Recently, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) released more guidance and proposed rules on key provisions in the Inflation Reduction Act (IRA) that requires employers to meet certain labor mandates involving apprenticeship mandates, prevailing wage requirements and possible forced unionization on green energy construction projects.
While prevailing wage and apprenticeship requirements are not something new, investors, developers and employers who do not fully understand these requirements will likely face legal liabilities and issues that they did not expect because compliance is difficult. Additionally, the likely insistence that a Project Labor Agreement (aka union only contract) be implemented on such projects certainly adds to potential labor headaches and restrictions.
Please join Attorney Jeff Risch of Amundsen Davis LLC as he dives into the latest developments on “Green Energy” Projects and, in particular, what Illinois based companies must know when becoming involved on such projects on a local, state or federal basis.
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