HB 433

Abstract

Minimum wage. Increases the minimum wage from its current federally mandated level of $7.25 per hour to $9.00 per hour effective January 1, 2021; to $11.00 per hour effective January 1, 2022; to $13.00 per hour effective January 1, 2023; and to $15.00 per hour effective January 1, 2024, unless a higher minimum wage is required by the federal Fair Labor Standards Act (FLSA). Effective January 1, 2025, the minimum wage shall be adjusted annually to reflect annual increases in the consumer price index. The measure also provides that the Virginia minimum wage applies to persons whose employment is covered by the FLSA and to persons employed by the Commonwealth, its agencies or political subdivisions, or a public body. This bill was incorporated into HB 395.