On what was scheduled to be the last day of Virginia’s legislative session, lawmakers struck a deal late Saturday night to raise the state’s minimum wage to $12 over the next three years. According to WWBT, The bill would increase the wage to $9.50 an hour on Jan. 1, $11 in 2022 and $12 in 2023. It also calls for a study of a regional minimum wage – an approach for which lawmakers in the Senate had been advocating. After that study is complete, lawmakers would vote in 2024 whether to continue increasing the wage to $13.50 in 2025 and $15 in 2026.