The following submission statement was provided by /u/WallStreetDoesntBet:

2020 Florida Amendment 2 was an amendment to the Constitution of Florida that passed on November 3, 2020, via a statewide referendum concurrent with other elections. The amendment sets to increase the state's hourly minimum wage to $15 by 2026.

Effective September 30th, 2021, Florida’s will raise minimum wage to $10.00 per hour. Each September 30th thereafter, minimum wage shall increase by $1.00 per hour until the minimum wage reaches $15.00 per hour on September 30th, 2026. From that point forward, future minimum wage increases shall revert to being adjusted annually for inflation starting September 30th, 2027.

Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/xx0mfw/how_floridas_increased_minimum_wage_could_impact/ir9d5nx/