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House OKs Bill That ‘Expands’ Prevailing Wage Requirements

Published Monday, May 6, 2024
by Labor News Story Link To Finance-Commerce.com
House OKs Bill That ‘Expands’ Prevailing Wage Requirements

Brian Johnson at Finance-Commerce.com reports on a far-ranging Bill related to transportation spending, housing and labor that has cleared the House floor, despite pushback from critics who say its Worker protection language would make it more expensive to build low-income housing.  House File 5242 allocates nearly $79 million in Trunk Highway Funds to a variety of transportation projects, much of which would go to high-priority bridges ($40 million) and facilities improvements ($20.1 million).  Union Leaders are paying particular attention to the Bill’s labor provisions, including language that would expand Prevailing Wage Mandates to certain multi-family housing projects receiving Low-Income House Tax Credits (LIHTC) or Tax Increment Financing.  Union Reps and other supporters of that language say it’s only right to make sure Workers are taken care of on publicly supported projects.

To Read This Labor News Story In Its Entirety, Go To: House OKs bill that expands prevailing wage requirements | Finance & Commerce (finance-commerce.com)

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