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Proposed bill would raise minimum wage to $10 next year, $15 by 2021

Proposed bill would raise minimum wage to $10 next year, $15 by 2021
Copyright 2018 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Christopher Furlong
<p>In this photo illustration a one Euro coin can be seen next to American Dollar notes on October 23, 2008 in Manchester, England. As markets across the globe continue to struggle the world wide credit crunch begins to bite deeper with fears of economic recession</p>
Proposed bill would raise minimum wage to $10 next year, $15 by 2021
Posted at 4:36 PM, Jan 27, 2018
and last updated 2018-01-27 16:36:03-05

INDIANAPOLIS --&nbsp; A proposed bill would raise the minimum wage to $15 over the next 3 years.&nbsp;

Senate Bill 121, authored by Sen. Frank Mrvan (D-1) was introduced at the beginning of January and proposes a minimum wage increase from $7.25 to $10 in 2019.&nbsp;

The minimum wage would then increase to $13 in June 2020 and to $15 an hour in 2021.&nbsp;

READ | Here's where the minimum wage went up in 2018

After 2021, the bill would make it so that the hourly minimum wage in Indiana would increase every June 30 "at the same percentage as any increase in the Consumer Price Index for the&nbsp;preceding calendar year."

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Copyright 2018 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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