A Local Law to amend the administrative code of the city of New York, in relation to the establishment of the minimum wage

Summary

This bill would set a local hourly minimum wage for employees. Employers with more than 500 employees would pay their employees $30 an hour by 2030, and employers with less than 500 employees would pay their employees $29 an hour by 2031. The bill would then require the Department of Consumer and Worker Protection (DCWP) to annually calculate increases to the pay standards following an analysis of measures of inflation.

Official summary of legislation · NYC Council