Montgomery County Approves $15 Minimum Wage

Date: December 06, 2017

Related Content: Analysis Economy Maryland

 

After vetoing a proposal to raise the Montgomery County minimum wage to $15 per hour in January, County Executive Isiah Leggett has signed the measure into law.

Leggett vetoed the measure the first time, citing concerns about job loss and business burdens on a condensed timeline. The issue resurfaced this summer, however, and modifications were made. Under the legislation Leggett signed last month, companies with 51 or more employees will be subject to a $15 minimum wage starting in 2021. Businesses with 11 to 50 employees will have until 2023 to comply, and companies with 10 or fewer employees will have until 2024.

A study commissioned by Leggett found that Montgomery County would lose approximately 47,000 jobs and $396.5 million in income by 2022 if the $15 minimum wage hike were adopted. However, the study was discredited for overestimating the number of lost jobs, The Washington Post reported.

Related Content: Analysis | Economy | Maryland

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is America's leading small business association, promoting and protecting the right of our members to own, operate, and grow their business

Find out more about
NFIB Membership

Or call us today

1-800-634-2669

News

State Issues


Choose Your State

Foundations

YEF Foundation Research Center Legal Foundation

Member Benefits