Increase the state minimum wage to $15.00 per hour.

 

The purpose of this bill is to make sure that all Minnesota workers get a fair and livable wage that accounts for the

rising cost of living. Minnesota’s workers build up the economy, and by increasing the minimum wage, we help create

financial stability for families, lower poverty rates, and increase local economic growth. A higher wage standard

supports our communities and ensures that all Minnesotans can meet their living costs while contributing to a great

future for the state.

 

The cost of living in Minnesota has grown over the past decade, while workers' wages haven’t kept pace. Many workers who

earn the current minimum wage are struggling to afford essentials such as housing, food, transportation, and healthcare.

Multiple studies show that raising the minimum wage can improve economic growth and reduce reliance on government

handouts.

 

Minimum Wage: The legally established lowest hourly wage that employers are required to pay workers within the State of

Minnesota

Livable Wage: A wage that is sufficient to meet basic needs such as housing, food, utilities, transportation, and

healthcare

Large Employer: Any employer whose annual gross revenue exceeds the threshold defined by Minnesota state labor standards

Small Employer: Any employer whose annual gross revenue is below the large-employer threshold defined by Minnesota state

labor standards

 

Raising the minimum wage does not require state funding

 

Employers who fail to comply with the new minimum wage will be fined, required to repay wages to affected workers, and

subject to mandatory compliance inspections.

 

This bill will go into effect on January 1, 2027, to give employers plenty of time to consider how they will adjust

workers' pay.