❌ HB34
Increase the state minimum wage
Current Status: In House Committee (Commerce and Labor)
Summary
The bill amends sections of the Ohio Revised Code to increase the state minimum wage incrementally from $11 per hour in 2026 to $15 per hour by 2030, with annual adjustments thereafter. It prohibits political subdivisions from establishing a different minimum wage and outlines employer responsibilities regarding wage records and employee rights to enforce wage requirements.
Rationale
The bill mandates a minimum wage increase, which conflicts with the Libertarian principles of free markets and voluntary agreements between employers and employees. It imposes government control over wage rates, undermining the Libertarian Party's advocacy for minimal government interference in economic matters.
Risks and Concerns
- Increased unemployment due to higher labor costs for employers.
- Potential for reduced job opportunities, especially for low-skilled workers.
- Encouragement of black market labor as employers seek to circumvent regulations.