MN SF3947

Establishes "large employer" definition as enterprises with annual gross sales of at least $500,000 and "small employer" as those with less than $500,000, effective January 1, 2025.

Large employers must pay minimum wage of $8.00, $9.00, $9.50 per hour for specified dates through 2018, then adjusted annually by lesser of 2.5 or 5 percent inflation increase (changed from 2.5 percent cap).

Small employers must pay lower minimum wage rates of $6.50, $7.25, $7.75 per hour through 2018, then adjusted annually under same inflation formula.

Commissioner may delay annual minimum wage increases by September 30 if economic indicators suggest substantial state economic downturn, and may make supplemental increases in subsequent years to recover delayed amounts.

Trainee election judges (ages 16-17) may be paid two-thirds of large employer minimum wage instead of full minimum wage, effective January 1, 2025.