Figure C
Real value of the MD minimum wage under SB 543 and SB 368, 2017 dollars
| Proposed minimum wage schedule | SB 543 (Fight for 15) | SB 368 – Large employers | SB 368 – Small employers |
|---|---|---|---|
| 2018 | $10.10 | $10.10 | $10.10 |
| 2019 | $10.50 | $10.74 | $10.50 |
| 2020 | $11.19 | $11.66 | $10.77 |
| 2021 | $11.84 | $12.52 | $11.02 |
| 2022 | $12.45 | $13.34 | $11.25 |
| 2023 | $13.03 | $13.03 | $11.47 |
| 2024 | $13.03 | $12.73 | $11.67 |
| 2025 | $13.03 | $12.43 | $11.85 |
| 2026 | $13.03 | $12.14 | $12.14 |
Source: EPI analysis of MD minimum wage proposals using CBO projections for the CPI-U
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