Minimum Wage Texas 2024 Impact Test. It was effective from july 24, 2009. Under the default policy based on the raise the wage act of 2023, the minimum hourly wage is $9.50 in 2024, $11.00 in 2025, $12.50 in 2026, $14.00 in 2027, $15.50 in 2028,.
The 2024 rule, however, came only 5 years after the prior increase, and there had been no change to the federal minimum wage in the interim. (1) the salary basis test (the.