Labor: elective compensation under the Inflation Reduction Act of 2022.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Chaptered
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill allows taxpayers, employers, contractors, and subcontractors in California to voluntarily pay retroactive wage increases to workers involved in building or repairing renewable energy facilities that qualify for federal tax incentives under the Inflation Reduction Act of 2022. These wage payments, known as elective retroactive wage payments, are intended to help these entities secure larger tax benefits. The bill establishes specific requirements for these payments, including that the facility not be a public works project and that the payments are solely for the purpose of applying for tax credits.
Key provisions
- Allows voluntary retroactive wage payments to clean energy workers.
- Payments must be made to facilities qualifying for Inflation Reduction Act tax incentives.
- Facilities must not be public works projects.
- Payments are limited to construction or repairs completed between January 1, 2023, and December 31, 2024.
- Excludes claims for retaliation, discrimination, or harassment.
- Does not apply to misclassification of employees.
- Does not apply to unpaid wages or failure to cure wage violations.
- The provision expires on January 1, 2029.
Who is affected
- Taxpayers
- Employers
- Contractors
- Subcontractors
- Clean energy workers
Notable changes
- Authorizes elective retroactive wage payments to incentivize participation in the Inflation Reduction Act's tax credit program.
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
1 on record
Primary sponsor
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours