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Overtime Bill Would Help Businesses and Workers
Filed in Capitol Hill, Codes and Regulations, Labor, Safety and Health on July 14, 2016 • 2 Comments
NAHB today commended Rep. Kurt Schrader (D-Ore.) for introducing legislation that helps small businesses and their workers by mitigating the effects of the U.S. Department of Labor’s unprecedented doubling of the overtime threshold.
“The nation’s home builders applaud Rep. Schrader for sponsoring this important bill that represents a balanced approach to raise the overtime threshold for workers while minimizing the impact on small businesses,” said NAHB Chairman Ed Brady.
This spring, the Department of Labor issued its final overtime rule that will double the current overtime salary limit of $23,660 to $47,476 on Dec. 1, 2016. NAHB and others small business leaders have warned that such a huge jump in such a short time frame could actually hurt many of the workers the rule was meant to help by forcing small business owners to scale back on pay and benefits, as well as cutting workers’ hours.
Many Republican leaders in Congress have expressed similar concerns, and this legislation is a sign of growing bipartisan momentum against the rule, said Brady.
The Overtime Reform and Enhancement Act would raise the overtime salary threshold to the Department of Labor’s $47,476 rate under the following timetable:
• Dec 1, 2016 — $35,984
• Dec. 1, 2017 — $39,814
• Dec. 1, 2018 — $43,645
• Dec. 1, 2019 — $47,476
Moreover, the legislation would eliminate a provision in the rule that requires automatic increases to the overtime salary threshold moving forward.
“The vast majority of home building firms are small businesses that employ fewer than 10 workers,” said Brady. “By gradually ramping up the overtime salary threshold, this legislation will ensure that the law remains relevant for today’s workforce. It also allows small businesses operating on tight budgets sufficient time to adjust.”
For more information, email Suzanne Beall at NAHB or call her at 800-368-5242 x8407.
01/20/2016 Passage of House Resolution Overturning WOTUS Rule: On January 13, the House approved a Senate-passed Congressional Review Act resolution (S. J. Res. 22) that would rescind the ill-advised “waters of the United States” (WOTUS) rule issued by the Environmental Protection Agency and U.S. Army Corps of Engineers. The White House has threatened to veto the measure. The rule went into effect on Aug. 28, but the U.S. Court of Appeals for the Sixth Circuit enacted a nationwide stay on Oct. 9. NAHB Chairman Tom Woods issued an official statement that said: “By dramatically extending the areas in which home builders are required to get permits, the rule will lead to bureaucratic delays, increase project costs and mitigation fees, and harm housing affordability. Two courts have already ruled that there is a high likelihood that the rule is illegal and have temporarily stopped its implementation. These court decisions highlight the fact that there are serious problems with the rule and that EPA and the Corps should scrap it and go back to the drawing board. “NAHB urges President Obama to allow this resolution to take effect by signing it when it reaches his desk.” For more information contact Courtney Briggs at 800-368-5242 x8459.