Attorney General Raoul Calls For Robust Oversight To Protect Wages For Workers Under Inflation Reduction Act
CHICAGO - Attorney General Kwame Raoul led a coalition of 11 attorneys general urging the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to adopt effective enforcement that would protect workers’ rights to prevailing wages on renewable energy and green economy projects where employers claim expanded tax credits. The Inflation Reduction Act, signed into law by President Biden in August 2022, created a range of tax credits and deductions for renewable energy projects and other green economy investments. The act makes credits five times larger if employees working on such projects are paid prevailing wages. In their comment letter submitted to the U.S. Department of the Treasury and the IRS, Raoul and the attorneys general urge the agencies to ensure that wage requirements are enforced. “Bad actors can and do find ways to falsify records and avoid prevailing wage obligations,” Raoul said. “Using retrospective paper audits to determine
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