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Senate Backs Gradual Minimum Wage Increase

The Vermont Senate has backed a gradual minimum wage increase, rejecting the House's more drastic plan to raise the wage to $10.10 by January of 2015.
MONTPELIER -  The Vermont Senate has backed a gradual minimum wage increase, rejecting the House's more drastic plan to raise the wage to $10.10 by January of 2015.

The Senate voted to back a proposal by the Committee on Economic Development, which would use the following schedule to raise the minimum wage:

2015: $9.15
2016: $9.60
2017: $10.00
2018: $10.50

Starting in 2019 the wage would go by 5% or by the Consumer Price Index, whichever is smaller.

The plan is obviously different than the version of the bill passed by the House. The Governor wanted to raise the minimum wage to $10.10 by 2017, though he has said he will support whatever the legislature decides to do.

The Senate will take a final vote on the minimum wage bill Monday. After that, the House will have to either concur with the gradual plan, or ask for a conference committee to find a compromise.

The session is set to adjourn Friday.


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