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Gov. Snyder signs law increasing minimum wage
LANSING — Michigan Gov. Rick Snyder signed a bill last night to boost the minimum wage and avert a ballot initiative to raise the wage higher.
Snyder signed the bill into law after the state’s Republican-led Legislature voted to raise the state's minimum wage to $9.25 an hour by 2018, to override a pending ballot initiative to increase the hourly minimum to $10.10.
The current hourly wage is $7.40.
The House voted 76-34 and the Senate 24-12 on Tuesday to send the bill to the Republican governor.
The compromise was struck a day before a Democratic-backed committee turns in petition signatures for a higher minimum wage hike.
The bill includes a provision requiring the minimum wage to grow with inflation once it hits $9.25 an hour.
It also raises the tipped employee wage to $3.50 an hour from $2.65.