The Biden administration intends to restore the definition of “prevailing wage” (previously abandoned four decades ago). The update would change how wages are calculated and would ultimately provide construction workers with more money. Reverting to the previous definition means the prevailing wage … [Read more...] about President Biden to Restore Previous Definition of “Prevailing Wage”
State’s Chief Diversity and Inclusion Officer Steps Down, but Programs Will Continue
The State Department's first Chief Diversity and Inclusion Officer, Amb. Gina Abercrombie-Winstanley, stepped down from her role at the end of June. However, she said that the department’s diversity, equity, inclusion, and accessibility work will outlast any attempts to roll back these programs. … [Read more...] about State’s Chief Diversity and Inclusion Officer Steps Down, but Programs Will Continue
Virtual DOL Compliance Forum
The Department of Labor's Wage and Hour Division will collaborate with other federal government agencies to host a 2-day virtual DOL forum on compliance principles. See here for more information: … [Read more...] about Virtual DOL Compliance Forum
Good Jobs for Good Airports Act to Improve Wages for Airport Workers
The Good Jobs for Good Airports Act was reintroduced to provide airport service workers with better wages and benefits, including prevailing wages where applicable. See here for more information: … [Read more...] about Good Jobs for Good Airports Act to Improve Wages for Airport Workers
DOE to Release $4 billion in Tax Credits for Clean Technology
The Department of Energy announces intent to release $4 billion in a first round of tax credits for projects that expand U.S. supply chains for clean energy technologies and reduce greenhouse gas emissions at industrial facilities. The program will provide an investment tax credit of up to 30% of … [Read more...] about DOE to Release $4 billion in Tax Credits for Clean Technology
IRS Publishes Guidance on the Prevailing Wage and Apprenticeship Requirements
The IRS just issued guidance on how taxpayers can satisfy the prevailing wage and apprenticeship requirements for enhanced tax benefits under the Inflation Reduction Act. See here for more information: … [Read more...] about IRS Publishes Guidance on the Prevailing Wage and Apprenticeship Requirements