Politichaos

Resolving the Ruckus

Prop 32

Raises Minimum Wage

initiative statute

Official Summary

Raises minimum wage as follows: For employers with 26 or more employees, to $17 immediately, $18 on January 1, 2025. For employers with 25 or fewer employees, to $17 on January 1, 2025, $18 on January 1, 2026.

Fiscal Impact: State and local government costs could increase or decrease by up to hundreds of millions of dollars annually. State and local revenues likely would decrease by no more than a few hundred million dollars annually.

Notes

California’s minimum wage currently is $16 per hour