Study on minimum wage impacts on small businesses and economic health in Hawaii.

The bill mandates the Department of Business, Economic Development, and Tourism to conduct a comprehensive study on the effects of minimum wage increases on small businesses and Hawaii's overall economic health. The study will examine impacts on operating costs, hiring practices, employee retention, and business viability. It will also assess variations in effects across counties and industry sectors, and identify support measures beneficial to small businesses. The department must submit a report with findings and recommendations to the legislature before the 2026 regular session.

Study on minimum wage impacts on small businesses and economic health in Hawaii.

The bill mandates the Department of Business, Economic Development, and Tourism to conduct a comprehensive study on the effects of minimum wage increases on small businesses and Hawaii's overall economic health. The study will examine impacts on operating costs, hiring practices, employee retention, and business viability. It will also assess variations in effects across counties and industry sectors, and identify support measures beneficial to small businesses. The department must submit a report with findings and recommendations to the legislature before the 2026 regular session.