Vermont S0067 proposes to increase the state minimum wage to a livable wage of $18.60.

Vermont S0067 seeks to amend the state minimum wage to align with the livable wage as determined by the Joint Fiscal Office in January 2025. The bill defines "livable wage" as the average urban and rural hourly wage needed for a full-time worker with shared housing and employer-assisted health insurance to cover basic needs. Beginning January 1, 2026, employers must pay no less than $12.55 or the livable wage of $18.60, whichever is higher. The act takes effect on July 1, 2025.

Vermont S0067 proposes to increase the state minimum wage to a livable wage of $18.60.

Vermont S0067 seeks to amend the state minimum wage to align with the livable wage as determined by the Joint Fiscal Office in January 2025. The bill defines "livable wage" as the average urban and rural hourly wage needed for a full-time worker with shared housing and employer-assisted health insurance to cover basic needs. Beginning January 1, 2026, employers must pay no less than $12.55 or the livable wage of $18.60, whichever is higher. The act takes effect on July 1, 2025.