The Davis-Bacon Repeal Act would eliminate federal wage requirements that currently apply to workers on federally funded construction projects. The Davis-Bacon Act, in place since 1931, requires contractors working on federal projects to pay workers prevailing wages in their region, which supporters argue protects worker standards and opponents say increases project costs. This bill would repeal those wage protections entirely, affecting construction workers on any federally funded infrastructure, building, or public works projects. The repeal would take effect 30 days after the bill becomes law but would not apply to construction contracts already in place or bids already issued at that time. No specific funding is involved since this is a repeal of existing requirements rather than a new spending measure.