Creates a sub-minimum wage rate for minors

SB 1325 establishes a minimum wage of $6.50 per hour for most workers (or the federal minimum wage, whichever is higher), with annual inflation adjustments until 2024. For minors under 18, it sets a higher minimum wage of $12.30 per hour (or the federal minimum wage, whichever is higher), directly affecting employers who hire young workers. The standard minimum wage will increase to $13.75 per hour in 2025 and $15.00 per hour in 2026, with public employers subject to these rates starting in 2025. This policy requires employers to pay minors at least $12.30 hourly, which is initially higher than the standard rate but may align with future standard increases.