Loading chat...
MI HB5867
Bill
Status
6/18/2020
Primary Sponsor
Abdullah Hammoud
Click for details
AI Summary
-
Requires businesses receiving loans, grants, or other assistance from the Michigan Strategic Fund to pay employees at least $15.00 per hour (or salary equivalent) beginning October 1, 2020.
-
Exempts businesses with fewer than 50 employees from the $15.00 minimum wage requirement.
-
Exempts businesses receiving $1,000,000 or less in total funding from the Michigan Strategic Fund from the wage requirement.
-
Applies to all programs or activities under chapter 8 or projects under the Michigan Strategic Fund Act.
Legislative Description
Economic development: Michigan strategic fund; employee compensation rate for companies receiving funds under the Michigan strategic fund; establish. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 16.
Labor: fair employment practices
Last Action
Bill Electronically Reproduced 06/18/2020
6/23/2020