House Bill 740 Summary

• Establishes Mississippi state minimum wage at $15.00 per hour for most employees, effective July 1, 2025.

• Exempts tipped employees from the $15.00 minimum wage requirement, allowing employers to pay them $3.62 per hour instead.

• Requires overtime pay at 1.5 times the regular rate for employees earning $455.00 or less per week, and mandates overtime protections for manual laborers, law enforcement, and non-management employees regardless of salary.

• Prohibits local counties and municipalities from establishing their own minimum wage rates, living wage requirements, or mandatory paid leave policies to maintain uniform statewide wage standards.

• Brings forward nine existing Mississippi Code sections for possible amendment related to wage policies, election administration, school leave, and other employment matters.