Latest news with #EconomicSecurityAct
Yahoo
25-03-2025
- Business
- Yahoo
North Carolina minimum wage could increase to $22 if bill is approved
RALEIGH, N.C. (WNCN) — North Carolina lawmakers will consider increasing minimum wage this session after two bills were filed proposing higher wages. Although the state's minimum wage hasn't changed in the last 15 years, the cost of living has, which is why advocates gathered at the General Assembly Tuesday pushing lawmakers to stand behind two proposed bills. The bills would increase the state's $7.25 minimum wage for the first time since 2009. At that time, minimum wage increased due to an increase at the federal level. The Economic Security Act, filed under House Bill 339 and Senate Bill 326, would increase minimum wage to $22 and hour, adjusting annually for inflation. It also eliminates the tipped minimum wage, which is currently $2.13 an hour right now. The second bill under consideration is the Fair Minimum Wage Act, which would increase minimum wage to $10.00 an hour, effective Jan. 1, 2026. It would raise $2.00 per hour every year until at least 2030, making minimum wage $18.00 an hour on Jan. 1, 2030. After that, the amount would be determined annually by the Commissioner of Labor. Both bills passed on first reading in their chambers and are now referred out to committees. There are still several steps before either bill can be voted on. Lawmakers will have a number of questions to consider, including how much it would cost employers to increase wages and if consumers pay the price. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
12-03-2025
- Business
- Yahoo
NC lawmakers file bill to raise minimum wage, boost worker protections
A group of Democrats in the North Carolina General Assembly have filed an ambitious bill that would raise the minimum wage, mandate equal pay for equal work, require paid family leave and reenact child tax credits. But, like all measures on Jones Street, it would require sign off by the Republican majority. ALSO READ: 'No tax on tips' bill making its way through NC House The bill, called the Economic Security Act, was filed by state Reps. Pricey Harrison (D-Guilford), Carolyn Logan (D-Mecklenburg), Marcia Morey (D-Durham) and Aisha Dew (D-Mecklenburg). All of the bill's sponsors are Democrats. And even they doubt that their Republican colleagues will green stamp the measure. Hear more from the lawmakers behind the bill on CBJ's website. WATCH BELOW: City terminates lease for local artists
