Prohibits use of prevailing wage fringe benefit portion of prevailing wage rate to fund certain bonus programs.

This bill prohibits employers from using the fringe benefit portion of the prevailing wage rate to fund bonus, incentive, or retention programs for employees. It also prevents employers from automatically enrolling workers in specific pension or retirement plans designed to meet prevailing wage requirements without first obtaining written consent. Employees who opt out of such retirement programs will still receive their required fringe benefits through other allowable methods. The law does not apply to workers employed by companies that have collective bargaining agreements used to determine prevailing wage rates.