,,ii #aae? ,,congress #a/ ,session ,s4 #bagg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #cj1 #bjag,mr4 ,br[n 7= himself1 ,mrs4 ,murray1 ,ms4 ,baldw91 ,ms4 ,w>r51 ,mrs4 ,gillibr&1 ,mr4 ,durb91 ,mr4 ,m]kley1 ,mr4 ,book]1 ,mr4 ,m>key1 ,mr4 ,:iteh\se1 ,mr4 ,frank51 & ,ms4 ,h>ris7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ,a ,,bill ,to am5d ! ,fair ,labor ,/&>ds ,act ( #aich to e/abli% a m9imum sal>y ?re%old = bona fide executive1 adm9i/rative1 & pr(essional employees exempt f ,f$]al ov]time comp5sation requirem5ts1 & automatically update su* ?re%old e #c ye>s4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,re/or+ ,ov]time ,pay ,act ( #bjag4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bja et seq47 e/abli%$ ov]time comp5sation requirem5ts = c]ta9 employees :5 !y "w m ?an #dj h\rs 9 a giv5 workweek4 7#b7 ,"u section #ac7;a77#a7 ( su* ,act1 ,congress delegat$ to ! ,secret>y ( ,labor ! au?ority to def9e & delimit ! t]ms relat+ to ! exemption = bona fide executive1 adm9i/rative1 & pr(essional employees 7commonly kn[n z ! :ite coll> exemption74 7#c7 ,= m ?an #ge ye>s1 ! ,secret>y ( ,labor has ex]cis$ its delegat$ au?ority to issue regulations t def9e & delimit ! t]ms relat+ to ! :ite coll> exemption by apply+ a duties te/ & apply+ a m9imum comp5sation level 7or sal>y ?re%old74 7#d7 ,! ,secret>y ( ,labor began utiliz+ a sal>y ?re%old 9 ! initial regulations def9+ & delimit+ ! t]ms relat+ to ! :ite coll> exemption1 :i* 7 fir/ issu$ 9 #aich4 7#e7 ,congress has long approv$ ! use ( a sal>y ?re%old by ! ,secret>y ( ,labor1 z demon/rat$ by ! fact t ,congress has am5d$ ! ,fair ,labor ,/&>ds ,act ( #aich at lea/ #aj times s9ce #aich & has n preclud$ ! ,secret>y f us+ a sal>y ?re%old4 7#f7 ,! sal>y ?re%old became woefully out ( date & ineffective z a result ( n be+ suffici5tly updat$ to keep pace ) a *ang+ economy1 z evid5c$ by ! fact t m ?an #fj p]c5t ( all full-"t sal>i$ work]s e>n$ less ?an ! sal>y ?re%old 9 #aige & less ?an #g p]c5t ( ^! work]s e>n$ less ?an ! sal>y ?re%old 9 #bjaf4 7#g7 ,! sal>y ?re%old ( #dee p] week1 or #bc1ffj p] ye>1 t 0 9 effect on ,may #bb1 #bjaf1 0 bel[ ! pov]ty l9e = a family ( #d4 7#h7 ,! ,secret>y ( ,labor updat$ ! sal>y ?re%old on ,may #bc1 #bjaf1 ?r\gh a f9al rule entitl$ ,def9+ & ,delimit+ ! ,exemptions = ,executive1 ,adm9i/rative1 ,pr(essional1 ,outside ,sales & ,comput] ,employees 7#ha ,f$4 ,reg4 #cbcia7 by increas+ ! sal>y ?re%old to ! #dj? p]c5tile ( e>n+s ( full-"t sal>i$ employees 9 ! l[e/-wage ,c5sus ,region1 result+ 9 a sal>y ?re%old ( #iac p] week or #dg1dgf p] ye>4 7#i7 ,! f9al rule w\ld b5efit m ?an #ac1jjj1jjj employees by provid+ ov]time comp5sation protections to #d1bjj1jjj new employees & /r5g!n+ ov]time comp5sation protections = #h1ijj1jjj additional employees4 7#aj7 ,! ,secret>y ( ,labor w5t ?r\gh a ?or\gh process 9 craft+ ! f9al rule1 seek+ public input & conduct+ ext5sive economic analysis1 includ+-- 7,a7 sp5d+ m ?an a ye> meet+ ) m ?an #bjj int]e/$ p>ties to obta9 input be=e issu+ ! propos$ rule 9 #bjae2 7,b7 consid]+ m ?an #bgj1jjj comm5ts receiv$ dur+ ! #fj-;day public comm5t p]iod on ! propos$ rule2 & 7,c7 mak+ significant *anges 9 response to public input be=e issu+ ! f9al rule4 7#aa7 ,! public comm5ts submitt$ to ! ,secret>y ( ,labor reg>d+ ! propos$ rule 7 ov]:elm+ly positive & supportive ( ! rule4 7#ab7 ,! increase 9 ! sal>y ?re%old1 includ$ 9 ! f9al rule1 to ! #dj? p]c5tile ( e>n+s ( full-"t sal>i$ employees 9 ! l[e/-wage ,c5sus ,region1 result+ 9 a ?re%old ( #iac p] week or #dg1dgf p] ye>1 0 a /rong yet measur$ increase by almo/ any measure1 includ+ z comp>$ to-- 7,a7 ! high] sal>y ?re%old ( #igj p] week or #ej1ddj p] ye>1 initially put =w>d by ! ,secret>y ( ,labor 9 ! propos$ rule2 7,b7 ! sal>y ?re%old ( #ihd p] week or #ea1afh p] ye>1 :i* w\ld h fully acc\nt$ = ! erosion to ! value ( ! sal>y ?re%old s9ce #aige due to inflation2 7,c7 ! sal>y ?re%old ( #a1abb p] week or #eh1cdd p] ye>1 :i* w\ld h cov]$ ! same %>e ( all sal>i$ work]s z 7 cov]$ 9 #aige aft] acc\nt+ = *anges 9 ! economy2 & 7,d7 ! sal>y ?re%old ( #a1cbg p] week or #fi1jjd p] ye>1 :i* w\ld h cov]$ ! same p]c5tage ( all sal>i$ work]s z 7 cov]$ 9 #aige )\t acc\nt+ = *anges 9 ! economy4 7#ac7 ,! ,unit$ ,/ates ,di/rict ,c\rt = ! ,ea/]n ,di/rict ( ,texas errone\sly call$ ! au?ority ( ! ,secret>y ( ,labor "u ! ,fair ,labor ,/&>ds ,act ( #aich into "q :5 x issu$ a prelim9>y injunction enjo9+ ! ,dep>tm5t ( ,labor f en=c+ ! f9al ov]time rule4 7#ad7 ,! ,unit$ ,/ates ,di/rict ,c\rt = ! ,ea/]n ,di/rict ( ,texas issu$ a f9al decision invalidat+ ! rule1 ?reat5+ ov]time protections = millions ( work]s4 #c4 ,m9imum sal>y ?re%old = bona fide executive1 adm9i/rative1 & pr(essional employees exempt f ,f$]al ov]time comp5sation requirem5ts 7a7 ,m9imum sal>y ?re%old = bona fide executive1 adm9i/rative1 & pr(essional employees ,section #ac ( ! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bac7 is am5d$-- 7#a7 9 subsection 7a77#a7-- 7,a7 by ins]t+ subsection 7k7 & aft] subject to2 & 7,b7 by ins]t+ 7except z provid$ "u subsection 7k77#c77;,c77 aft] ,adm9i/rative ,proc$ure ,act2 & 7#b7 by add+ at ! end ! foll[+3 7k7 ,m9imum sal>y ?re%old 7#a7 ,9 g5]al ,beg9n+ on ! effective date ( ! ,re/or+ ,ov]time ,pay ,act ( #bjag1 ! ,secret>y %all require t an employee describ$ 9 subsection 7a77#a71 z a requirem5t = exemption "u su* subsection1 be comp5sat$ on a sal>y basis1 or equival5t fee basis1 )9 ! mean+ ( su* t]ms 9 subp>t ,g ( "p #eda ( title #bi1 ,code ( ,f$]al ,regulations 7or any successor regulation71 at a rate p] week t is n less ?an ! sal>y ?re%old "u p>agraph 7#b74 7#b7 ,sal>y ?re%old 7,a7 ,9 g5]al ,! sal>y ?re%old %all be an am\nt t1 subject to subp>agraph 7,b71 is equal to ! #dj? p]c5tile ( e>n+s ( full-"t sal>i$ work]s 9 ! l[e/-wage ,c5sus ,region z det]m9$ by ! ,bureau ( ,labor ,/ati/ics 9 accordance ) subp>agraph 7,c7 & z updat$ "u p>agraph 7#c74 7,b7 ,increas$ ?re%old ,! ,secret>y may e/abli%1 ?r\gh notice & comm5t rule mak+ "u section #eec ( title #e1 ,unit$ ,/ates ,code1 a sal>y ?re%old t is an am\nt bas$ on a rate t is great] ?an ! rate describ$ 9 subp>agraph 7,a7 z det]m9$ by ! ,bureau ( ,labor ,/ati/ics 9 accordance ) subp>agraph 7,c7 & z updat$ "u p>agraph 7#c74 7,c7 ,am\nt det]m9ations ,! am\nt ( ! sal>y ?re%old det]m9$ "u subp>agraph 7,a7 or 7,b7 %all be bas$ on data f ! second qu>t] ( ! ye> prec$+ ! effective date ( su* am\nt4 7#c7 ,automatic updates 7,a7 ,9 g5]al ,! ,secret>y %all update ! am\nt ( ! sal>y ?re%old "u p>agraph 7#b7 e #c ye>s s t su* am\nt is bas$ on data f ! second qu>t] ( ! ye> prec$+ ! effective date ( ! update4 7,b7 ,publication ( notice ,n lat] ?an #fj days be=e ! effective date ( any update "u subp>agraph 7,a71 ! ,secret>y %all publi%1 9 ! ,f$]al ,regi/] & on ! int]net website ( ! ,dep>tm5t ( ,labor1 a notice ann\nc+ ! update4 7,c7 ,nonapplicability ( rule mak+ requirem5ts ,any update describ$ 9 ?is p>agraph %all n be subject to ! requirem5ts = notice & comm5t rule mak+ "u section #eec ( title #e1 ,unit$ ,/ates ,code4 7#d7 ,duties te/ ,! ,secret>y %all1 9 addition to ! requirem5t "u p>agraph 7#a71 cont9ue to require employees to satisfy a duties te/1 z prescrib$ by ! ,secret>y1 9 def9+ & delimit+ ! t]ms describ$ 9 subsection 7a77#a74 4 7b7 ,effective date ,?is ,act1 & ! am5dm5ts made by ?is ,act1 %all take effect on ! date t is #fj days aft] ! date ( enactm5t ( ?is ,act4