Submitted by WallStreetDoesntBet t3_xx0mfw in Futurology
WallStreetDoesntBet OP t1_ir9d5nx wrote
2020 Florida Amendment 2 was an amendment to the Constitution of Florida that passed on November 3, 2020, via a statewide referendum concurrent with other elections. The amendment sets to increase the state's hourly minimum wage to $15 by 2026.
Effective September 30th, 2021, Florida’s will raise minimum wage to $10.00 per hour. Each September 30th thereafter, minimum wage shall increase by $1.00 per hour until the minimum wage reaches $15.00 per hour on September 30th, 2026. From that point forward, future minimum wage increases shall revert to being adjusted annually for inflation starting September 30th, 2027.
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