Montana Increase Minimum Wage Initiative, I-121 (1996)
I-121 sought to increase minimum wage, from $4.25 to $6.25 by the year 2000
|I-121 (Increase Minimum Wage)|
Official results via: The Montana Secretary of State
Text of measure
The language that appeared on the ballot:
- Since 1991, Montana has followed the minimum wage set by Congress, which is currently $4.25 per hour. This initiative would amend Montana law to re-establish a state minimum wage, unless a higher amount is set by federal law. The minimum wage, exclucing tips, would be:
- - $4.75 per hour beginning January 1, 1997;
- - $5.25 per hour beginning January 1, 1998;
- - $5.75 per hour beginning January 1, 1999; and
- - $6.25 per hour beginning January 1, 2000.
- The minimum wage rate for businesses with $110,000 or less in annual gross sales would remain $4.00 per hour.
- Fiscal Statement:
- Employees receiving an increase in the minimum wage may pay more income tax. However, businesses paying the increased wage are allowed to deduct the increase in full, resulting in a decrease in income and corporation tax revenue. The overall net impact is estimated to be negligible.
- Statutory Initiative and Referendum Issues - The Montana Secretary of State
- Montana 1996 Voter Information Pamphlet
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