December 19, 2014

What Should New Mexico’s Minimum Wage Be?

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After Governor Martinez vetoed a minimum wage increase in 2013 and House Republicans came together in 2014 to oppose a Constitutional amendment to let voters approve a higher minimum wage, legislators have introduced two new minimum wage proposals for 2015.

New Mexico’s minimum wage is currently just $7.50 an hour.

Sen. Clemente Sanchez has proposes an $8.30 minimum wage, similar to a proposal Republicans used to undermine a larger Democratic-sponsored increase in 2013.

Rep. “Lucky” Varela has proposed a $10.10 minimum wage that is tied to inflation so the minimum wage rises with the cost of living.  This proposal is similar to a national minimum wage hike championed by President Obama.

Legislators will consider both bills when the 2015 Legislative session starts in January.

 

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