IRB PROJECT MINIMUM WAGE
What changed between versions
Updated the statute title and text to clearly state that industrial revenue bond projects must pay prevailing wages and comply with Section 13-4-11 NMSA 1978.
Added requirements for contractors to post prevailing wage rates prominently at work sites and to withhold payments if underpayment is suspected.
Added new provisions granting the director authority to issue subpoenas and attach assurance of payment bonds when probable cause exists of a wage violation.
Added a new complaint filing procedure allowing workers to file complaints with the director and request mediation within 30 days.
Reorganized and clarified the definition of prevailing wage determination procedures, including how rates are set when no collective bargaining agreements exist in a locality.
Removed bracketed editorial marks and formatting artifacts from the original bill text to produce clean final legislation.