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NY S05868

NY S05868
Relates to prevailing wage requirements applicable to brownfield remediation work performed under private contract as it relates to certain remediation activities, for sites that are seeking or have received a determination that the site is eligible for the tangible property credit component of the brownfield redevelopment tax credit, and the work is paid for in whole or in part by public funds.


summary

Introduced
03/20/2023
In Committee
06/04/2024
Crossed Over
06/04/2024
Passed
12/19/2024
Dead
Vetoed
12/21/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the environmental conservation law and the labor law, in relation to prevailing wage requirements applicable to brownfield remediation work performed under private contract

AI Summary

This bill amends the Environmental Conservation Law and the Labor Law to establish prevailing wage requirements for brownfield remediation work performed under private contract. The key provisions are: 1. Brownfield sites seeking or having received eligibility for the tangible property credit component of the brownfield redevelopment tax credit must comply with prevailing wage requirements if the work is paid for in whole or in part by public funds of at least 30% of the total project costs over $5 million. 2. Prevailing wage requirements apply to certain brownfield remediation activities, but not to other specified activities. 3. The Labor Law Commissioner is designated as the "fiscal officer" responsible for enforcing the prevailing wage requirements. 4. The bill also requires reporting on the participation of minority- and women-owned businesses and workforce diversity practices in these brownfield remediation projects. The bill aims to ensure prevailing wages are paid for significant brownfield remediation projects that receive public funding, while also promoting opportunities for minority- and women-owned businesses and workforce diversity.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (30)

Last Action

VETOED MEMO.132 (on 12/21/2024)

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