BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                            Senator Kevin de Le�n, Chair


          SB 935 (Leno) - Minimum Wage: Annual Adjustment
          
          Amended: March 18, 2014         Policy Vote: L&IR 3-1
          Urgency: No                     Mandate: No
          Hearing Date: April 7, 2014                             
          Consultant: Robert Ingenito     
          
          SUSPENSE FILE. AS AMENDED.


          Bill Summary: Under current law, the State's minimum wage will  
          be increased to $9.00 per hour on July 1, 2014, and $10.00 per  
          hour on January 1, 2016. SB 935 would instead set the minimum  
          wage as follows:
                 $11.00 per hour on January 1, 2015.
                 $12.00 per hour on January 1, 2016.
                 $13.00 per hour on January 1, 2017.
                 Beginning in 2018, increases to minimum wage would be  
               indexed to the annual change in the California Consumer  
               Price Index (CCPI), as specified. 


          Fiscal Impact (as approved on May 23, 2014): 
                 The Department of Industrial Relations (DIR) would incur  
               costs of about $450,000 (General Fund) to issue new Minimum  
               Wage Orders to approximately 800,000 employers in the state  
               each time the minimum wage is adjusted pursuant to this  
               bill.

                 According to the State Controller's Office (SCO), state  
               government employs approximately 4,500 minimum wage  
               workers, mostly student assistants and seasonal employees.  
               As a direct employer, this bill would lead to an estimate  
               increase of $9.4 million in 2014-15, $18.7 million in  
               2015-16, and $23.4 million in 2016-17 (General Fund and  
               various special funds). In 2017-18, the first fiscal year  
               that the CPI adjustment is used, the estimated increase  
               would be $30 million, assuming a 3 percent inflation rate.  
               Costs would continue to rise relative to current law in the  
               out-years and would be reflective of future inflation  
               rates. 









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                 Additionally, the State pays the minimum wage to private  
               individuals who provide certain services at the local level  
               (heath care, social services, etc.). The related impact of  
               this bill's raising the minimum wage is unknown, but likely  
               to be in the high tens of millions of dollars annually.

                 The bill would result in cost pressures to increase  
               wages for state employees who at present earn slightly more  
               than the current minimum wage to avoid salary compaction. 

                 See the Staff Comments section for a general discussion  
               of the impact of this measure to the economy and revenues.
          
          Background: The California minimum wage was established at $0.16  
          per hour in 1916. The California minimum wage was $0.33 per hour  
          when the federal minimum wage of $0.25 per hour was created in  
          1938. The California minimum wage has been increased 26 times  
          since its inception, and has been $8.00 per hour since 2008. As  
          noted above, under current law, the minimum wage will increase  
          to increase to $9.00 per hour on July 1, 2014, and $10.00 per  
          hour on January 1, 2016. Because of increases in the overall  
          cost of living, when the minimum wage is unchanged for several  
          years, its purchasing power declines.

          Proposed Law: This bill would replace the scheduled increase to  
          $10.00 per hour effective 2016, and instead would (1) increase  
          the state's minimum wage to $13.00 per hour over a three-year  
          period and (2) provide for the automatic adjustment of the  
          minimum wage each year by the percentage change in the CCPI,  
          beginning January 1, 2018. Specifically, this bill would:

                 Increase the minimum wage to $11.00 beginning January 1,  
               2015, to $12.00 per hour beginning January 1, 2016, and to  
               $13.00 per hour beginning January 1, 2017.

                 Require the minimum wage adjustment to be made based on  
               the change in the CCPI, as specified. This measure also  
               would require the Industrial Welfare Commission (IWC) to  
               publicize the adjusted wage. 

                 Prohibit the IWC from adjusting the minimum wage, if the  
               change in the CCPI is negative. 

                 Define percentage of inflation as the percentage of  








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               inflation specified in the CPI for All Urban Consumers  
               (CPI-U), as published the Department of Industrial  
               Relations (DIR), or its successor index. 

                 Define "previous year" as the 12-month period that ends  
               on August 31 of the calendar year prior to the adjustment. 


          Related Legislation: AB 10 (Alejo), Chapter 351, Statutes of  
          2013, increased the minimum wage from $8.00 per hour to $9.00  
          per hour on July 1, 2014, and $10.00 on January 1, 2016. 

          Staff Comments: Relative to its current level of $8.00 per hour,  
          this measure would raise California's minimum wage by 63 percent  
          by 2017. Assuming an annual inflation rate of 3 percent, the  
          indexing provisions of the bill would raise the minimum wage by  
          about 40 cents per year beginning in 2018.

          Much of the fiscal impact of this measure would be related to  
          its various effects on the economy, including changes in  
          employment, prices, and profits. For example:

                 Most employees earning less than the proposed minimum  
               wage would earn more. They would also spend more on goods  
               and services, thereby generating certain increases in  
               economic activity. 

                 At the same time, however, employers would face higher  
               wage costs, which they would either absorb in the form of  
               lower profits or attempt to offset through a variety of  
               means. For instance, they may attempt to shift or "pass  
               along" the costs of the higher wages to consumers by  
               raising prices of the goods and services they sell.  
               Alternatively, some employers may offset the costs of the  
               increase in wages by automating, hiring fewer workers (or  
               reducing workers' hours), or limiting fringe benefits. Some  
               businesses that are not able to shift the effects of the  
               higher minimum wage may reduce economic activity in  
               California. This would most likely occur in industries that  
               have a large share of expenses for low-wage workers or that  
               are subject to competition from other states and other  
               countries. 

          The measure would have varying impacts on state and local  








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          revenues. For instance, a reduction in business activity,  
          employment, and income in California would result in lower  
          income tax revenues. These declines could be offset, however, by  
          increased spending on goods subject to the sales tax. Higher  
          sales taxes would occur if businesses raised prices of taxed  
          goods in response to the increase in the minimum wage, and this  
          increase is not offset by reduced quantities of goods sold.  
          Sales taxes could also increase if those receiving the higher  
          minimum wage spent a relatively high portion of their new  
          earnings on goods subject to the sales tax. The net impact on  
          state and local revenues is unknown. 

          State and local governments provide various public services --  
          primarily in the health and welfare area -- that use low-wage,  
          private sector employees. The increase in the minimum wage would  
          directly raise these costs by an unknown amount. 

          Families with limited income currently qualify for public  
          assistance in California, with benefit levels generally being  
          phased out as a recipient's income rises. By raising the  
          earnings of some public assistance recipients, this measure  
          would result in reduced state costs. These savings, primarily in  
          the Medi-Cal and CalWORKs programs, are unknown. On the other  
          hand, the measure's impact on business activity would increase  
          public assistance payments to some people who lose their jobs.  
          These costs would partially offset the public assistance savings  
          noted above.

          The higher minimum wage could increase state and local  
          government costs in other ways. For instance, to the extent that  
          the measure results in a slight increase in inflation, the  
          public sector could incur added costs for expenses indexed for  
          inflation, such as building leases and welfare payments.

          Committee Amendments (1) update the statutory reference  
          regarding the entity within DIR that calculates the California  
          Consumer Price Index, and (2) add a co-author to the bill.