California SB400 allows voluntary retroactive wage payments to clean energy workers to qualify for larger tax incentives under the Inflation.

California SB400 adds Article 4 to the Labor Code, allowing taxpayers, employers, contractors, or subcontractors to voluntarily make elective retroactive wage payments to workers who performed work on qualified renewable clean energy facilities. This payment is intended to help qualify for larger tax incentives under the Inflation Reduction Act of 2022. The act applies to renewable energy facility construction or repairs commenced between January 1, 2023, and December 31, 2024.

California SB400 allows voluntary retroactive wage payments to clean energy workers to qualify for larger tax incentives under the Inflation.

California SB400 adds Article 4 to the Labor Code, allowing taxpayers, employers, contractors, or subcontractors to voluntarily make elective retroactive wage payments to workers who performed work on qualified renewable clean energy facilities. This payment is intended to help qualify for larger tax incentives under the Inflation Reduction Act of 2022. The act applies to renewable energy facility construction or repairs commenced between January 1, 2023, and December 31, 2024.