<p class=ldtitle>A BILL to amend the Code of Virginia by adding in Chapter 3 of Title 40.1 an article numbered 1.2, consisting of sections numbered 40.1-28.13, 40.1-28.14, and 40.1-28.15, relating to prevailing wage rate; apprenticeship requirements; RPS-eligible source work; penalties.</p>
Impact
The impact of SB667 on state law is significant as it introduces mandated prevailing wage rates that must be paid to laborers and apprentices working on eligible renewable energy projects. Each public service company or third-party developer must ensure their contracts stipulate compliance with these wage requirements, which are based on determinations from the U.S. Secretary of Labor. The penalties for non-compliance are stringent, including fines of up to $10,000 for intentional disregard of withholding wages, thereby enhancing labor protections in the renewable energy sector in Virginia.
Summary
Senate Bill 667 amends the Code of Virginia to set forth new regulations regarding prevailing wage rates and apprenticeship requirements specifically for construction, alteration, and repair work associated with renewable energy projects that meet certain criteria. This bill creates Article 1.2 in Chapter 3 of Title 40.1, establishing definitions and penalties aimed at ensuring fair wages and promoting workforce development through apprenticeship programs. It applies to contracts entered into or modified after July 1, 2026, targeting work on renewable energy sources with over one megawatt of generating capacity.
Contention
Notable points of contention surrounding SB667 may focus on the balance between ensuring fair labor wages and the potential impact on project costs. Supporters argue that the bill is essential for promoting fair labor standards while fostering training opportunities through apprenticeship programs. Critics may express concern that such regulations could deter investment in renewable energy projects due to increased costs associated with compliance. Additionally, there could be discussions regarding how these requirements align with ongoing efforts to promote renewable energy and whether they overly burden developers.