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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#Juneteenth is an important day in American history, marking the emancipation of enslaved African Americans in the United States. It's a reminder of the progress made and the ongoing journey toward a more inclusive society.
Congratulations to BMWC Constructors, Inc., the MCAA/CNA Safety Excellence Awards winner for 2023 in Category 5.
MCAA thanks @cna_insurance for their long-time partnership in safety.
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Looking for the latest from @tsbrass and Morris Group International? Find it in MCAA’s Virtual Trade Show! >> https://ow.ly/ZiEW50SjewV
With help from Morris Group International® and its AcornVac® vacuum plumbing system, Matt Davenport of Southland Industries designed portable toilets that are easy to transport and use less water, saving the company money and time. >> https://ow.ly/1OQf50Sj3ja
