If a bill establishing a minimum wage of at least $30 per hour for New York City set to go in effect 2030 or earlier has become law in New York City before Jan 1, 2027, then the market resolves to Yes.
Additional Conditions
Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law. For standard legislation requiring executive approval, this includes final passage by all required legislative bodies, executive signature OR becoming law despite executive inaction OR successful veto override, and satisfaction of any required waiting periods. For legislation not requiring executive approval, this includes final passage and completion of required waiting periods. For constitutional amendments, this includes passage with required supermajorities and completion of ratification processes. For executive orders, this includes official signature, publication in official government records, and legal effectiveness. Legislative passage without completed executive action, passage by only some required bodies, provisional passage, non-binding resolutions, and draft orders do not constitute enactment. Enactment occurs when all requirements are completed, regardless of pending judicial challenges.
Resolution Sources
- ABC
- Axios
- Bloomberg News
- CBS
- CNN
- Fox News
- geography’s official government websites
- in hierarchical order: geography’s legislative bodies
- major newspapers in geography
- MSNBC
- NBC
- Politico
- relevant governmental agency in geography
- Reuters
- Semafor
- the Associated Press
- the Federal Register
- The Information
- The New York Times
- The Source Agencies are
- The United States Congress
- The Wall Street Journal
- The Washington Post
- The White House