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VT S0067
Bill
Status
2/13/2025
Primary Sponsor
Alison Clarkson
Click for details
AI Summary
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Increases Vermont's minimum wage from $12.55 to $18.60 per hour beginning January 1, 2026, aligning it with the "livable wage" reported by the Joint Fiscal Office in January 2025
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Defines "livable wage" as the average of urban and rural hourly wages needed for a full-time worker in shared housing with employer-assisted health insurance to cover basic needs
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Maintains existing annual adjustment mechanism: minimum wage increases each January 1 by the lesser of 5% or the Consumer Price Index (CPI-U) change from the preceding 12 months
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Prohibits any decrease to the minimum wage and requires rounding to the nearest cent
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Takes effect July 1, 2025
Legislative Description
An act relating to increasing the State minimum wage based on the livable wage
Last Action
Read 1st time & referred to Committee on Economic Development, Housing and General Affairs
2/13/2025