Attorney General No.

06-0022

Secretary of State No.

1217

Description

Sets minimum wage at $7.25 per hour starting July 1, 2007, increasing to $7.75 on July 1, 2008. Changes current law requiring overtime pay after 8 hours, permitting individual employees, with employer's approval, to work more than 8 hours per workday without paid overtime except when employee works more than 10 hours per workday or more than 40 hours per workweek. Eliminates daily and weekly overtime pay for additional specified employees, including managers earning a minimum of $540 per week and other highly compensated employees, as defined. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Annual state and local government costs due to the minimum wage increase—primarily in health and child care programs—in the high tens of millions of dollars to over $100 million. Potential net reduction, but probably not significant, in annual state and local government revenues. (SA2006RF0022.)

Proponents

Thomas W. Hiltachk

Date

4-4-2006

Document Type

Initiative

Qualified

Failed to Qualify

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