Wednesday, August 2, 2017

Minimum Wage Impact Study

Hot off the press: here’s the Montgomery County, Maryland Minimum Wage Increase Impact Study.  The report addresses the impact on the county economy and labor market; the impact on the county government; the impact on county businesses; and the socioeconomic impacts. When the Council reconvenes in the fall we will take up Bill 28-17 that would increase the minimum wage to $15 by 2020 for many workers in Montgomery County. The current minimum wage is $11.50 per hour, and there are no requirements in law for further increases. In January the Council enacted a minimum wage bill in a vote of 5-4 that was subsequently vetoed by the County Executive. If you would like to weigh in on Bill 28-17, sign up to testify later this month at the public hearing to be held in late September; or send your written comments to county.council@montgomerycountymd.gov.

2 comments:

Local Tax Expert said...

How much did Montgomery County pay for this study?

Local Tax Expert said...

$149,000.

Details at:

http://parentscoalitionmc.blogspot.com/2017/08/exclusive-pfm-analysts-charged-275-hour.html