Oregon SB1566 exempts certain affordable housing projects from prevailing wage requirements.

Oregon SB1566 modifies the definition of "funds of a public agency" to exclude certain grants, fees, and tax credits. It exempts specific affordable housing projects from prevailing wage requirements, including those serving occupants with incomes up to 60% of the area median income. The bill also allows the Commissioner of the Bureau of Labor and Industries to adopt different definitions for residential construction. The changes take effect on the 91st day after the 2026 legislative session adjourns.

Oregon SB1566 exempts certain affordable housing projects from prevailing wage requirements.

Oregon SB1566 modifies the definition of "funds of a public agency" to exclude certain grants, fees, and tax credits. It exempts specific affordable housing projects from prevailing wage requirements, including those serving occupants with incomes up to 60% of the area median income. The bill also allows the Commissioner of the Bureau of Labor and Industries to adopt different definitions for residential construction. The changes take effect on the 91st day after the 2026 legislative session adjourns.