Maryland Boosts Minimum Wage to $15 by 2025
Overriding the veto of Republican Governor Larry Hogan, the Maryland House of Delegates and Senate voted for Maryland to become the sixth state to adopt a $15 minimum wage. Governor Hogan had vetoed the bill because he claimed it would result in job losses and hurt small businesses. The House voted 96-43 for the override, while the Senate vote was 35-12.
The other states that have adopted future $15 minimum wages include California, Illinois, Massachusetts, New Jersey and New York. The District of Columbia’s minimum wage will increase to $15 on July 1, 2020
Under the bill, companies with 15 or more employees must pay workers at least $15 an hour by 2025. Smaller companies, with fewer than 15 employees have until 2026 to comply with the law. Below are tables which show the scheduled increases:
Employers with 15 or More Employees
| Date | Minimum Wage Per Hour |
|---|---|
| January 1, 2020 | $11.00 |
| January 1, 2021 | $11.75 |
| January 1, 2022 | $12.50 |
| January 1, 2023 | $13.25 |
| January 1, 2024 | $14.00 |
| January 1, 2025 | $15.00 |
Employers with 14 or Fewer Employees
| Date | minimum wage per hour |
|---|---|
| January 1, 2020 | $11.00 |
| January 1, 2021 | $11.60 |
| January 1, 2022 | $12.20 |
| January 1, 2023 | $12.80 |
| January 1, 2024 | $13.40 |
| January 1, 2025 | $14.00 |
| January 1, 2026 | $14.60 |
| July 1, 2026 | $15.00 |
As a result of this veto override, there will likely be increased pressure on other states to follow suit and raise the minimum wage to the $15 level.
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