The law, passed in 2012, would have guaranteed workers higher than minimum wage pay rates in organizations or businesses that received $ 1 million or more in city subsidies or development aid. (dnainfo.com)
The measure establishes a floor for total wages and benefits that must be paid to any private enterprise receiving more than a million dollars in city subsidies. (gaycitynews.nyc)
Council Speaker Christine Quinn defended the bill yesterday as balanced, noting that it was changed substantially to exclude tenants of developers receiving city subsidies. (nypost.com)