All tagged Economic Power
On Wednesday, Gov. David Ige signed House Bill 2510 into law, putting Hawaiʻi on a path toward the highest minimum wage in the country. As a small business owner, I say: It’s about time. No one can survive on $10.10 an hour—or just $21,000 a year—in Hawaiʻi.
Although, given HB 2510’s nearly six-year phase-in period, other states may reach that mark first, Hawaiʻi nevertheless becomes the first state to officially enact an $18 minimum wage.
Hawai‘i’s minimum wage is currently $10.10 an hour. The new law raises the rate in increments over the next several years, starting with $12 on Oct. 1.
Gov. David Ige on Wednesday signed legislation raising the state's minimum wage to $18 an hour by 2028.
The wage will increase to $18 by 2028, while many Hawaii taxpayers will get one-time checks for $300.
Ige said that this “balanced approach” will begin in increments, starting by raising the minimum wage from $10.10 an hour to $12 in October.
Hawaiʻi enacted the nation’s first statewide $18 minimum wage law, with Gov. David Ige’s signature of a bill aimed at fighting poverty among the islands’ workers.
Don’t make our lowest-wage earners wait and wonder any longer. They need and deserve this modest raise.
With his signature, House Bill 2510 would increase minimum wage, improve major tax credit.