T he Michigan House of Representatives will look into raising the state's minimum wage, after a bill passed the Senate Thursday.
T his pay raise would mean a lot for many families, but also would mean big changes and possible headaches for local businesses.
R obert Keedy prides himself in offering competitive wages at his three restaurants in Petoskey.
B ut over the last year , he has been anticipating a statewide change.
"I t has been a long time since there has been a minimum wage increase, so i'm not surprised that it's moved forward ," Keedy, Wine Guys Restaurant Group Co-Owner said.
The bill that just passed would increase the minimum wage from for regular workers from $7.40 to $9.20 by the year 2017.
F or tipped employees it would bump from $2.65 to $3.50 an hour.
"I think a lot of our businesses would be concerned with the increase in minimum wage ," Paul Beachnau, Gaylord Chamber of Commerce Executive Director said.
H igher wages means extra costs being absorbed by these small businesses.
"I t ' s very hard to make money when your that small and to continue to offer that employment, I just think our legislature needs to be very very careful," Beachnau said.
T his would come at a time where small businesses are already adapting to recent boosts in property taxes and changes that come with the Affordable Care Act.
"C ertainly those are important items , but at the end of the day it seems like the business owner has to bear those costs ," Beachnau explained.
K eedy and many other owners in town say they are already offering wages higher than the current state minimum.
H owever , if it were to go up , businesses may have to make sacrifices to stay competitive.
H ow much would this change cost consumers?
"I don't know, " Keedy explained. "W e'd have to look at it, we either have to make less money or raise the prices ."