Relating to community benefit contracts; and prescribing an effective date.

Permits contracting agency or local contract review board or local contracting agency ] to enact or adopt, as appropriate, ordinance, resolution, rule, regulation or other legislative or administrative measure to designate certain public improvement contracts as community benefit contracts. Specifies elements that community benefit contract must incorporate. Specifies duties of contracting agency or local contract review board or local contracting agency ] before advertising, soliciting or awarding community benefit contract. Permits contracting agency to prequalify bidders or proposers to submit bids or proposals for community benefit contracts. Takes effect on 91st day following adjournment sine die.