AN ACT CLARIFYING THE APPLICABILITY OF THE PREVAILING WAGE STATUTE.

SB 395 clarifies that Connecticut's prevailing wage statute applies only to construction projects funded with public money, not to projects using private funding. This affects contractors working on municipal housing or economic development projects where public funds are involved. The bill specifically amends Section 31-53 of state law to exclude private dollars from the wage requirements. Its stated purpose is to encourage private investment in affordable housing and local development initiatives. The change directly limits the statute's reach to public-funded work, leaving private projects unaffected.