The proposed bill seeks to amend the Living Wage Act of 2006, establishing a new living wage rate of $17.50 per hour effective January 1, 2025, which will increase to $17.95 per hour on July 1, 2025. This requirement applies to contracts valued at $100,000 or more, as well as to subcontractors receiving $15,000 or more, and recipients of government assistance of $100,000 or more and their subcontractors receiving $50,000 or more. The bill also outlines specific exemptions from the living wage requirement, including contracts subject to higher federal wage determinations, existing collective bargaining agreements, and certain service contracts related to utilities or emergency responses.

In addition to the living wage adjustments, the bill includes updates to wage determinations for various occupations, introducing new wage rates for positions such as Accounting Clerk II and III, and Administrative Assistant, while also deleting wage rates for roles like Customer Service Representative I and Dishwasher. The bill emphasizes compliance with minimum wage requirements under Executive Orders 14026 and 13658, ensuring fair compensation and working conditions for federal contract employees. Furthermore, it establishes enforcement mechanisms through the Department of Employment Services and provides a process for filing claims if contractors fail to meet the living wage standards.