Lt. Governor Mead Treadwell today certified a citizen initiative application to raise the minimum wage in the State of Alaska.
Treadwell signed the certificate after consultation with the Division of Elections, which determined the application included a sufficient number of sponsor signatures, and the Department of Law, which concluded that the proposed bill is in the proper form under state statute.
The initiative calls for a minimum wage increase to $8.75 as of January 1, 2015 and $9.75 as of January 1, 2016. After 2016, the initiative establishes that the minimum wage shall be adjusted for inflation on an annual basis and that the minimum wage shall remain at least $1.00 higher than the federal minimum wage.
The ballot initiative seeks to replace the current minimum wage in Alaska, is set at $.50 higher than the federal minimum wage, which makes it $7.75 at present.