WASHINGTON – House Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) sent a letter to Acting Labor Secretary Julie Su requesting that the Department of Labor extend its comment period on a proposed overtime rule that will negatively impact workers, students, small business owners, nonprofits, and more.
In the letter, Foxx writes:“Among other changes, this proposed rule significantly raises the salary threshold—which was recently updated in 2019—for employees to be considered exempt from overtime rules under the Fair Labor Standards Act. Because this far-reaching regulatory change will impact countless businesses and other employers, we are concerned that WHD allowed only for a 60-day period for public comment.”
The letter continues:“Overtime regulations have far-reaching implications for both employers and employees. Any effort resulting in increased compliance costs and confusion will need to be considered along with labor market trends, current economic conditions, and other burdens that already negatively affect nonprofits, institutions of higher education, private sector businesses, and other employers.”
Foxx concludes:“Providing a more reasonable amount of time for the public to evaluate the NPRM will help ensure that such a regulatory change at this time is in the best interest of affected stakeholders and the economy, and that the benefits would truly outweigh the costs.”