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On January 23 and 30, 2012, bills were introduced (S3, A2162) which seek to increase the state minimum wage from $7.15 to $8.50 per hour effective July 1, 2012. In addition, the bills propose that starting in 2013 and thereafter on an annual basis, the minimum wage would be adjusted in direct proportion to any increase that occurs during the preceding calendar year in the Consumer Price Index of all urban consumers in the New York City and Philadelphia areas, as reported by the U.S. Department of Labor, with the adjustment becoming effective on July 1 of each year.
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Bills Introduced to Increase Minimum Wage to $8.50 Effective July 1, 2012
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