KUSA - This week's Balance of Power focuses on Amendment 70, the proposed minimum wage increase Colorado voters will face in November.
Debating this week are Patty Kupfer with Colorado Families for a Fair Wage and Tyler Sandberg with Keep Colorado Working.
If approved, the state's minimum wage would jump gradually until it reaches $12 an hour by 2020 and would increase thereafter based on cost of living:
January 1, 2017: $9.30
January 1, 2018: $10.20
January 1, 2019: $11.10
January 1, 2020: $12.00
Currently, the state's minimum wage is $8.31 an hour. Any change in the hourly wage is based on inflation, making Colorado one of 10 states in the nation to base its minimum wage to the Consumer Price Index.
The hourly wage for tipped employees is currently $3.02, which would remain the same if Amendment 70 were passed.
Here's what the proposal will look like on your ballot, according to Ballotpedia:
"Shall there be an amendment to the Colorado constitution increasing the minimum wage to $9.30 per hour with annual increases of $0.90 each January 1 until it reaches $12 per hour effective January 2020, and annually adjusting it thereafter for cost-of-living increases?"
And here is a look at the full language of Amendment 70 (changes marked by cross-outs and underlines):
Section 15. State minimum wage rate. Effective January 1, 20
0717, Colorado's minimum wage shall be is increased to $6.85 $9.30 per hour and shall be is adjusted increasedannually by 0.90 each January 1 until it reaches $12 per hour effective January 2020, and thereafter is adjusted annually for inflation cost of living increases, as measured by the Consumer Price Index used for Colorado. This minimum wage shall be paid to employees who receive the state or federal minimum wage. No more than $3.02 per hour in tip income may be used to offset the minimum wage of employees who regularly receive tips.
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