New Jersey § 55:14k-42

Full text of New Jersey New Jersey Statutes § 55:14k-42, with citation guidance and answers to common questions.

§ 55:14k-42.

Each qualified housing sponsor granted a loan from the agency, or any builder, contractor

or subcontractor engaged by the qualified housing sponsor for the construction or

rehabilitation of any housing project, shall pay the workmen employed in the performance

of any contract for such construction or rehabilitation not less than the prevailing

wage rate. The prevailing wage rate shall be determined by the Commissioner of the New Jersey

Department of Labor in all cases, except that the prevailing rate shall be determined

by the Secretary of the United States Department of Labor in accordance with the Davis-Bacon

Act as amended ( 40 U.S.C. 276a to 276a-5 ), 1 when the loan from the agency for the construction or rehabilitation of a housing

project or the tenants of the housing project is the subject of direct or indirect

federal assistance other than the federal tax exemption of the interest paid on the

agency obligations. The Commissioner of Labor is authorized to, and shall, determine the prevailing wage

rate and shall establish the prevailing wage in the locality in which the construction

or rehabilitation of any housing project is to be performed for each craft or trade

or classification of all workmen employed in the performance of such construction

or rehabilitation, as if such construction or rehabilitation were “public work” within

the meaning of P.L.1963, c. 150 ( C. 34:11-56.25 et seq. ). For the purpose of carrying out the provisions of this section, the Commissioner

of Labor and any workmen employed in the performance of any contract for the construction

or rehabilitation of any housing project shall have and may exercise or perform any

right, power or duty granted or imposed upon them by P. L. 1963, c. 150. 1

U.S.C.A. §§ 276a to 276a-5.

Frequently Asked Questions About New Jersey § 55:14k-42

What does New Jersey Statutes § 55:14k-42 cover?

Section 55:14k-42 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New Jersey § 55:14k-42?

A common citation format is "New Jersey Statutes § 55:14k-42" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New Jersey law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.

How does New Jersey § 55:14k-42 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.