An act relating to increasing the State minimum wage based on the livable wage

This bill increases Vermont's minimum wage to $18.60 per hour starting July 1, 2026, based on the state's defined "livable wage" (the hourly rate needed for a full-time worker in shared housing with employer health coverage to cover basic needs). Future annual increases will be set at the smaller of 5% or the Consumer Price Index (CPI-U) change from the previous year, rounded to the nearest cent. It directly affects all employers in Vermont who pay the minimum wage, including businesses with low-wage workers across sectors like retail, hospitality, and agriculture. The change replaces the current $12.55 minimum wage and aligns future adjustments with inflation data.