ST. PAUL, Minn. – Minnesota’s minimum wage statewide would bump to $15 an hour starting this summer, and increase each year until it reaches $20 under a plan that advanced in the state Senate Tuesday.
The Senate Labor Committee passed the proposal, so it’s eligible for possible addition in a broader jobs-related bill the Legislature will consider towards the end of the session.
Current law sets the minimum wage at $10.85 for large employers and $8.85 for smaller employers. Both Minneapolis and St. Paul have their own $15 an hour pay floors.
This bill would apply the new rates statewide to every business.
Supporters of the effort say updating the minimum wage is long overdue, given the soaring inflation and the high cost of living for the last few years.
If the bill passes both chambers of the Legislature, the $15 hourly would take effect Aug. 1 and increase by $1.25 each year until it reaches $20 in 2028.
Comments