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Bill > HB137


NM HB137

NM HB137
Public Contracts & Minimum Wage Increases


summary

Introduced
01/25/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC CONTRACTS; REQUIRING THAT PUBLIC CONTRACTS PROVIDE FOR INCREASED CONTRACTOR AND SUBCONTRACTOR REIMBURSEMENT AND WORKER WAGE INCREASES IN ACCORDANCE WITH AND CONCURRENT WITH STATE MINIMUM WAGE INCREASES.

AI Summary

This bill requires that public contracts for services include provisions to increase reimbursement to contractors and subcontractors to cover any increases in the state minimum wage. It also mandates that individuals employed under such contracts or subcontracts and paid the minimum wage must receive wage increases concurrent with increases in the state minimum wage. The key terms defined in the bill are "contract" (any agreement for the procurement of services), "services" (the furnishing of labor, time or effort not involving the delivery of a specific end product), and "subcontract" (a subordinate contract to procure services under the terms of a superordinate contract).

Sponsors (2)

Last Action

Action Postponed Indefinitely (on 01/25/2022)

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