On Oct. 5, 2022, the U.S. Department of Treasury and Internal Revenue Service issued a request for comments regarding implementation of the Inflation Reduction Act, notably on Davis-Bacon and apprenticeship requirements. The legislation, opposed by ABC, was signed into law on Aug. 16, 2022, and provides over $369 billion in tax credits for the construction of solar, wind, hydrogen, carbon sequestration, electric vehicle charging stations and other clean energy projects.
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Survey Closes Oct. 31: Treasury and IRS Request Comments on IRA Davis-Bacon and Apprenticeship Requirements
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ABC Advocates for Solutions to Workforce Shortage at U.S. House Committee Roundtable
On July 26, ABC Senior Director of Legislative Affairs Peter Comstock participated in a roundtable hosted by the U.S. House of Representatives’ Education and the Workforce Committee Chairwoman Dr. Virginia Foxx, R-N.C. The roundtable focused on the reauthorization of...
ABC: Nonresidential Construction Spending Increases Slightly in June
WASHINGTON, Aug. 1—National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally...
ABC: Construction Job Openings Decreased by 5,000 in June
WASHINGTON, Aug. 1—The construction industry had 374,000 job openings on the last day of June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job...
ABC Opposes DOL’s Final Revision to the Form LM-10 Employer Report
On July 28, the U.S. Department of Labor’s Office of Labor-Management Standards published its final revision to the Form LM-10 Employer Report, which adds a checkbox to the Form LM-10 report requiring certain reporting entities to indicate whether such entities were...
President Biden Announces Heat Safety Actions, Including DOL Hazard Alert
On July 27, President Joe Biden announced a series of actions aimed at protecting workers from the impact of extreme heat, including asking the U.S. Department of Labor to issue a first-ever Hazard Alert for heat. Read More