Oklahoma 2024 Regular Session

Oklahoma House Bill HB1986

Introduced
2/6/23  

Caption

Labor; legislative referendum; setting dates and amounts to increase minimum wage; ballot title; directing filing.

Impact

The successful passage of HB1986 would amend Oklahoma's minimum wage regulations, directly impacting the earnings of workers across various industries. Proponents of the bill argue that the increased wage rates will support families, stimulate consumer spending, and reduce dependency on social services. The bill is positioned as a necessary step towards ensuring that workers receive equitable compensation for their labor, aiming to improve overall living standards in Oklahoma.

Summary

House Bill 1986 is a legislative proposal aimed at increasing the minimum wage in Oklahoma through a referendum process. The bill outlines a gradual increase in the minimum wage, starting from $9.75 per hour in 2024, escalating to $11.00 per hour in 2025, and ultimately reaching $13.00 per hour by 2026. This proposal seeks to amend existing state laws to ensure that all employers adhere to these new wage standards, thereby enhancing the economic welfare of workers throughout the state.

Contention

Despite its purpose, HB1986 is expected to face opposition from various sectors, particularly from business owners and certain economic analysts who contend that a mandated wage increase may lead to job losses or higher operational costs for employers. Critics are apprehensive about potential unintended consequences, such as increased prices for goods and services as businesses pass the costs of higher wages onto consumers. The debate surrounding this bill underscores the broader discussion on the balance between fair labor practices and economic viability.

Companion Bills

OK HB1986

Carry Over Labor; legislative referendum; setting dates and amounts to increase minimum wage; ballot title; directing filing.

Previously Filed As

OK SB55

Oklahoma Minimum Wage Act; increasing minimum wage amount. Effective date.

OK SB55

Oklahoma Minimum Wage Act; increasing minimum wage amount. Effective date.

OK SB35

Oklahoma Minimum Wage Act; increasing minimum wage amount. Effective date.

OK SB35

Oklahoma Minimum Wage Act; increasing minimum wage amount. Effective date.

OK SB1268

Oklahoma Minimum Wage Act; increasing minimum wage amount; providing for additional increase over certain time period. Effective date.

OK HB3844

Labor; state minimum wage; effective date.

OK HB2230

Labor; Oklahoma Minimum Wage Act of 2025; effective date.

OK HB2230

Labor; Oklahoma Minimum Wage Act of 2025; effective date.

OK HB5671

Increasing the minimum wage based upon increases in the consumer price index

OK HB3407

Increasing the minimum wage based upon increases in the consumer price index

Similar Bills

OK HB4104

Crimes and punishment; Class B5 offenses; adding offenses; loitering; felony offenses; Sex Offenders Registration Act; adding offenses for registration; effective date.

OK SB1460

Crimes and punishments; modifying offenses in certain classes of felonies; creating felony offenses for second or subsequent offenses; adding offenses for which registration pursuant to the Sex Offenders Registration Act applies. Effective date.

OK SB1936

Crimes and punishments; creating felony offense related to false impersonation of peace officers; broadening scope of allowable seizure. Effective date.

OK HB3268

Motor vehicles; classifying the knowing display or manufacture of a fictious license plate as a Class D3 offenses; effective date.

OK SB881

Crimes and punishments; authorizing certain petition under certain circumstances. Effective date.

OK SB881

Crimes and punishments; authorizing certain petition under certain circumstances. Effective date.