United States:
New Jersey Assembly Passes Bill To Increase Minimum Wage To $8.50
28 June 2012
Ogletree, Deakins, Nash, Smoak & Stewart
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On May 25, 2012, the Assembly passed a bill (A2162) to increase
the state minimum wage rate to $8.50 per hour, effective July 1,
2012. The bill was previously introduced in the Assembly in January
2012 (and discussed in the
February 2012 issue of the New Jersey eAuthority). The bill
also proposes annual minimum wage adjustments to take effect every
July 1st thereafter, to be proportional to any increases that occur
during the preceding calendar year in the Consumer Price Index. The
bill will now head to the Senate, where a similar bill (S3) has
been pending since January.
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