TRENTON – The bills seeking to increase the minimum wage in New Jersey have been introduced.
S3/A2162 would hike the state’s hourly minimum wage to $8.50 on July 1, and then require that, starting in calendar year 2013, the minimum wage rate be adjusted annually, based on any increase in the Consumer Price Index in the previous calendar year, with the adjustment taking effect on July 1 of each year.
Assembly Speaker Sheila Oliver said at the outset of the new legislative session that increasing the minimum wage from $7.25 per hour would be one of her priorities.
She is a prime co-sponsor of the lower-chamber version along with several other lawmakers.
The Senate version co-sponsors are Steve Sweeney, (D-3), West Deptford, and Richard Codey, (D-27), Roseland.