Raise NYC Minimum Wage to $30 Per Hour
In committee as of Jun 10, 2026Under review by an assigned committee.
✦ Plain-Language Summary
This law would gradually raise the minimum wage in NYC to $30 per hour by 2030 for large employers (500+ workers) and $29 per hour by 2031 for smaller businesses. After those targets are reached, wages would automatically increase each year to keep up with the cost of living. This would mean higher paychecks for hundreds of thousands of New Yorkers working minimum wage jobs across all five boroughs.
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Details
- Introduced
- Mar 10, 2026
- Body
- Committee on Consumer and Worker Protection
- Type
- Introduction
- Status
- Committee
Sponsors (14)
Official Description
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.