![Jerry Brown, Holly Diaz: FILE - In this Monday, March 28, 2016 photo, Gov. Jerry Brown is hugged by Holly Dias, a Burger King employee who praised Brown's announcement of proposed legislation to increase the state's minimum wage to $15 per hour by 2022, during a news conference in Sacramento, Calif. On Monday, April 4, 2016, Brown is set to sign the legislation into law in Los Angeles.]({"default":{"load":"default","w":"73","h":"56","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BBrjFml.img?h=565&w=728&m=6&q=60&o=f&l=f&x=782&y=814"},"size3column":{"load":"default","w":"62","h":"48","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BBrjFml.img?h=485&w=624&m=6&q=60&o=f&l=f&x=782&y=814"},"size2column":{"load":"default","w":"62","h":"48","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BBrjFml.img?h=485&w=624&m=6&q=60&o=f&l=f&x=782&y=814"}})
SACRAMENTO, Calif. — California's governor is signing a bill giving the most populous state the nation's highest statewide minimum wage.
Raising the base wage to $15 an hour by 2022, and a similar effort in New York, mark the most ambitious moves yet to close the national divide between rich and poor.
But Republicans and business groups say Gov. Jerry Brown's signing of the bill Monday could cost thousands of jobs.
A legislative analysis puts the ultimate cost to taxpayers at $3.6 billion a year in higher pay for government employees.
Democratic lawmakers approved the compromise legislation Thursday. SB3 passed with no Republican support.
The bill will bump the state's $10 hourly minimum by 50 cents next year and to $11 in 2018.
Hourly $1 raises will then come every January until 2022.
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