A bill for an act increasing the state minimum hourly wage and providing for subsequent increases by the same percentage as the increase in federal social security benefits.

Summary

The bill sets Iowa's state minimum hourly wage at $15.00 starting July 1, 2026, with a lower floor of $14.10 for workers in their first 90 days. Beginning July 1, 2027, the wage will automatically rise each year by the same percentage that federal Social Security benefits increase, but it can never be reduced. It affects all employers and employees in Iowa by establishing a higher wage baseline and a built‑in cost‑of‑living adjustment.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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