by multiplying the fee rate by hours worked, with fee rate ranging from $0.10 to $1.00 per hour based on number of employees exceeding 500.

Applies to employers and franchisors whose franchisees collectively employ 500+ workers; excludes private nonprofits and state agencies.

Requires Labor Commissioner to adopt regulations by October 1, 2018, and automatically adjusts the $15/hour wage threshold annually beginning January 1, 2023 based on consumer price index.

Deposits collected fees into General Fund for labor commissioner administration or appropriation to workforce recruitment, retention, and professional development.