A bill repealing St. Louis’ minimum wage increase to $10/hour will go into law on August 28th. Missouri Governor Eric Greitens announced that he will not sign the bill, allowing it to go into law automatically. Under the law, St. Louis’ minimum wage will revert back to the statewide minimum wage of $7.70 an hour.
Background on the Minimum Wage Increase
A Missouri Supreme Court ruling reinstated an ordinance as of May 5, 2017, that required St. Louis city businesses to implement a new minimum wage of $10.00 per hour in 2017 and $11.00 in 2018. In June, Missouri lawmakers sent a bill blocking the minimum wage increase to the governor.
The Missouri Retailers Association, Missouri Restaurant Association and other local organizations sued to block the original increase, stopping the law from passing in 2015. The groups argued that different minimum wage levels in different parts of the state would make Missouri and St. Louis city less attractive for business growth and job creation.
If you have questions on how your business and minimum wage workers may be affected, the city has established a direct contact resource at minimumwage@stlouis-mo.gov. Contact an Anders advisor for any business consulting needs.
Our firm provides this information for general educational guidance only and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Podcasts posted by Anders CPAs + Advisors are not intended to be used and cannot be used by any individual or business, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. Please note that some content may be generated using artificial intelligence and is intended for educational and informational purposes only. In no way does listening, reading, emailing or interacting on social media with our content establish a professional relationship.
All Insights