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Friday, March 16, 2007

New Mexico Compromise Minimum Wage Passed

The final bill (SB 324) passed by the SNM enate 22-20 today would raise the minimum to $6.50 an hour on January 1, 2008 and $7.50 an hour on January 1, 2009. It has no provision for the rate to rise according to inflation. It doesn't cover agricultural workers. It doesn't allow communities to adopt a higher rate until 2010. I guess that last part is considered a House victory over the Senate plan to freeze the ability of communities to raise it until 2013.

March 16, 2007 at 11:12 PM in Economy, Populism, NM Legislature 2007 | Permalink


I Emailed the Gov and asked he veto the increase in pension benefits the legislators passed for themselves. I thought fair is fair, if the legislators think it's OK to freeze minimum wage increases or to stop Cities and Municipalities from increasing them until 2013 it's only fair that they not get any pension increase until 2013. Now that this has passed I think I'll Email him again ref to this bill passage and then use the 2010 date. I suggest everyone send him some similar comments.

Posted by: VP | Mar 17, 2007 8:39:39 AM

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