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Learn About the IRS' Final Rule's Controversial PLA, Prevailing Wage and Apprenticeship Policies on IRA-Funded Clean Energy Projects
Thursday, July 11, 2024 (2:15 PM - 3:15 PM) (CDT)
Description
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Webinar Description
ABC Members Only
On June 18, 2024, the U.S. Treasury Department’s Internal Revenue Service announced a final rule that will require private developers to follow controversial project labor agreement, prevailing wage and apprenticeship policies when building clean energy projects and seeking more than $270 billion of enhanced tax incentives via the ABC-opposed Inflation Reduction Act. The final rule takes effect 60 days from when it will be published in the Federal Register on June 25, 2024. Read ABC’s statement opposing the final rule. Throughout the rulemaking process, ABC, which opposed the partisan Inflation Reduction Act passed through budget reconciliation, called on the IRS to provide further clarity and withdraw anti-competitive aspects of the proposed rules that would encourage PLAs, increase costs, reduce competition and delay construction of clean energy projects. ABC general counsel Maury Baskin will provide an overview of the final rule’s anti-competitive provisions and discuss its challenges for stakeholders and opportunities for ABC member contractors and chapters with government-registered apprenticeship programs. Speaker Info Maury Baskin serves as ABC’s general counsel and is a shareholder in the Washington, D.C., office of Littler Mendelson P.C., where he chairs Littler’s construction practice group and co-chairs Littler’s Workplace Policy Institute. He is one of the chief legal advocates for the rights of employers on labor issues throughout the country, representing ABC and its member firms at every level of government, up to and including the U.S. Supreme Court. Moderator Info Ben Brubeck is ABC’s vice president of regulatory, labor and state affairs. In this role, he works with his team to shape policy on local, state and federal issues important to the construction industry, and represents ABC before lawmakers, the media, construction industry executives and stakeholders. His expertise across a portfolio of issues includes labor and employment, workforce development, infrastructure, federal contractor regulations, small businesses and public works procurement.