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NY S09085
Bill
Status
Introduced
11/9/2020
Primary Sponsor
Jessica Ramos
Click for details
AI Summary
- Establishes annual automatic minimum wage increases every December 31st for New York City large employers (11+ employees), New York City small employers (10 or fewer employees), and downstate counties (Nassau, Suffolk, Westchester)
- Increase amount equals the lesser of 3.5% or the rate of inflation (if greater than zero) for the 12-month period ending June, based on the Consumer Price Index for All Urban Consumers (CPI-U)
- Commissioner of Labor must publish the new wage rates by October 1st each year
- Applies to remainder of state (outside NYC and downstate counties) with same inflation-based formula, replacing previous method that considered multiple economic indices
- Takes effect immediately upon enactment
Legislative Description
Increases the minimum wage annually by a percentage determined by the commissioner of labor and which is based on inflation.
Last Action
REFERRED TO RULES
11/9/2020
Committee Referrals
Rules11/9/2020
Full Bill Text
No bill text available