IRS Releases Proposed Prevailing Wage and Apprenticeship Requirements
Late last month the Internal Revenue Service released proposed rules implementing the prevailing wage and apprenticeship requirements included in the Inflation Reduction Act for certain ‘green’ energy projects. The proposed rules primarily place the onus for meeting these requirements on the taxpayer in order to receive the bonus tax incentive.
The National Labor Relations Board recently adopted a new standard in a case known as Cemex requiring an employer to recognize and bargain with a union designated by the majority of its employees unless the employer requests a secret ballot election. The election will be dismissed if in the process, the employer is found to have committed an unfair labor practice and will be required to bargain with the union.
The Department of Labor is proposing to increase the minimum salary threshold for overtime eligibility under the Fair Labor Standards Act to $55,068 per year, up from the current $35,568, which was just recently enacted in 2019. The proposal also includes an automatic update provision that would change the standard salary threshold every three years. Comments on the proposed rule are due on November 7.
The Occupational Safety and Health Administration (OSHA) has released a proposed rule that would permit an individual that “may be an employee of the employer or a third party” to join an OSHA Compliance Safety and Health Officer as part of a job site inspection. This makes it possible for safety-focused inspection to turn into something that would become a tool for a union organizing campaign.
The Biden administration continues to issue proposals through regulatory agencies that benefit big labor at the expense of the merit shop. Project labor agreements, pro-union appointees at the National Labor Relations Board, and changes to Davis-Bacon all threaten IEC’s contractor members. To continue to promote and protect the merit shop philosophy, IEC has rebranded its Political Education Fund as the IEC Freedom Fund. This fund is designed to give IEC more firepower in Washington to protect its merit shop electrical contractors.
Become a Freedom Fund Patriot Sponsor by donating online today!
Diamond
Platinum
Gold
Silver
Bronze
CenTex IEC
IEC Atlanta/Georgia
IEC Florida West Coast
IEC Rocky Mountain
IEC Ft. Worth/Tarrant Co.
DPS Infrastructure Monitoring Systems
IEC Greater Cincinnati
IEC Texas Gulf Coast
IEC Northern New Mexico
Lakey Electric
Larcon Electric
Streb Electric
Williams Electric
Baker Brothers Electric
Innovatis Group
Progressive Technologies
It’s Free to Become an IEC Insider!
IEC Insider is the monthly newsletter that will keep you in the know in the world of politics in Washington. IEC PAC is IEC’s vehicle for supporting pro-business and pro-merit shop candidates for federal office. In order to receive this newsletter, you need only complete a quick online form which will permit IEC to tell you more about the PAC and enables you and senior executives from your company to contribute to IEC’s political efforts.
Get mobile alerts!
Text ‘IECACT’ to 50457 and receive IEC Action Alerts directly on your mobile phone.