“Florida voters have said yes to increasing the state’s minimum wage to $15.
They did so by approving Amendment 2, which increases the state’s minimum wage from $8.56 to $15 by September 30, 2026, according to the New York Times and the Associated Press. The change is incremental, with employers being asked to increase wages, essentially, by $1 a year. The amendment also specifies that as of September 30, 2027, Florida must adjust its state minimum wage based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), meaning wages will be adjusted up or down as consumer prices change. The same measure is used to calculate changes in Social Security benefits.”