,,ii #aai? ,,congress #b;d ,session ,s4 #deea ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #ah1 #bjbf,mr4 ,s&]s 7= himself1 ,mr4 ,s*um]1 ,mr4 ,padilla1 ,mr4 ,s*atz1 ,ms4 ,duckwor?1 ,ms4 ,w>r51 ,ms4 ,baldw91 ,mrs4 ,murray1 ,mr4 ,m>key1 ,mr4 ,:iteh\se1 ,mr4 ,book]1 ,mr4 ,blum5?al1 ,mr4 ,fett]man1 ,ms4 ,cantwell1 ,mr4 ,murphy1 ,mr4 ,gallego1 ,mr4 ,wyd51 ,mr4 ,m]kley1 ,mr4 ,durb91 ,mr4 ,wel*1 ,ms4 ,hirono1 ,mr4 ,kim1 ,ms4 ,alsobrooks1 ,mr4 ,re$1 ,mr4 ,lujn1 & ,ms4 ,blunt ,ro*e/]7 introduc$ ! 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$]al ov]time comp5sation requirem5ts1 & automatically update su* ?re%old ea* ye>1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,re/or+ ,ov]time ,pay ,act ( #bjbf4 #b4 ,m9imum sal>y ?re%old = bona fide executive1 adm9i/rative1 & pr(essional employees exempt f ,f$]al ov]time comp5sation requirem5ts 7a7 ,9 g5]al ,section #ac ( ! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bac7 is am5d$-- 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#b77;,c77 aft] ,adm9i/rative ,proc$ure ,act2 & 7#b7 by add+ at ! end ! foll[+3 7k7 ,m9imum sal>y ?re%old 7#a7 ,9 g5]al ,beg9n+ on ! effective date ( ! ,re/or+ ,ov]time ,pay ,act ( #bjbf1 ! ,secret>y %all require t an employee describ$ 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$]al ,regulations 7or any successor regulation71 at a rate p] week t is n less ?an ! weekly rate ( ! applicable annualiz$ sal>y ?re%old "u p>agraph 7#b74 7#b7 ,sal>y ?re%old 7,a7 ,9 g5]al ,subject to subp>agraphs 7,b7 & 7,c71 ! applicable annualiz$ sal>y ?re%old %all be-- 7i7 #de1jjj1 beg9n+ on ! effective date ( ! ,re/or+ ,ov]time ,pay ,act ( #bjbf2 7ii7 #ee1jjj1 beg9n+ on ,janu>y #a1 #bjbg2 7iii7 #fe1jjj1 beg9n+ on ,janu>y #a1 #bjbh2 7iv7 #ge1jjj1 beg9n+ on ,janu>y #a1 #bjbi2 & 7v7 beg9n+ on ,janu>y #a1 #bjcj1 an annualiz$ am\nt t is equal to ! rate ( ! #ee? p]c5tile ( weekly e>n+s ( full-"t sal>i$ work]s nationally1 z det]m9$ by ! ,bureau ( ,labor ,/ati/ics bas$ on data f ! second qu>t] ( #bjbi4 7,b7 ,increas$ ?re%old ,! ,secret>y may e/abli%1 ?r\gh notice & comm5t rulemak+ "u section #eec ( title #e1 ,unit$ ,/ates ,code1 a sal>y ?re%old t is a rate t-- 7i7 is great] ?an ! applicable annualiz$ sal>y ?re%old "u subp>agraph 7,a72 & 7ii7 is calculat$ bas$ on a data set & me?odology e/abli%$ by ! ,secret>y t are capable ( be+ updat$ 9 accordance ) subp>agraph 7,c74 7,c7 ,automatic updates 7i7 ,9 g5]al ,n lat] ?an #a ye> aft] ! sal>y ?re%old fir/ takes effect "u subp>agraph 7,a77v71 & annually !reaft]1 or1 9 ! case 9 :i* ! ,secret>y e/abli%es an increas$ sal>y ?re%old "u subp>agraph 7,b71 annually aft] e/abli%+ su* increas$ sal>y ?re%old1 ! ,secret>y %all update ! rate ( ! sal>y ?re%old 9 effect "u subp>agraph 7,a77v7 or 7,b71 z applicable1 s t su* rate is equal to-- 7,i7 9 ! case 9 :i* ! ,secret>y does n e/abli% an increas$ sal>y ?re%old "u subp>agraph 7,b71 ! #ee? p]c5tile ( weekly e>n+s ( full-"t sal>i$ work]s nationally1 z det]m9$ by ! ,bureau ( ,labor ,/ati/ics bas$ on data f ! second qu>t] ( ! cal5d> ye> prec$+ ! cal5d> ye> 9 :i* su* updat$ am\nt is to take effect2 & 7,,ii7 9 ! case 9 :i* ! ,secret>y e/abli%es an increas$ sal>y ?re%old "u subp>agraph 7,b71 ! great] (-- 7aa7 ! #ee? p]c5tile describ$ 9 subclause 7,i72 & 7bb7 ! increas$ sal>y ?re%old e/abli%$ "u subp>agraph 7,b71 z updat$ 9 accordance ) ! data set & me?odology e/abli%$ by ! ,secret>y "u subp>agraph 7,b77ii74 7ii7 ,nonapplicability ( rulemak+ ,section #eec ( title #e1 ,unit$ ,/ates ,code1 %all n apply to any update describ$ 9 ?is subp>agraph4 7,d7 ,notice requirem5t ,n lat] ?an #fj days be=e a revis$ sal>y ?re%old "u ?is p>agraph takes effect1 ! ,secret>y %all publi% a notice ann\nc+ ! am\nt 9 ! ,f$]al ,regi/] & on ! int]net website ( ! ,dep>tm5t ( ,labor4 4 7b7 ,publication ( e>n+s ,n lat] ?an #ba days aft] ! end ( ea* cal5d> qu>t]1 ! ,bureau ( ,labor ,/ati/ics %all publi% on its public website1 = ea* week ( su* qu>t]1 data on ! weekly e>n+s ( full-"t sal>i$ work]s by c5sus region 7z designat$ by ! ,bureau ( ! ,c5sus74 #c4 ,nonexempt duties limit = bona fide executive1 adm9i/rative1 or pr(essional employees ,section #ac7;a77#a7 ( ! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bac7;a77#a771 z am5d$ 9 section #b7;a77#a71 is fur!r am5d$-- 7#a7 by /rik+ ( a retail or s]vice e/abli%m5t %all n & ins]t+ %all2 7#b7 by /rik+ because ( & all t foll[s ?r\gh adm9i/rative activities12 7#c7 by /rik+ less ?an #dj & ins]t+ n less ?an #bj2 & 7#d7 by /rik+ su* activities & ins]t+ activities n directly or closely relat$ to ! p]=mance ( executive or adm9i/rative activities4 #d4 ,effective date ,?is ,act1 & ! am5dm5ts made by ?is ,act1 %all take effect on ! fir/ day ( ! ?ird mon? t beg9s aft] ! date ( enactm5t ( ?is ,act4