ANNAPOLIS, Md. —Maryland's minimum wage and the state's gas tax are going up. Here's a look at some new laws that take effect Friday:
Maryland's minimum wage will rise from $8.25 to $8.75. It's the latest bump scheduled to take effect since lawmakers in 2014 approved increases over several years from $7.25. It is scheduled to go up to $9.25 next year and reach $10.10 in July 2018.
The state's gas tax will rise nine-tenths of a cent to 33.5 cents. Lawmakers approved several increases in 2013, with regular hikes to adjust for inflation. The state's gas tax has gone up a dime since 2013, when lawmakers approved the first increase in 20 years from 23.5 cents.
A state-sponsored retirement savings plan goes into effect. IRAs will be created for private-sector employees without access to a workplace savings program with their employer. Employees would need to make the contributions and can opt out of the program. The law applies to employers using an automated payroll system who don't already offer a retirement program.