Relates to prevailing wage requirements applicable to brownfield remediation work performed under private contract as it relates to certain remediation activities, for sites that are seeking or have received a determination that the site is eligible for the tangible property credit component of the brownfield redevelopment tax credit, and the work is paid for in whole or in part by public funds.
Summary
Bill S05379 amends the environmental conservation law and labor law to establish prevailing wage requirements for brownfield remediation work performed under private contracts. The bill specifies that such work is subject to prevailing wage laws if it involves certain remediation activities and is funded in part by public funds, particularly when the project costs exceed five million dollars and at least thirty percent of the funding comes from public sources. The legislation aims to ensure fair compensation for workers involved in the cleanup of contaminated sites, thereby promoting both environmental restoration and labor rights.
The bill outlines specific conditions under which sites can qualify for tangible property tax credits related to brownfield redevelopment. It also introduces compliance measures for contractors and developers, mandating adherence to prevailing wage requirements and reporting on the participation of minority and women-owned businesses in these projects. The enforcement of these provisions is designed to enhance accountability and transparency in the use of public funds for environmental remediation efforts.
Impact
If enacted, Bill S05379 will significantly impact state laws regarding labor standards and environmental remediation practices. It will enforce prevailing wage requirements on brownfield remediation projects that meet the specified criteria, thereby aligning labor compensation with state wage laws. This change is expected to elevate wage standards for workers in the remediation sector and ensure that public funds are utilized effectively while promoting diversity and inclusion in contracting practices.
Sentiment
The sentiment surrounding Bill S05379 appears to be largely positive, as indicated by the voting history, which shows strong support in both the Senate and Assembly. The bill passed the Senate Floor Vote with 51 votes in favor and only 8 against, and it received overwhelming support in the Assembly with 140 votes in favor and just 5 against. This suggests a consensus among legislators regarding the importance of fair wages and environmental responsibility.
Contention
While the overall sentiment is supportive, there may be points of contention regarding the implementation of the prevailing wage requirements and the potential impact on project costs. Some opponents may argue that these requirements could deter private investment in brownfield projects or complicate the bidding process for contractors. However, proponents emphasize the need for fair wages and the long-term benefits of investing in clean and safe environments.
Same As
Relates to prevailing wage requirements applicable to brownfield remediation work performed under private contract as it relates to certain remediation activities, for sites that are seeking or have received a determination that the site is eligible for the tangible property credit component of the brownfield redevelopment tax credit, and the work is paid for in whole or in part by public funds.
Relates to prevailing wage requirements applicable to brownfield remediation work performed under private contract as it relates to certain remediation activities, for sites that are seeking or have received a determination that the site is eligible for the tangible property credit component of the brownfield redevelopment tax credit, and the work is paid for in whole or in part by public funds.
Extends the tangible property credit component of the brownfield redevelopment tax credit for certain qualified sites which contain 40% open space and 25% affordable housing units.
Expands Brownfields Redevelopment Incentive Program to provide tax credits to developers of residential redevelopment projects undertaken on remediated brownfield sites.
Expands the eligibility of the brownfield redevelopment tax credit; reduces the population numbers to make more qualified sites eligible for such tax credit.
Expands the eligibility of the brownfield redevelopment tax credit; reduces the population numbers to make more qualified sites eligible for such tax credit.
Extends the duration of certain brownfield redevelopment and remediation tax credits for 125 Bath Street within the village of Ballston Spa, Saratoga county.