Relating to the Bureau of Labor and Industries; prescribing an effective date.
What changed between versions
Removed the requirement for the Legislative Policy and Research Director to conduct a study on how other states fund labor agencies.
Requires the Bureau of Labor and Industries to submit biennial reports on whether the increased fees generate enough revenue to meet staffing needs.
Removed the sunset provision that would have ended the study requirement on January 2, 2028.
Created a new BOLI Expenses Fund in the State Treasury to pay for Bureau of Labor and Industries positions.
Directed the Department of Consumer and Business Services to set assessment rates to fund the new BOLI Expenses Fund.
Raised the maximum fee amount paid by public agencies for public works contracts subject to prevailing wage rates.
Prohibits transferring money from the Workers' Benefit Fund to the new BOLI Expenses Fund.