News & Analysis as of

Wage and Hour Energy Sector

Baker Donelson

Clean Energy Credits Under the Inflation Reduction Act: Credit Sales and Prevailing Wage Bonus

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The Internal Revenue Service (IRS) and the Department of the Treasury (DOT) released regulations on Section 6418 of the Internal Revenue Code of 1986, as amended (the Code), on July 1, 2024, concerning the transfer of certain...more

ASKramer Law

Energy Tax Credits For A New World Part IV: Prevailing Wage and Apprenticeship Bonus Credits

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Why did Congress provide bonus credits to a facility or a project that pays its workers “prevailing wages” and hires apprentices? Congress viewed the Inflation Reduction Act (IRA) as a way to not only move the United States...more

Clark Hill PLC

Registration and Renewable Energy: Amendment to the Michigan Prevailing Wage Act

Clark Hill PLC on

On July 23, Senate Bill 571 (“SB 571” or the “Amendment”) was signed into law, adding registration requirements and the inclusion of both public and private energy facility projects. The Amendment is effective 90 days from...more

Bradley Arant Boult Cummings LLP

Inflation Reduction Act Prevailing Wage and Apprenticeship Compliance: Treasury and IRS Issue Final Rule

On June 18, 2024, Treasury and the IRS released the final rule for compliance with the prevailing wage and apprenticeship requirements (PWA requirements) pursuant to the Inflation Reduction Act of 2022 (IRA). This final rule...more

A&O Shearman

Navigating Treasury's proposed regulations on prevailing wage and apprenticeship for clean energy projects

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The Treasury Department (“Treasury”) and the Internal Revenue Service (the “IRS”) issued proposed regulations on August 29, 2023 for prevailing wage and apprenticeship (“PWA”) requirements applicable to clean energy projects...more

Bricker Graydon LLP

Ohio General Assembly Modifies Tax Abatements for Renewable Projects

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The primary property tax abatement used by renewable energy projects in Ohio is the Qualified Energy Project (QEP). Originally passed in 2010 (128-SB-232), the QEP program enables qualifying projects to receive an abatement...more

Foley & Lardner LLP

Energy Industry and Wage and Hour Compliance Issues

Foley & Lardner LLP on

On February 22, 2023, the United States Supreme Court issued a ruling, in Helix Energy Sols. Grp., Inc. v. Hewitt, No. 21-984, that despite earning in excess of $200,000 annually, an oilfield rig worker was improperly paid...more

Holland & Knight LLP

ANH en Colombia Actualiza tarifas para el año 2023, correspondientes a Derechos Económicos

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La Agencia Nacional de Hidrocarburos (ANH) de Colombia, el 26 de enero del 2023, expidió la Circular 0002 por medio de la cual se actualizan las tarifas para el año 2023, correspondientes a derechos económicos pactados en los...more

Holland & Knight LLP

60-Day Clock Is Ticking on Prevailing Wage, Apprenticeship Requirements

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President Joe Biden signed the Inflation Reduction Act (IRA) into law on Aug. 16, 2022. The massive legislative package revises policy on taxes, healthcare, agriculture and energy. In particular, the IRA modifies and expands...more

Bradley Arant Boult Cummings LLP

The clock is ticking on the IRA’s prevailing wage and apprenticeship requirements

Renewable energy developers and contractors have been anticipating the Treasury Department and IRS’s initial guidance on what is required to satisfy the prevailing wage and apprentice requirements under the Inflation...more

McDermott Will & Emery

Key Takeaways | Guidance on the Wage and Apprenticeship Provisions

McDermott Will & Emery on

The Navigating the New Energy Landscape webinar series came back last week for a special bonus session that focused on the just-released Internal Revenue Service (IRS) guidance on the wage and apprenticeship provisions...more

Vinson & Elkins LLP

[Hybrid Event] ESG-Related Trends in Executive Compensation - July 13th, Dallas, TX

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This presentation will focus on ESG-related trends in executive compensation within the energy industry, including the prevalence of ESG metrics in determining compensation, the types of metrics used and how those metrics are...more

Hogan Lovells

Guerra en Ucrania: medidas laborales y de seguridad social en España

Hogan Lovells on

El Gobierno español ha aprobado un nuevo Real Decreto Ley que establece medidas dirigidas a paliar la crisis generada por la guerra en Ucrania y su impacto en la economía española. Entre las medidas adoptadas se incluyen...more

American Conference Institute (ACI)

[Event] Shutdowns Turnarounds Superconference - December 7th - 8th, Alberta, Canada

Canada’s leading event for the turnaround community is returning to Calgary! Focusing on the most pressing issues affecting the industry The Canadian Institute’s 20th Annual Shutdowns Turnarounds Superconference ensures you...more

Holland & Knight LLP

En Banc Fifth Circuit Holds Highly Paid Rig Worker Not Covered by FLSA Overtime Exemption

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In a decision that will impact pay practices in the oil and gas and many other industries in Texas, Louisiana, Mississippi, and beyond, the en banc U.S. Court of Appeals for the Fifth Circuit affirmed on Sept. 9, 2021, that...more

Vinson & Elkins LLP

Energy Industry Take Note – Should You Be Paying Overtime to Your Highly Paid Employees?

Vinson & Elkins LLP on

The energy industry has long been a source of high-skilled and well-paid jobs, many paying six figures per year to employees. For those jobs, it’s easy for employers to get lulled into a false sense of security when figuring...more

Holland & Knight LLP

Federal Judge Rules Day Rate Can Be a Salary for FLSA Exemptions

Holland & Knight LLP on

In a significant and favorable ruling for employers, especially in the oil and gas industry, a federal judge in the U.S. District Court for the District of Colorado recently ruled that the plaintiff in Scott v. Antero...more

BakerHostetler

[Webinar] Wage and Hour in the Energy Industry – New Administration, New Rules - May 4th, 11:30 am - 12:30 pm CT

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While the focus of the Department of Labor ebbs and flows based on the administration, the DOL remains committed to enforcing the Fair Labor Standards Act. Now that we know that Secretary of Labor Marty Walsh is in place, we...more

McDermott Will & Emery

Policy Outlook: How The 2020 Election Outcomes Will Impact Your Business - Health Policy

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In this session, health law policy authorities discussed changes likely in 2021 in a Biden Administration and how these changes will impact business objectives and strategies for health industry stakeholders...more

McDermott Will & Emery

[Webinar] Policy Outlook: How The 2020 Election Outcomes Will Impact Your Business - November 5th, 12:00 pm - 2:15 pm EST

McDermott Will & Emery on

Are you prepared for the critical impacts of the US election outcome to you and your business in 2021 and beyond? Join McDermott’s lawyers and our policy and lobbying team for perspective on the effects of administration...more

Foley & Lardner LLP

Mexican Health Ministry Technical Guidelines for Essential Activities: Prompt Action Required

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On Monday, April 6, 2020, at 19:00 hours CST, the Mexican Minister of Health published a set of guidelines on how to interpret the agreement that provides the technical guidelines related to the activities described in...more

Fox Rothschild LLP

Another FLSA Misclassification Case In The Energy Industry: A Continuing (And Troubling) Phenomenon

Fox Rothschild LLP on

There have been a host of wage hour cases in the energy industry and I have often commented upon these. Many concern misclassification issues and another example of this phenomenon has arisen where a class of pipeline...more

Littler

Fifth Circuit Finds Directional Drillers Are Independent Contractors

Littler on

On February 28, 2019, the United States Court of Appeals for the Fifth Circuit issued an important decision involving whether contract workers in the oil patch were entitled to overtime....more

Steptoe & Johnson PLLC

West Virginia Legislative Brief: Commentary from Gil White - February 2019 #4

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Legislative Action by the Numbers: 1134 bills introduced in the House of Delegates 668 bills introduced in the State Senate 133 bills have passed the House of Delegates 137 bills have passed the State Senate 34 bills...more

Locke Lord LLP

Is Your Company on an Independent Contractor Misclassification “Hit List”?

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As reported six months ago in an article in the E&P Journal, the oil and gas industry is under attack by plaintiffs’ class action lawyers filing independent contractor misclassification lawsuits. My colleagues Bill Swanstrom...more

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