House Panel Holds Hearing on Overtime Rule

Tuesday, June 28, 2016

Last week, the House Small Business Committee held a hearing on the Department of Labor’s (DOL) changes to overtime pay eligibility set to take effect on December 1. The rule increases the salary level under which full-time salaried “white collar” employees qualify for overtime pay from $455 per week ($23,660 annually) to $913 per week ($47,476 annually).

“The DOL has heralded this rule as a long-overdue action that will provide tremendous benefits to workers,” said House Small Business Committee Chairman Steve Chabot (R-OH). “However, like so many of this Administration’s policies, this one-size-fits-all mandate will do far more harm than good.”

Dealers are encouraged to visit NLBMDA’s Legislative Action Center and send a letter to their Representative and Senators asking for support and passage of The Protecting Workplace Advancement and Opportunity Act (H.R. 4773, S. 2707), which would halt the changes to overtime pay eligibility criteria and require DOL to conduct a comprehensive economic analysis on the impact of mandatory overtime expansion to small businesses, nonprofits, and public employers.

NLBMDA 6/28/2016

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