NAA/NMHC Working to Turn Back Overtime Rule
NAA/NMHC sent a detailed comment letter to the House Committee on Education and the Workforce on June 6 urging the swift approval of the Protecting Workplace Advancement and Opportunity Act, which would overturn the Department of Labors (DOL) final overtime rule issued last month. The legislation would also require that a comprehensive economic and impact analysis be conducted prior to a subsequent rule being finalized.
Specifically, the DOLs final overtime rule lifts the overtime pay threshold from $23,660 to $47,476 impacting an estimated 4.2 million workers nationwide. Effective December 1, 2016, executive, administrative and professional employees who are paid by the hour, or earn less than the threshold, will be eligible for overtime pay.
Our letter was sent in advance of the Committees scheduled June 9 hearing focused on examining the final overtime rule. NAA/NMHC have continued to work to overturn this rule since its initial introduction because, in part, it would harm the ability of multifamily employers to implement, and their employees to take advantage of, flexible scheduling options. The final rule would also limit career advancement opportunities for employees.
NAA/NMHC also joined with the Partnership on Protecting Workplace Opportunity (PPWO) to send another letter demonstrating the wide range of businesses that the rule would harm. We are working closely with the PPWO to turn back the rule.
While prospects for derailing the rule are unclear, there is no shortage of legislative vehicles. In addition to the Protecting Workplace Advancement and Opportunity Act, which has been introduced in both congressional chambers, Senate Health, Education, Labor and Pensions Chairman Lamar Alexander (R-Tenn.) introduced a measure on June 7 to overturn the rule through use of the Congressional Review Act. Lawmakers are also reportedly considering amendments to upcoming appropriations bills to bar the DOL from using funds to implement the rule.
Provided by NMHC as part of the NAA/NMHC Joint Legislative Program