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2024 Session

Budget Amendments - HB30 (Committee Approved)

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HB 1: Increasing the State Minimum Wage

Item 66 #1h

Item 66 #1h

First Year - FY2025 Second Year - FY2026
Administration
Compensation Board FY2025 $65,624 FY2026 $328,838 GF

Language
Page 63, line 20, strike "$27,395,833" and insert "$27,461,457".
Page 63, line 20, strike "$27,395,833" and insert "$27,724,671".

Page 64, after line 27, insert:

"E. Out of this appropriation, $65,624 the first year and $328,838 the second year from the general fund is provided to effectuate the provisions of House Bill 1 of the 2024 General Assembly. The Executive Secretary of the Compensation Board shall be responsible for distributing these funds to support cost increases for Local Treasurers."



Explanation

(This amendment provides $394,462 over the biennium to support increasing the state's minimum wage.)