Requires a qualifying employer to pay each of his or her employees who has reached the age of eighteen years as follows: (1) From January 1, 2017, until January 1, 2018, wages at a rate of not less than nine dollars and fifty-three cents per hour; and

(2) From January 1, 2018, and each following January 1st, wages at a rate not less than the adjusted minimum wage rate below.

Requires the department of labor and industries, on September 30, 2017, and each following September 30th, to calculate an adjusted minimum wage rate to maintain employee purchasing power by increasing the current year's minimum wage rate by the rate of inflation.