HB564: AN ACT relating to wages.
Legislative Summary
Amend KRS 337.010 to increase the applicable threshold of employees of retail stores and service industries from $95,000 to $500,000 average annual gross volume of sales for the employer; amend KRS 337.275 to incrementally raise minimum wage of hourly and tipped employees and require adherence to any future federal increase in excess of the new state wage rates; include anti-preemption language permitting local governments to establish minimum wage ordinances in excess of the state minimum wage.
Demographic Impact
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