1. (b) Statutory minimum wage, for each hour worked in:

   1. (1) New York City for:

      1. (i) Large employers of 11 or more employees:

         $11.00 per hour on and after December 31, 2016;

         $13.00 per hour on and after December 31, 2017;

         $15.00 per hour on and after December 31, 2018;

      2. (ii) Small employers of 10 or fewer employees:

         $10.50 per hour on and after December 31, 2016;

         $12.00 per hour on and after December 31, 2017;

         $13.50 per hour on and after December 31, 2018;

         $15.00 per hour on and after December 31, 2019;

   2. (2) Remainder of downstate (Nassau, Suffolk and Westchester counties):

      $10.00 per hour on and after December 31, 2016;

      $11.00 per hour on and after December 31, 2017;

      $12.00 per hour on and after December 31, 2018;

      $13.00 per hour on and after December 31, 2019;

      $14.00 per hour on and after December 31, 2020;

      $15.00 per hour on and after December 31, 2021;

   3. (3) Remainder of State (outside of New York City and Nassau, Suffolk and Westchester counties):

      $9.70 per hour on and after December 31, 2016;

      $10.40 per hour on and after December 31, 2017;

      $11.10 per hour on and after December 31, 2018;

      $11.80 per hour on and after December 31, 2019;

      $12.50 per hour on and after December 31, 2020;

      $13.20 per hour on and after December 31, 2021.

   4. (4) If a higher wage is established by Federal law pursuant to 29 U.S.C. section 206 or its successors, such wage shall apply.

(a) Definition of nonprofitmaking institution.

Nonprofitmaking institution means any corporation, unincorporated association, community chest, fund or foundation organized and operated exclusively for religious, charitable or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual.