On November 2, 2016 IEC issued comments on the U.S. Treasury Department’s proposed regulations under Section 2704 of the Internal Revenue Code that, if finalized, would dramatically alter traditional valuation methodologies for estate and gift tax purposes...
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On September 30, 2016, the U.S. Department of Labor (DOL) issued the final rule setting forth the details that implements President Obama signed Executive Order 13706, which requires federal contractors to provide paid sick leave to their employees. The rule applies to contracts issued on or after January 1, 2017, and that fall under these categories...
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On October 24, 2016, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction temporarily halting the regulations implementing President Obama’s Fair Pay and Safe Workplaces Executive Order.
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Prior to leaving to campaign for the November elections, the House of Representatives passed legislation that would delay by six months the effective date of the Department of Labor's new Overtime Rule...
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The 2016 election for President of the United States and Congress was no doubt a historic event and it’s clear that a Republican White House and Congress means a more favorable political climate for policies that affect IEC...
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IEC Welcomes New Executive Vice President/CEO Spenser Villwock

Alexandria, VA – The Independent Electrical Contractors (IEC) welcomes Spenser Villwock, MNM, CAE, as Executive Vice President/CEO...
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Late last month, the final regulations and guidance were issued by the Federal Acquisition Regulatory Council (FAR Council) and the Department of Labor (DOL) to implement Executive Order 13673, Fair Pay and Safe Workplaces, which President Obama signed in July 2014...
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IEC needs your help to urge Congress to act immediately to modify the Department of Labor’s (DOL) new overtime rule, which is set to take effect December 1, 2016...
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