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MO SB193
Bill
AI Summary
- Raises Missouri's state minimum wage from $6.50 to $10.00 per hour, effective January 1, 2016
- Requires employers to pay whichever rate is higher: the state minimum of $10.00 or the prevailing federal minimum wage for interstate commerce jobs
- Establishes annual cost-of-living adjustments beginning January 1, 2017, based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)
- Directs the director to calculate cost-of-living changes each September 30 by comparing July CPI-W figures year-over-year, with adjustments rounded to the nearest five cents
Legislative Description
Modifies the minimum wage laws
Last Action
Hearing Conducted S Small Business, Insurance and Industry Committee
3/17/2015
Committee Referrals
Small Business, Insurance And Industry1/29/2015
Full Bill Text
No bill text available