Question
A Southern State enacted the Fair Minimum Wage Act (FMWA), which establishes fair working standards including a state-wide minimum wage of $15. The FMWA includes
A Southern State enacted the Fair Minimum Wage Act (FMWA), which establishes fair working standards including a state-wide minimum wage of $15. The FMWA includes floor preemption. What does that mean?
It disallows local laws that require a higher minimum wage (e.g., $20) than set by the State
It allows local governments to enact laws requiring a higher minimum wage (e.g., $20) than set by the State
It disallows additional state laws that regulate fair working standards
It allows local governments to enact laws requiring a lower minimum wage (e.g., $10) than set by the State
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
