Labor: hours and wages; minimum hourly wage rate; modify.

HB 6056 proposes to amend Michigan's minimum wage laws by establishing a new schedule of wage increases that begins in 2025, raising the rate to $12.00 by that year and continuing to rise annually through 2029. The bill also introduces an automatic adjustment mechanism starting in 2019, where the state treasurer would increase the minimum wage based on the Consumer Price Index, provided the increase does not exceed 3.5% and the state's unemployment rate remains below 7.5%. Additionally, the legislation maintains provisions allowing employers to pay reduced wages to employees under 20 years old for training purposes and those under 18, while prohibiting the displacement of existing workers to hire individuals at these lower rates.