Business Groups Follow States in Suing to Overturn New Overtime Rule

September 22, 2016 25 view(s)
Business Groups Follow States in Suing to Overturn New Overtime Rule
The U.S. Chamber of Commerce, the Independent Insurance Agents & Brokers of America Inc. and some 50 other business groups filed suit on Sept. 20 to overturn a controversial rule from the Department of Labor (DOL), set to take effect on Dec. 1, that raises the salary threshold for overtime exemption from $23,660 a year to $47, 476 annually. The legal action joins a lawsuit filed the same day by the attorneys-general of 21 states targeting the overtime rule. “Once again, President Obama is trying to unilaterally rewrite the law,” said Texas Attorney-General Ken Paxton in defending the states' action. Countered DOL Secretary Thomas Perez:“We are confident in the legality of all aspects of our final overtime rule.”
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