Reduces threshold cost, from $5 million to $3 million, of public works projects which may include project labor agreements.

This bill reduces the minimum cost threshold for public works projects that may include project labor agreements from $5 million to $3 million. It affects state and local government entities (such as counties, municipalities, and school districts) managing construction, renovation, or demolition projects over $3 million. The key change expands the scope of projects where project labor agreements - pre-hire contracts between employers and unions - can be required. This adjustment lowers the financial barrier for applying such agreements to smaller public construction projects.