Bill > S3092

This bill aims to update and modernize wage determination processes for affordable housing projects by modifying how prevailing wage rates are calculated and surveyed. Specifically, the bill establishes a Davis-Bacon Modernization Working Group composed of representatives from various federal agencies and industry stakeholders to review and recommend changes to wage rate requirements. The bill modifies existing laws to allow for more flexible wage rate determinations based on geographic groupings, metropolitan statistical areas, and residential project characteristics, and requires the Secretary of Labor to review and improve survey methodologies for collecting prevailing wage data. The working group will investigate potential ways to streamline wage requirements for affordable housing projects, potentially adjusting how residential classifications are applied to multi-story housing units and exploring whether the Bureau of Labor Statistics could more objectively determine prevailing wages. Additionally, the bill updates several existing housing-related laws to reference the new wage determination framework, ensuring consistency across different housing programs. The goal is to potentially reduce administrative burdens and improve the accuracy of wage rate calculations while maintaining fair compensation for workers in the housing construction industry.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/3092/all-info