Montana: The annual minimum wage increase goes into effect.
January 1, 2024
Montana law requires an annual review of its minimum wage and the minimum wage must be increased by the percentage the cost of living has changed from the prior August to the August in the year the review is conducted. The cost of living change is based on the consumer price index. Any change to the minimum wage takes effect on January 1 of the following year. MT Code 39-3-409(2)