The bill mandates gradual increases in Virginia's minimum wage, starting at no less than $12.77 per hour by January 1, 2026, $13.75 per hour by January 1, 2027, and finally reaching $15 per hour by January 1, 2028. Beyond 2029, wages must meet the higher of the state or federal minimums. Adjustments based on the Consumer Price Index will occur annually to account for inflation.
