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MN SF747

MN SF747
Prevailing wage agreements requirement for projects funded in whole or in part with renewable development account funds


summary

Introduced
01/25/2023
In Committee
03/02/2023
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to prevailing wages; requiring prevailing wage agreements for projects funded in whole or in part with renewable development account funds; amending Minnesota Statutes 2022, section 116C.779, subdivision 1.

AI Summary

This bill amends Minnesota Statutes to require prevailing wage agreements for construction projects funded in whole or in part with renewable development account funds. The renewable development account is a separate account in the state treasury that receives funds from public utilities that own nuclear power plants in Minnesota. The funds in the account can be used for research and development of renewable energy technologies, grid modernization, and other innovative energy projects. The bill specifies that construction projects receiving funds from this account must pay workers the prevailing wage rate and comply with related requirements and enforcement provisions. This change takes effect the day after final enactment and applies to construction contracts entered into on or after that date.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Labor and Employment

Sponsors (5)

Last Action

Comm report: To pass as amended and re-refer to Finance (on 03/02/2023)

bill text


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