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NY A08823

Bill

Official Source

Status

Introduced

1/12/2022

Primary Sponsor

Jessica Gonzalez-Rojas

Click for details

Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Requires employers with annual income of $500 million or more to pay employees a minimum of $20.00 per hour
  • Applies the $20.00 minimum wage requirement to all franchises of a company if the parent company reports annual income of $500 million or more, regardless of the individual franchise's income
  • Minimum wage obligation does not apply if federal law or other state provisions establish a higher wage requirement
  • Takes effect 180 days after becoming law

Legislative Description

Increases the minimum wage for employers reporting an annual income of five hundred million dollars or more to $20.00 per hour.

Last Action

referred to labor

1/12/2022

Committee Referrals

Labor1/12/2022

Full Bill Text

No bill text available