Subcommittee Amendment No. 4 — PCS for HB 433 (2024), Regulatory Reform & Economic Development (12/13/2023)

Summary

This committee and subcommittee amendment, Amendment No. 4 (with title amendment) to PCS for HB 433 (2024), was offered by Representative Gantt for the Regulatory Reform & Economic Development Subcommittee. It inserts a Section 4 amending subsection (3) of section 448.110, Florida Statutes, on the state minimum wage and annual wage adjustment, with an effective date of July 1, 2024. Except for a small business as defined in s. 288.703, employers would pay a minimum wage at an hourly rate, and a small business must increase the minimum wage on the timeframe established in s. 24(c), Art. X of the State Constitution. The title amendment says the bill requires certain employers on a date certain to increase the minimum wage to a specified amount and provides an exception for small businesses.

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Full text

                                           COMMITTEE/SUBCOMMITTEE AMENDMENT
                                            Bill No. PCS for HB 433    (2024)
       Amendment No. 4




            COMMITTEE/SUBCOMMITTEE ACTION
       ADOPTED                         (Y/N)
       ADOPTED AS AMENDED              (Y/N)
       ADOPTED W/O OBJECTION           (Y/N)
       FAILED TO ADOPT                 (Y/N)
       WITHDRAWN                       (Y/N)
       OTHER


 1     Committee/Subcommittee hearing bill:      Regulatory Reform &
 2     Economic Development Subcommittee
 3     Representative Gantt offered the following:
 4
 5          Amendment (with title amendment)
 6          Between lines 147 and 148, insert:
 7          Section 4.    Subsection (3) of section 448.110, Florida
 8     Statutes, is amended to read:
 9          448.110    State minimum wage; annual wage adjustment;
10     enforcement.—
11          (3)    Effective July 1, 2024, and except for a small
12     business as defined in s. 288.703, employers shall pay employees
13     a minimum wage at an hourly rate of $15 or the highest wage
14     negotiated in contracts resulting from the Living Wage
15     Ordinances $6.15 for all hours worked in Florida. A business
16     that qualifies as a small business as defined in s. 288.703,
     PCS for HB 433 a4
      Published On: 12/13/2023 1:19:00 PM
                                   Page 1 of 2
                                         COMMITTEE/SUBCOMMITTEE AMENDMENT
                                            Bill No. PCS for HB 433   (2024)
       Amendment No. 4


17     must increase the minimum wage it pays its employees in
18     accordance with the timeframe established in s. 24(c), Art. X of
19     the State Constitution. Only those individuals entitled to
20     receive the federal minimum wage under the federal Fair Labor
21     Standards Act, as amended, and its implementing regulations
22     shall be eligible to receive the state minimum wage pursuant to
23     s. 24, Art. X of the State Constitution and this section. The
24     provisions of ss. 213 and 214 of the federal Fair Labor
25     Standards Act, as interpreted by applicable federal regulations
26     and implemented by the Secretary of Labor, are incorporated
27     herein.
28
29           -----------------------------------------------------
30                       T I T L E   A M E N D M E N T
31          Remove line 26 and insert:
32          applicability; amending s. 448.110, F.S.; requiring
33          certain employers on a date certain to increase the
34          minimum wage it pays employees to a specified amount;
35          providing an exception for small businesses; requiring
36          small businesses to increase the minimum wage it pays
37          employees on a specified timeframe; providing an
38          effective date.




     PCS for HB 433 a4
      Published On: 12/13/2023 1:19:00 PM
                                  Page 2 of 2


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