Relates to prevailing wage requirements applicable to construction projects performed under private contract; repealer

This bill updates rules for when construction projects must pay local prevailing wages. It applies to projects using at least 20% public funds (or $3 million/$5 million in public funds) for construction costs. Exemptions include single-family homes, small nonprofits, and certain affordable housing developments meeting specific affordability requirements. This affects contractors and developers working on qualifying projects funded in part by public money.