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History
- Referred to labor
Full text
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Sponsor's memo
BILL NUMBER:S6334
Title of bill
An act to amend the labor law, in relation to increasing the minimum wage
Purpose
To increase the New York State minimum wage to $10.10 per hour effective on or after December 31, 2014. To create a yearly cost of living adjustment to the New York State minimum wage each year beginning in 2016.
Summary of provisions
§ 1. Subdivision 1 of section 652 of the labor law, as amended by section 1 of part P of chapter 57 of the laws of 2013, is amended to raise the New York State minimum wage to $10.10 on and after December 31, 2014.
In addition, beginning in 2016, no later than March 1st of each succes- sive year, the minimum wage provided for the subdivision shall be increased in proportion to the increase during the preceding calendar year, if any, in the consumer price index for All Urban Consumers as published by the U.S.Bureau of Labor Statics of the United States Department of Labor.
§ 2. This act shall take effect on the ninetieth day after it shall have become a law.
Justification
Recently the Chairman of the President's Council of Economic Advisers, declared that the minimum wage has not kept up with inflation. A minimum wage that does not keep up with inflation forces employees working at or near the minimum wage to live in poverty even though they may work full-time.
Recently, U.S. Rep. George Miller and U.S. Senator Tom Harkin introduced federal legislation titled the Fair Minimum Wage Act to increase the federal minimum wage to $10.10 per hour. In addition, the Fair Minimum Wage Act would index the federal minimum wage to inflation so that the minimum wage will keep up with the cost of living.
This bill will put New York State ahead of the federal legislation and set the New York State minimum wage at the level proposed in the Fair Minimum Wage Act. This legislation will also provide that the New York State minimum wage is indexed to inflation going forward so that the minimum wage will keep up with inflation.
Legislative history
New Bill.
Fiscal implications
No Cost to State.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.