Bill
HB 5507
Overview: HB 5507, AN ACT RELATING TO LABOR AND LABOR RELATIONS -- MINIMUM WAGES, was recommended to be held for further study by the committee on March 5, 2025.Purpose and Intent:
Overview: HB 5507, AN ACT RELATING TO LABOR AND LABOR RELATIONS -- MINIMUM WAGES, was recommended to be held for further study by the committee on March 5, 2025.
Purpose and Intent: The bill aims to increase the minimum wage in Rhode Island, providing a higher standard of living for low-wage workers and addressing concerns about income inequality.
Key Provisions:
- Raises the state's minimum wage from $12.25 per hour to $15 per hour over a three-year period
- Indexes the minimum wage to the consumer price index, allowing for annual adjustments to keep pace with inflation
- Eliminates the lower minimum wage for tipped employees, requiring all workers to be paid the full minimum wage
Affected Parties and Impacts: The bill would directly impact low-wage workers in Rhode Island, increasing their earnings and purchasing power. Employers, particularly in industries with a high proportion of minimum wage jobs, would also be affected by the increased labor costs.
Procedural and Timeline Considerations: The bill is currently being held for further study by the committee, indicating that additional deliberation and potential amendments may be necessary before it can move forward in the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
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