HI SB2129

Requires the Department of Business, Economic Development, and Tourism's research and economic analysis division to study the impacts of minimum wage increases implemented under Act 114 (Session Laws of Hawaii 2022) on Hawaii businesses and employers.

Study must examine the number of businesses subject to state wage laws that were impacted by minimum wage increases, including those that closed or shut down due to increased labor costs.

Requires comparative research on other states with higher minimum wage rates than Hawaii and the impacts on their businesses and employers.

Division must submit findings, recommendations, and any proposed legislation to the legislature by December 31, 2027.

Appropriates an unspecified amount from general revenues for fiscal year 2026-2027 to conduct the study, with an effective date of July 1, 2050.