MINIMUM WAGE $6.50

Amends the Minimum Wage Law. Increases the minimum wage for workers 18 years and older to $6.50 per hour on January 1, 2004. Provides that, beginning in 2005, the minimum wage shall be annually adjusted by the Department of Labor. Provides that the adjustment shall be calculated each September 30, using the consumer price index for urban wage earners and clerical workers, and shall take effect on January 1 of the following year. Provides that the Director of Labor shall by rule establish the minimum wage for employees under the age of 18 years. Deletes language providing that: (i) wages may not be less than the federal minimum hourly wage and wages paid to any employee under 18 years of age may not be more than 50 cents less than the wage required to be paid to employees who are at least 18 years of age; and (ii) every employer of an employee engaged in an occupation in which gratuities have customarily been recognized as part of the remuneration is entitled to an allowance for gratuities as part of the hourly wage rate in an amount not to exceed 40% of the applicable minimum wage rate.