Posts tagged community benefits
Op-ed: Tennessee: The nation’s best right-to-work state
May 13, 2025 // Community Benefits Agreements might sound benign, but in reality, they have become a tool for politically motivated groups to extract money and influence on the taxpayers’ dime. These agreements often dilute or divert economic incentives by forcing businesses to commit funds to causes, organizations or hiring mandates or quotas that go beyond their agreed-upon economic obligations. This new law will block special interests from cashing in on taxpayer-funded incentives.
Biden Administration Unveils Historic Rules for High-Paying Clean Energy Jobs The White House
June 19, 2024 // Clean energy projects that meet the requirements of these final rules will receive a fivefold increase for clean energy tax credits for deployment of wind, solar, nuclear, hydrogen, and other clean energy technologies, as well as for projects receiving allocations under the Section 48C Advanced Energy Projects credit., providing a significant incentive for project developers to pay prevailing wages to workers for construction, alteration, and repair of clean energy projects and to hire registered apprentices to earn while they learn by working on those projects. Secretary of the Treasury Janet Yellen and Acting Secretary of Labor Julie Su also published a blog highlighting the use of Project Labor Agreements as a best practice for large construction projects and a tool to help project developers comply with the prevailing wage and apprenticeship requirements. Project Labor Agreements, or pre-hire collective bargaining agreements that set the terms and conditions for employment on a construction project, help workers and developers alike by providing strong worker and wage protections while ensuring a reliable supply of skilled workers to help deliver projects on time and on budget.