Hawaii SB981 requires a study on the impacts of minimum wage increases on businesses and employers.
Hawaii SB981 mandates the Department of Business, Economic Development, and Tourism to conduct a study on the effects of recent minimum wage increases. The study will analyze the number of businesses affected, the reasons behind closures, and compare Hawaii's situation with other states that have higher minimum wages. The findings will be reported to the legislature by 2025. Funding for the study is appropriated for fiscal year 2025-2026.
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