State bill would require $15 an hour minimum wage at chains and large businesses
BY Erin Durkin
NEW YORK DAILY NEWS
Wednesday, April 16, 2014
Sen. Daniel Squadron and Albany legislators announce a bill to require a $15 an hour wage at large businesses.
Big chain stores and other large businesses would have to pay their workers at least $15 an hour under state legislation introduced by Sen. Daniel Squadron.
The mandate would apply to chains that have at least 11 locations nationwide – including big box stores and fast food restaurants – businesses that bring in at least $50 million a year in revenue, and transportation-related businesses like airport contractors.
The $15 minimum would be indexed to inflation.