Updated Prevailing Wage and Apprenticeship Requirements for Inflation Reduction Act Tax Incentives

Hogan Lovells – Last week, Treasury released Notice 2022-61 with additional guidance on the “prevailing wage and apprenticeship” requirements tied to many of the new or updated tax incentives in the Inflation Reduction Act. Two takeaways: First, this additional guidance is pretty sparse and some key questions are still left unanswered.