HI HB1533

Repeals the scheduled minimum wage increase from $16.00 to $18.00 per hour that was set to take effect on January 1, 2028, keeping the minimum wage at $16.00.

Cancels the planned tip credit increase from $1.25 to $1.50 per hour that was scheduled for January 1, 2028.

Cites concerns that additional wage increases could harm small businesses operating on slim profit margins, potentially leading to reduced hours, job cuts, or closures.

Justifies the repeal based on Hawaii's high cost of living, arguing that higher labor costs could trigger price increases that offset wage gains for workers.

Takes effect immediately upon approval.