Texas HB5163 sets the minimum wage at $15 per hour and mandates a biennial study on the living wage.

Texas HB5163 amends the Labor Code to establish a minimum wage of $15 per hour, superseding the federal minimum wage. The bill also mandates a biennial study and report on the living wage, focusing on wage rates needed to meet living standards across different counties or regions. The study will consider factors like the consumer price index and the cost of necessities. The report must include data on job creation, purchasing power, cost of living, small business activity, housing affordability, and healthcare access for minimum wage workers.

Texas HB5163 sets the minimum wage at $15 per hour and mandates a biennial study on the living wage.

Texas HB5163 amends the Labor Code to establish a minimum wage of $15 per hour, superseding the federal minimum wage. The bill also mandates a biennial study and report on the living wage, focusing on wage rates needed to meet living standards across different counties or regions. The study will consider factors like the consumer price index and the cost of necessities. The report must include data on job creation, purchasing power, cost of living, small business activity, housing affordability, and healthcare access for minimum wage workers.