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NY S05868
Bill
Status
12/21/2024
Primary Sponsor
Peter Harckham
Click for details
AI Summary
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Adds prevailing wage requirements for construction workers performing remedial activities on brownfield sites seeking tangible property tax credits, with an exception for affordable housing projects.
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Makes brownfield sites ineligible for tangible property tax credits if remedial work is performed by workers paid below the prevailing wage rate set by Labor Law Section 220, unless the site is an affordable housing project.
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Authorizes the Department to terminate brownfield site cleanup agreements if applicants fail to comply with prevailing wage requirements for remedial activities.
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Subjects prevailing wage compliance for remedial activities to enforcement under Labor Law Sections 220, 220-a, 220-b, 223, and 224-b, with jurisdiction vested in the fiscal officer.
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Takes effect immediately and applies to all state contracting opportunities advertised after the effective date, excluding contracts issued or solicited prior to enactment.
Legislative Description
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.
Last Action
VETOED MEMO.132
12/21/2024