The bill establishes a new requirement for employers in Iowa to pay employees one and one-half times their regular wage rate for work performed on specific holidays. These holidays include legal public holidays, paid holidays, federal holidays observed by the United States Postal Service, and banking holidays observed by the Federal Reserve. This provision aims to ensure that employees are compensated fairly for working on days that are typically recognized as holidays.

Additionally, the bill outlines that enforcement of this wage requirement will be conducted in accordance with Code chapter 91A, which allows for the recovery of damages and civil penalties by the director of the department of inspections, appeals, and licensing. This framework is intended to provide employees with protections and remedies if their rights under this new wage provision are violated.