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Bill

Bill

36-0030

An Act amending title 24 Virgin Islands Code, chapter 1, section 4, increasing the Virgin Islands minimum wage

2025-2026 Regular Session

Raises the Virgin Islands minimum wage by amending Title 24, Sec. 4, boosting workers' pay and prompting payroll adjustments for employers.

Introduced
0
WeVote Research Nonpartisan
Bill Summary · 36-0030

Summary of Bill 36-0030

Overview

Bill 36-0030 is titled “An Act amending title 24 Virgin Islands Code, chapter 1, section 4, increasing the Virgin Islands minimum wage.” The bill is currently introduced and would adjust the wage floor established under VI law.

Purpose and Intent

  • The primary aim is to increase the Virgin Islands minimum wage by amending Title 24, Chapter 1, Section 4 of the Virgin Islands Code.
  • The intended goal is to raise earnings for workers who are currently at or near the minimum wage, improving income in the local economy. Specific wage levels or timelines are not provided in the information available.

Key Provisions (as described)

  • Amendment to: Title 24 Virgin Islands Code, Chapter 1, Section 4.
  • Action: Increase the minimum wage in the Virgin Islands.
  • Note: The exact new wage rate, any phased-in schedule, exemptions (if any), tipped-wage considerations, penalties for noncompliance, and effective dates are not specified in the summary provided. The bill’s full text would be needed to detail these provisions.

Affected Parties

  • Employers operating in the Virgin Islands who pay at or near the current minimum wage.
  • Workers currently earning minimum wage or near it, who would benefit from a higher wage floor.
  • Small businesses and other local employers who would need to adjust payrolls to comply with a new minimum wage rate.

Procedural and Timeline Aspects

  • Received: January 16, 2025
  • Assigned: January 17, 2025
  • To Senate: February 24, 2025
  • Introduced (noted in actions): February 27, 2025
  • Status: Introduced (as of the provided information)

Potential Implications

  • Employers may need to adjust payrolls, budgeting, and pricing strategies to accommodate a higher wage floor.
  • Workers could experience increased take-home pay, potentially improving consumer spending and economic activity.
  • Depending on the final rate and timeline, there could be sector-specific impacts (e.g., hospitality, retail) and considerations for exemptions or special rules.

Next Steps for Stakeholders

  • Review the full text of Bill 36-0030 to confirm the exact updated minimum wage amount, effective date, any phased-in schedule, and any exemptions or special provisions.
  • Monitor committee hearings and votes in the Senate to understand potential amendments and the likelihood of passage.
  • Prepare for potential payroll adjustments and compliance steps if the bill advances toward enactment.

For anyone needing precise details (rate, dates, exemptions), the bill’s full legislative text or summaries from the Virgin Islands Legislature should be consulted as the authoritative source.

Compiled from official sources — confirm details with the bill’s official record.

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