This bill would raise Alaskas minimum wage from $7.75 per hour to $8.75 per
hour as of January 1, 2015. The bill would raise the minimum wage to $9.75 per
hour as of January 1, 2016. The bill would adjust the minimum wage each year
for inflation after 2016. The bill creates a method for this adjustment. Under the
bill, if the adjusted minimum wage is less than one dollar over the federal
minimum wage, Alaskas minimum wage will be one dollar over the federal
minimum. Tips or gratuities would not count toward the minimum wage.
The bill has a statement of findings and declaration. This statement gives
reasons for the bill. The reasons pertain to quality of life for low income workers,
the effect of increases in the cost of living, the relationship of the Alaska
minimum wage to the federal poverty level, and the minimum wage in other
Should this initiative become law?