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Northern Mariana Islands Wage Stability: Minimum Wage Increase Delay.

This act aims to stabilize the economy in the Northern Mariana Islands by delaying the implementation of federal minimum wage increases by 18 months. This means employers on these islands will have more time to adjust to new rates, potentially impacting the local job market and prices. The government will also study the economic effects of these changes.
Key points
Minimum wage increases in the Northern Mariana Islands will be delayed by 18 months compared to the rest of the U.S.
The delay applies to minimum wage increases enacted over the next 10 years, starting from 2021.
The government will prepare a report assessing the economy of the Northern Mariana Islands and the impact of minimum wage increases on employment and earnings.
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Additional Information
Northern Mariana Islands Wage and Economic Stability Act
Print number: HR 2602
Sponsor: Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]
Process start date: 2021-04-15