TBA Law Blog


Posted by: Katharine Heriges on Oct 4, 2016
The U.S. House has approved a bill that would stall the implementation of the new federal overtime rule set by the Labor Department, ABC News reports . The rule, which is currently set to go into place on Dec. 1, would extend the yearly salary threshold in which overtime pay is guaranteed up to $47,746. The bill would affect an estimated 4.2 million American workers. Supporters of the bill say that new regulations will burden small businesses and could lead to job losses. The proposal now heads to the Senate, where Tennessee Sen. Lamar Alexander is a co-sponsor of the companion legislation.