News & Analysis as of

Apprenticeships Contractors

Cozen O'Connor

A Cocktail of Labor Policy, Energy Policy & Tax Policy: Prevailing Wage and Apprenticeship Rules

Cozen O'Connor on

The Inflation Reduction Act (the IRA) awards renewable energy tax credits1 for creating (or investing in) property that produces or generates renewable energy and clean energy fuels. Those credits are enhanced if the...more

Vinson & Elkins LLP

The Very Timely PWA Requirements Finalized

Vinson & Elkins LLP on

On June 18, 2024, the Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (T.D. 9998) (the “Final Regulations”) regarding compliance with the prevailing wage...more

Cole Schotz

New Jersey Tightening the Screws on its Home Improvement Contractor Licensing Requirements

Cole Schotz on

On January 8, 2024, the State of New Jersey enacted a new law, mandating additional licensing requirements for home improvement and home elevation contractors, with the aim of further protecting New Jersey homeowners and...more

Paul Hastings LLP

Treasury Issues Long-Awaited Wage and Apprenticeship Regulations for Energy Tax Credits

Paul Hastings LLP on

The Inflation Reduction Act of 2022 introduced significant changes to the renewable energy tax credit landscape. One of the most notable of these changes, in addition to the broader goals of combating climate change and...more

Procopio, Cory, Hargreaves & Savitch LLP

Seeking Increased Renewable and Clean Energy Federal Tax Credits? You Must Act Soon

Those seeking to obtain increased federal tax credits for their renewable and/or clean energy projects under the Inflation Reduction Act (“Act”) have until late January 2023 to take the steps necessary for compliance. The Act...more

Foley Hoag LLP

Labor Impacts of IRS’ Initial Guidance on Prevailing Wage and Apprenticeship Requirements for Energy Projects

Foley Hoag LLP on

On November 30, 2022, the Internal Revenue Service (IRS) published Notice 2022-61 (the Notice), providing initial guidance on the prevailing wage and apprenticeship requirements applicable to certain provisions of the...more

Bradley Arant Boult Cummings LLP

The clock is ticking on the IRA’s prevailing wage and apprenticeship requirements

Renewable energy developers and contractors have been anticipating the Treasury Department and IRS’s initial guidance on what is required to satisfy the prevailing wage and apprentice requirements under the Inflation...more

Sheppard Mullin Richter & Hampton LLP

Inflation Reduction Act: Wage and Apprenticeship Requirements

President Joe Biden signed into law the Inflation Reduction Act of 2022 (“HR 5376”) (the “IRA” or the “Act”), on August 16, 2022. There are numerous tax credits in the legislation that intend to facilitate access to...more

Verrill

New Rules for Apprentices on Energy Projects Come with Uncertainty for Contractors and Developers

Verrill on

On January 1, 2021, a new law went into effect setting benchmarks for use of apprentices on energy generation facility construction projects. Enacted in 2019, the law was part of “An Act to Establish a Green New Deal for...more

Jackson Lewis P.C.

New Jersey Labor Department Proposes Regulations On Registration For Public Works Contractors

Jackson Lewis P.C. on

Under the amended New Jersey the Public Works Contractor Registration Act (PWCRA Amendment), all contractors and subcontractors must certify participation in an apprenticeship program approved by the U.S. Department of Labor...more

Fox Rothschild LLP

Prevailing Wage Law Case Shows Intricacies Of Such Laws: The Apprentice Issue

Fox Rothschild LLP on

The world of prevailing wage law is a complex and nuanced one. It is, in truth, a niche within a niche of the wage-hour world. I have handled almost one hundred prevailing wage audits and lawsuits and still am learning things...more

Farrell Fritz, P.C.

Oyster Bay’s Code Provision Linking Building Permits To Qualified Apprenticeship Programs Enjoined

Farrell Fritz, P.C. on

Several Long Island municipalities have local laws that peg the issuance of certain building permits to a requirement that contractors and subcontractors be participants in a “qualified apprenticeship program” that is...more

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