Update: Federal Judge Blocks Proposed Overtime Rule
With just over a week before it was to take effect, a federal judge has blocked implementation of the federal government's new overtime pay rule, which was scheduled to go into effect December 1. The rule would have raised the salary threshold for overtime exemption from the current $23,660 per year to $47,476 annually.
The situation is very fluid, compounded by the fact that President-Elect Trump campaigned against onerous federal regulations and could take steps to block or repeal the rule, regardless of the legal challenge.
NAMM will continue to monitor and post updates here and will discuss this topic at our policy session at The 2017 NAMM Show. Details below:
NAMM Policy Roundtable, "Federal Overtime Rules"
Thursday, January 19, 2017
1 p.m. – 2 p.m.
NAMM Member Center, Anaheim Convention Center, lobby B