Proposition B - Increase the state minimum wage to $8.60 per hour
Do you want to amend Missouri law to:
increase the state minimum wage to $8.60 per hour with 85 cents per hour increase each year until 2023, when the state minimum wage would be $12.00 per hour;
exempt government employers from the above increase; and
increase the penalty for paying employees less than the minimum wage?
State and local governments estimate no direct costs or savings from the proposal, but operating costs could increase by an unknown annual amount that could be significant. State and local government tax revenue could change by an unknown annual amount ranging from a $2.9 million decrease to a $214 million increase depending on business decisions.
A “yes” vote will amend Missouri statutes to increase the state minimum wage rate as follows:
$8.60 per hour beginning January 1, 2019;
$9.45 per hour beginning January 1, 2020;
$10.30 per hour beginning January 1, 2021;
$11.15 per hour beginning January 1, 2022; and
$12.00 per hour beginning January 1, 2023.
The amendment will exempt government employers from the above increases, and will increase the penalty for paying employees less than the minimum wage.
A “no” vote will not amend Missouri law to make these changes to the state minimum wage law.
If passed, this measure will have no impact on taxes.