The Treasury Department and the Internal Revenue Service (IRS) have published final regulations regarding the prevailing wage and registered apprenticeship (PWA) requirements that taxpayers must satisfy to receive five times the base tax credit or deduction amounts with respect to certain clean energy facilities, properties, projects, technologies, or equipment under the Internal Revenue Code (the Code), as amended by the Inflation Reduction Act of 2022 (IRA). The overview below seeks to explain the portions of this lengthy final rule that we felt would be of most interest to MCAA. There are aspects of the rule that are not addressed in this document, and the MCAA public policy team is happy to answer questions about aspects of these lengthy regulations not addressed in this overview.
Please reach out to MCAA’s public policy team if you have any questions.
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Looking for the latest from @procoretech and Conex Bänninger (IBP GROUP LLC)? Find it in MCAA’s Virtual Trade Show!
https://ow.ly/4lGv50PSanB
Until now, handwashing has taken place within the confines of the restroom. @sloan_valve demonstrates how handwashing Is moving beyond the restroom. >> https://ow.ly/MH0U50PS1a2
Thank you for attending the 2023 GreatFutures Forum in Milwaukee! Can’t wait to see you in Seattle in 2024!
Congrats to the champs of the GFF23 Trivia, California State University, Chico! As thee winners, the student team will select a charity to receive a $500 donation.
To celebrate MCAA’s 20 Years of Safety Excellence, MCAA is offering monthly safety kits to benefit our contractors and the mechanical industry workers they support. This month’s kit focuses on confined spaces. Get your copy today!
https://ow.ly/kOc350PM7le
