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modify the annual minimum wage adjustment.
This bill changes South Dakota's minimum wage adjustment from happening every year to every two years, starting January 1, 2025. Instead of comparing the cost of living year-over-year, the state will now measure inflation over a two-year period before adjusting the wage. The minimum wage will still be rounded up to the nearest five cents and can never decrease.
ensure contracts made for construction and maintenance on public works be compensated to the real value of the services performed.
South Dakota would establish a prevailing wage requirement for all public works construction and maintenance projects funded by state money, requiring contractors to pay workers based on the highest wage rates and benefits paid to similar workers in that county or area. The bill caps the standard workweek at 40 hours and the workday at 8 hours, and requires contractors to pay for health, welfare, vacation, and pension benefits in addition to hourly wages. This ensures that workers on state-funded construction projects receive compensation matching what the majority of workers in their trade earn locally.