Minimum wage; establish at $10.00 and set requirements for exemptions and overtime.

HB 741 establishes Mississippi's minimum wage at $10.00 per hour for most workers, directly affecting hourly employees across the state. It exempts tipped employees (like waitstaff) from the $10 rate, requiring employers to pay $3.62 per hour base wage while allowing tips to make up the difference. The bill mandates overtime pay at 1.5x the regular rate for workers earning $455 or less weekly, specifically protecting manual laborers, public safety workers (police, firefighters, etc.), and non-managerial staff from being denied overtime. It also aligns Mississippi's wage laws with federal standards for uncovered employees.