CS FOR HOUSE BILL NO. 155(FIN) "An Act relating to the submission of payroll information by contractors and subcontractors performing work on a public construction contract; requiring a notice of work by employers on public construction contracts; providing for the withholding of final payment for public construction contracts; and providing for an effective date." This was the first hearing for this bill in the Senate Finance Committee. Senator Taylor moved to report the bill from Committee and objected to the motion for purpose of discussion. GREG O'CLARY, Commissioner, Department of Labor and Workforce Development informed that this is revenue-generating legislation, as it would require a prevailing wage rate-filing fee to be paid to the State by the construction industry when they are involved in a public construction project. He explained that the revenue generated from this fee would replace Department demands on the general fund, which, he asserted, would enhance the Department's efforts to support the Administration's goal of reducing the State's budget to lessen the need for Constitutional Budget Reserve (CBR) fund draws. He referred the Committee to the accompanying Department fiscal note that reflects a positive $2.5 million in revenue. He noted the Department's request to add an accounting clerk position to handle these filings, and he furthered that the legislation would permit the industry to file wage information on a bi-weekly basis rather than the weekly basis as currently required. Additionally, he noted, an online payroll filing system would be implemented to lessen filing requirement demands on the industry. Co-Chair Green stated that originally there was opposition to this legislation. Mr. O'Clary clarified that the current version of the bill has no opposition. Senator Taylor removed his objection to the motion. There being no further objection, CS HB 155(FIN) was REPORTED from Committee with previous fiscal note #2 from the Department of Labor and Workforce Development.