Reduces the minimum cost threshold for public works projects eligible for project labor agreements from $5 million to $3 million.

This bill amends P.L.2002, c.44 to lower the minimum cost threshold for public works projects that may include project labor agreements from $5 million to $3 million. A project labor agreement is a pre-hire collective bargaining agreement covering terms and conditions of a specific project. The bill defines "disadvantaged community," "low-income household," "political subdivision," and "project labor agreement." The change takes effect immediately upon enactment.

Reduces the minimum cost threshold for public works projects eligible for project labor agreements from $5 million to $3 million.

This bill amends P.L.2002, c.44 to lower the minimum cost threshold for public works projects that may include project labor agreements from $5 million to $3 million. A project labor agreement is a pre-hire collective bargaining agreement covering terms and conditions of a specific project. The bill defines "disadvantaged community," "low-income household," "political subdivision," and "project labor agreement." The change takes effect immediately upon enactment.