The General Assembly has passed a statute that prevents local units of government from regulating the minimum wage paid by private employers.  Under the new statute – Ind. Code § 22-2-2-10.5 – a unit of government may not require employers to pay a minimum wage that exceeds that required by state or federal law.  The new statute does not apply to “wage rates in a contract to which the unit is a party,” indicating that local units remain free to set wages through their own contract.