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Issue Briefs

Overview of Minimum Wage Laws (19-18)

Business & Economic Development
Labor & Employment

Federal law requires employers to pay their employees a minimum hourly wage.  States are allowed to set different pay standards than the federal minimum wage requirement; however, if the state and federal law differ, such as in Colorado, the higher wage prevails.   This issue brief provides an overview and history of federal and Colorado minimum wage laws and provides a summary of how other states compare to the federal standard.

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details