Printer Friendly
The Free Library
14,634,628 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Assembly Bill would tie minimum wage to level of inflation. (Up Front).


Business owners, still grappling with the impact of the 50-cent an hour minimum wage hike that went into effect Jan. 1, may face more increases.

The effect of those hikes, however, might be mitigated mit·i·gate  
v. mit·i·gat·ed, mit·i·gat·ing, mit·i·gates

v.tr.
To moderate (a quality or condition) in force or intensity; alleviate. See Synonyms at relieve.

v.intr.
To become milder.
 if state Assemblyman as·sem·bly·man  
n.
A man who is a member of a legislative assembly.


assemblyman
Noun

pl -men a member of a legislative assembly

Noun 1.
 Paul Koretz Paul Koretz (D-Los Angeles) announced his plans on August 2, 2007[1] to seek the Los Angeles 5th District City Council seat now occupied by Jack Weiss in 2009. Weiss is expected to run for Los Angels City Attorney against the current City Attorney, Rock Delgadio. , D-West Hollywood Hollywood.

1 Community within the city of Los Angeles, S Calif., on the slopes of the Santa Monica Mts.; inc. 1903, consolidated with Los Angeles 1910.
, has his way. Koretz has proposed permanently indexing the state's minimum wage to the rate of inflation. Under his Assembly Bill 2242, the minimum wage would rise 5 cents next Jan. 1 and by similar amounts each year -- assuming the rate of inflation stays in the low single-digits.

"The whole point of indexing is to get rid of these huge percentage jumps in the minimum wage, to minimize the impact on employers while still allowing workers to keep above the poverty level," said Scott Svonkin, Koretz's chief of staff.

The bill has cleared the Assembly Labor and Employment Committee and is awaiting consideration in the Assembly Appropriations Committee In the United States government, the Appropriations Committee can refer to either:
  • the United States House Committee on Appropriations
  • the United States Senate Committee on Appropriations
.

The state's minimum wage increased to $6.75 an hour on Jan. 1, the second phase of a $1 increase passed by the Legislature in 2000.

Koretz sponsored a similar bill tabled last year after strong opposition from the business community. That measure first raised the minimum wage by $2, to $8.75 an hour, then indexed the wage to inflation. This year, he took out that initial $2 hike.

"This is a very modest step on behalf of working men and women," Koretz said.

The bill is opposed by the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  Chamber of Commerce and the California Manufacturers and Technology Association.
COPYRIGHT 2002 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Comment:Assembly Bill would tie minimum wage to level of inflation. (Up Front).
Author:Fine, Howard
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:May 20, 2002
Words:251
Previous Article:Correction.
Next Article:Redistricting battle heats up as Perry, Pacheco vie downtown. (Politics).(Brief Article)
Topics:



Related Articles
Raise the minimum wage: our multi-layered labor market undercuts the underclass.(Column)
Wages War.(hike in Brazilian minimum wage is problematic)(Brief Article)
Restaurateurs Brace for Minimum-Wage Hike.(Brief Article)
Minimum Wage Escalator. (Politics).(Brief Article)
Florida and Nevada voters approve minimum wage increases.(Brief Article)
Minimum wage round 1.(Politics)
Minimum wage hike heads to governor for possible veto.(legislative bills )
Wage bill serves up outrage.(Working)(Legislation that would increase the federal minimum could possibly cut the pay of some Oregon workers)
Employers wage war against minimum indexing.
Increasing the minimum wage: blocked by right-wing power on Capitol Hill, labor advocates win changes at the state level.(FEATURE)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles