By  on April 1, 2013

ALBANY, NY — The final New York State budget bills were passed late Friday, including a provision that will raise the minimum wage.

The increase to $8 an hour in 2014, to $8.75 in 2015 and to $9 in 2016 comes with a high cost to taxpayers. The taxpayer credits are estimated to cost $23 million in 2015.

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