By Associated Press - Friday, January 17, 2014

JUNEAU, Alaska (AP) - Supporters of an effort to raise the state’s minimum wage plan to turn in signatures with hopes of getting the issue on the August ballot.

The ballot group Alaskans for a Fair Minimum Wage, in a release, said it planned to submit more than 43,000 signatures to Division of Elections in Anchorage on Friday.

Just over 30,000 qualified signatures are needed.

The current minimum wage is $7.75 an hour in Alaska. The proposal would raise that to $8.75 on Jan. 1, 2015, and to $9.75 a year later. The wage would be adjusted annually for inflation annually after that. If the resulting minimum wage is less than a dollar over the federal minimum wage, it would then be set at $1 an hour over the federal minimum wage.

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