To repeal the wage rate requirements commonly known as the Davis-Bacon Act.

Davis-Bacon Repeal Act This bill repeals the Davis-Bacon Act (which requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally-financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public works). The bill states that references in any law to a wage requirement of the Davis-Bacon Act after enactment of this bill shall be null and void.