Last week, the Treasury released Notice 2022-61 (the “Notice”) with additional guidance on the “prevailing wage and apprenticeship” requirements tied to many of the new or updated tax incentives in the Inflation Reduction Act. Two important takeaways: 1. While we did receive some new information on how the wage and apprenticeship requirements will work (more on that below), this additional guidance is pretty sparse and some key questions are still left unanswered. The Notice did say that further guidance would be forthcoming, possibly as proposed regulations, so we know that more is on the way.