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TREAS/IRS RIN: 1545-BQ62 Publication ID: Spring 2023 
Title: ●Increased Credit or Deduction Amounts for Satisfying Certain Prevailing Wage and Apprenticeship Requirements 

The proposed regulations provide guidance for taxpayers satisfying certain prevailing wage and apprenticeship (PWA) requirements under sections 45, 48, and 45Q of the Internal Revenue Code as amended by sections 13101(f), 13102(k), and 13104(d) respectively, of Pub. L. 117-169, 136 Stat. 1954, 1962 (August 16, 2022), commonly known as the Inflation Reduction Act of 2022 (IRA). The IRA also amended sections 30C, 45V, 45Y, 45Z, 48C, 48E, and 179D relating to increased credit or deduction amounts for satisfying certain PWA requirements.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 45    26 U.S.C. 45Q    26 U.S.C. 48    Pub. L 117-169, sec. 13101, 13102, and 13104   
Legal Deadline:  None
Action Date FR Cite
NPRM  07/00/2023 
Additional Information: REG-100908-23 Drafting attorney: Alexander Scott (202) 317-6305 Reviewing attorney: Kevin Gillin (202) 317-5403 Treasury attorney (OTP): Kimberly Wojcik (202) 819-5365 CC:PSI
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Alexander Scott
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW, Room 5114,
Washington, DC 20224
Phone:202 317-6853