The bill amends Section 13-4-11 of the New Mexico Statutes to require that all projects undertaken by municipalities or counties through the issuance of industrial revenue bonds must pay the prevailing wage and adhere to the provisions outlined in the Public Works Minimum Wage Act. This includes stipulations for contracts exceeding $60,000, which must specify minimum wages and fringe benefits based on prevailing rates for similar labor classifications in the locality. The bill emphasizes the importance of timely payment to laborers and mechanics, mandates the posting of wage rates at project sites, and establishes procedures for addressing complaints regarding wage violations.

Additionally, the bill grants the director the authority to issue subpoenas for documents related to public works projects and to withhold payments if there is probable cause to believe a violation has occurred. It also outlines the process for filing complaints regarding wage underpayment, including timelines for investigation and resolution. The inclusion of these provisions aims to ensure compliance with wage standards and protect the rights of workers involved in public works projects funded by industrial revenue bonds.

Statutes affected:
introduced version: 13-4-11
Final Version: 13-4-11