The state budgets are passed, the legislation has been signed, and it’s the eve of the new fiscal year in D.C., Virginia and Maryland. And as of tomorrow, there will be some new laws on the books.
Here’s a look at some of the legislation going into effect starting July 1.
Minimum Wage Increase: The city’s minimum wage will increase from $15.50 to $16.10 per hour for non-tipped employees. Meanwhile, the base minimum wage for tipped employees jumps from $5.05 to $5.35 per hour. If a worker’s hourly tip earnings plus base wage do not equal the city’s minimum wage of $16.10, on a weekly average, then their employer has to pay the difference.
The increase comes as part of the 2016 law driven by the “Fight for $15” labor movement.
The Maryland legislative session was a classic back-and-forth on big issues like police funding, redistricting, tax relief and more between the Democrat-controlled General Assembly and Republican Gov. Larry Hogan.
Here are a few of the laws taking effect Friday.
Taxes: There are quite a few changes to the tax code in Maryland this year, including an income tax subtraction for retired public safety employees receiving pensions, a tax benefit to employers who employ workers with certain barriers to employment, changes to the state’s earned income tax credit based on the federal credit, and an additional tax credit for most retired Marylanders.
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