MN HF4050

Defines "large employer" as an enterprise with annual gross sales of at least $500,000 and "small employer" as an enterprise with less than $500,000 in annual gross sales, effective January 1, 2025.

Establishes separate minimum wage requirements for large and small employers, with large employers required to pay higher minimum wages than small employers.

Changes the annual minimum wage increase cap from 2.5 percent to 5 percent, rounded to the nearest cent, or the percentage calculated by the commissioner based on inflation, whichever is less.

Allows trainee election judges to be paid not less than two-thirds of the minimum wage for a large employer, rather than referencing a specific wage rate.

Directs the revisor to replace multiple statutory citations throughout Minnesota law to reference the new small employer definition in section 177.23, subdivision 13.