Fraud Prevention, Prevailing Wage, and Living Wage - Prohibitions, Penalties, and Enforcement

SB 60 prohibits employers from knowingly creating false records that cause underpayment of unemployment insurance contributions or overpayment of benefits exceeding $15,000 annually. It requires civil penalties from fraud violations to be deposited into the Unemployment Insurance Fund or used for worker restitution if prevailing wage laws were violated. The bill empowers the Attorney General to investigate and sue for workplace fraud, and allows licensing authorities to suspend licenses for serious fraud violations. It directly affects employers who commit wage or unemployment fraud, workers who may receive restitution, and state agencies enforcing labor and procurement laws.