Fiscal Note

HB0256 - Minimum Wage Provisions

State Impact:
Passage of this bill may require increased funding for wages for some state agencies and institutions of Higher Education. No reliable estimate is currently available since factors such as taxes paid, effects on state financial assistance programs, and effects on employment rates should be considered in any detailed study of this issue.

Individual, Business and/or Local Impact:
Passage of this bill may require increased funding for wages for local school districts and local governments. Increasing the minimum wage would increase pay to some employees, increase personal services costs for some employers.

1/29/2007, 12:00:45 PM, Lead Analyst: Eckersley, S.Office of the Legislative Fiscal Analyst