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NC S864

Bill

Official Source

Status

Introduced

5/10/2016

Primary Sponsor

Angela Bryant

Click for details

Origin

Senate

2015-2016 Session

AI Summary

  • Raises North Carolina's minimum wage to $12.00 per hour, effective January 1, 2017
  • Establishes automatic annual cost-of-living adjustments (COLA) beginning September 30, 2017, calculated using the Consumer Price Index for all urban consumers (CPI-U) for the preceding 12-month period
  • Adjusted minimum wage rates are published September 30 each year and take effect the following January 1
  • Appropriates $2,000,000 from the General Fund to the Reserve for Compensation Increases for fiscal year 2016-2017 to cover state employee pay adjustments required by the minimum wage increase

Legislative Description

Increase NC Minimum Wage/Set COLA

Last Action

Ref To Com On Ways & Means

5/11/2016

Committee Referrals

Ways & Means5/11/2016

Full Bill Text

No bill text available