The New Hampshire House of Representatives today by a vote of 173 to 118 approved HB 1403, a bill to increase the state minimum wage to $9.00 an hour over two years and apply cost of living adjustments in future years. New Hampshire’s current minimum wage is $7.25 an hour and the wage has remained at this level since 2008.
“New Hampshire’s current minimum wage leaves workers struggling to get by,” said New Hampshire Fiscal Policy Institute Executive Director Jeff McLynch. “Raising the minimum wage and ensuring it is adjusted for the cost of living in future years would help families make ends meet, boost sales at local businesses, and put New Hampshire on a path towards an economy that works for everyone.”
HB 1403 would increase the minimum wage to $8.25 per hour on January 1, 2015, and to $9.00 per hour on January 1, 2016. Beginning January 1, 2017, it would automatically increase New Hampshire’s minimum wage to account for inflation (based on the Consumer Price Index).
An analysis conducted by the Economic Policy Institute indicates that HB 1403 would either directly or indirectly increase the wages of 76,000 Granite Staters. Of those who would be affected, 72 percent are adults age 20 and older; 32 percent work full-time; 59 percent are women; and 14 percent are parents.
On average, those who would be affected by a $9.00 minimum wage would see their pay go up by $870 per year. As minimum wage workers spend every dollar they earn, this spending will boost the bottom lines of stores, shops, and businesses in communities across the state while adding $64 million to the New Hampshire economy over the next two years.
The WMUR Granite State Poll released on February 6 found that 76% of state residents support increasing the minimum wage to $9.00. The poll question asked respondents if they supported an increase to $8.25 in 2015 and to $9 an hour in 2016. Across the political spectrum, the majority of Democrats (91%), Republicans (64%), and Independents (70%) favored this proposed increase to the minimum wage.
“I applaud members of the House of Representatives for their recognition of the need to restore and increase New Hampshire’s minimum wage,” said Governor Hassan. “In order for economic growth to truly accelerate, working families and individuals must be confident in their own financial circumstances and able to afford critical goods and services.”
Governor Hassan continued, “This measure will help improve the financial security of working families and people of all ages and will support businesses by putting more money in the pockets of their consumers. I look forward to working with members of the Senate, as well as workers, businesses and all stakeholders, to strengthen our state’s economic future by restoring and increasing New Hampshire’s minimum wage.”
“The legislators were not swayed by false testimony or attempts to weaken the bill,” said Zandra Rice-Hawkins, Executive Director of Granite State Progress. “We all know that a strong minimum wage means more money in the pockets of families and more money in the cash registers of local businesses. Raising the wage is a win-win situation for our whole economy and we strongly encourage the Senate to support it.”
“The vote in the House today signals a strong desire to help working people and we are proud of the legislators who voted with us,” continued Rice-Hawkins. “Three-quarters of Granite Staters, including majorities of Republicans, Independents, and Democrats, also support increasing the minimum wage to $9 per hour.”
Now everything lies in the Senate. Will they do what is right for Granite Staters or hold fast to the anti-worker ideology of the current Republican Party?
UPDATED: The NH Senate rejected this House bill therefor killing the Minimum Wage increase in 2014.
Updated 2015: State Rep Jackie Cilley proposes a new minimum wage increase to $14.25 per hour and eliminates the “tipped minimum wage”.