Legislation
Synopsis
Altering the exemption from overtime pay for individuals who are employed to work in an administrative, executive, or professional capacity; increasing, except under certain circumstances, the exempted compensation rate in effect for certain periods of time based on the annual growth, if any, in the Consumer Price Index; requiring the Commissioner of Labor and Industry, beginning March 1, 2026, and each subsequent year, to determine and announce the new exempted compensation rate; etc.
Committees
- Original:
- Economic Matters
Details
Bill File Type: Regular
Effective Date(s): July 1, 2025
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3-403 )
Last Updated: 3/3/2025 12:39 PM
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