Minimum Wage

Minimum Wage

We would like to issue a correction to previously reported upcoming changes. The Virginia Minimum Wage bills (HB 1and SB 1) were vetoed by the Governor. This means that the required re-enactment for further increases was not met, and therefore the minimum wage will...
New Laws – Effective July 1, 2024

New Laws – Effective July 1, 2024

As we approach the July 1 implementation date, at which time many of the new laws passed during this year’s General Assembly will go into effect, our lobbyists have put together a comprehensive list to help you prepare your business for any...
New Laws – Effective July 1, 2024

General Assembly Passes Budget!

The General Assembly returned to Richmond yesterday, May 13th, for a one-day special session to address and vote on the outstanding biennial budget. The budget process was contentious throughout the legislative and reconvened session. Ultimately, Governor Youngkin and...
YOUNGKIN VETOES MINIMUM WAGE MANDATE

YOUNGKIN VETOES MINIMUM WAGE MANDATE

Governor Youngkin has vetoed two bills to raise Virginia’s minimum wage to $15 per hour by 2026. The legislation, HB 1 and SB 1, which passed the House and Senate along party lines, was set to increase Virginia’s $12 hourly minimum wage...
Virginia Budget Update

Virginia Budget Update

Today, December 20th, Governor Youngkin presented his biennial budget proposal to the Joint Money Committees members. One of the big proposals in his budget is reducing the state income tax by 12%, while in turn increasing the state sales tax overall as well as...