A bill for an act increasing the state minimum hourly wage and providing for subsequent increases by the same percentage as the increase in federal social security benefits.

This bill proposes increasing Iowa's state minimum hourly wage to $15.00 starting July 1, 2026, for most workers, with a lower rate of $14.10 for employees in their first 90 days of employment. It requires annual wage adjustments beginning July 1, 2027, tied directly to the federal Social Security cost-of-living adjustment (COLA) from the previous year. The bill ensures wages can only increase, never decrease, and applies to all covered workers in Iowa. This affects low-wage employees and employers across the state, with the first major increase set for 2026.