Relating to the application of prevailing wage rates; declaring an emergency.
Catchline/Summary:
Modifies definition of "public works."
Classifies exemption from ad valorem property taxation as funds of public agency for purpose of imposing prevailing rate of wage. Modifies definition of "public works." Requires payment of prevailing rate of wage in connection with public works for which funds of public agency are used, including funds received in form of tax credit or tax abatement.]
Exempts projects that are privately owned and that use private funds and not more than certain amount of funds of public agency from prevailing wage requirements.]
Classifies exemption from ad valorem property taxation as funds of public agency for purpose of imposing prevailing rate of wage. Requires city, county or other sponsor of enterprise zone to notify Commissioner of Bureau of Labor and Industries of any exemption from ad valorem property taxation connected with public works located in sponsor's enterprise zone.
Requires sponsor of enterprise zone in which public works is located to pay specified fee. Creates procedures by which multiple public agencies that award contract for public works or multiple sponsors that designate enterprise zone in which public works is located must apportion fees and receive certified statements.
Declares emergency, effective on passage.
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