Labor and Employment - Minimum Wage - Increase (Maryland Raise the Wage Act)

HB 1479 (Maryland Raise the Wage Act) increases Maryland's minimum wage for most employers to $15 per hour starting January 1, 2024, rising to $18 per hour beginning January 1, 2028, with future increases tied to the Washington-Arlington-Alexandria Consumer Price Index (CPI). Small businesses (with 49 or fewer employees) receive a phased transition: $15 per hour from January 2024 through December 2028, then $18 per hour starting January 2029. The law automatically adjusts the wage annually based on CPI growth (capped at 5% per year), preventing freezes during periods of no CPI increase. The bill takes effect October 1, 2026, directly affecting all Maryland employers and their hourly workers.