Missouri business community disagrees on proposal to raise minimum wage [Video]

SPRINGFIELD, Mo. (KY3)—Missouri’s top business association is now opposing a measure to increase the minimum wage.

In less than six weeks, Missourians will decide whether or not to raise the minimum wage from $12.30 an hour to $15 an hour by 2026. Then, starting in 2027, minimum wage would be adjusted each year based on inflation and cost of living. In addition to raising the minimum wage, Proposition A also requires businesses to provide employees with paid sick leave

The proposition will appear on the November ballot reading:

“Official Ballot Title:

Do you want to amend Missouri law to:

• increase minimum wage January 1, 2025, to $13.75 per hour, increasing $1.25 per hour each year until 2026, when the minimum wage would be $15.00 per hour;
• adjust minimum wage based on changes in the Consumer Price Index each January beginning in 2027;
• require all employers to provide one hour of paid sick leave for every thirty hours worked;
• allow the Department of …