ACCA Supports Elimination of Obama-era Overtime Rule
The rule was blocked in November
ARLINGTON, Va. — ACCA lauded action by the Eastern District Court of Texas striking down the Obama administration’s overtime rule, which would have required employers to pay overtime to most salaried workers earning less than $47,476 annually, a drastic increase from the current annual salary limit of $23,660.
The rule was initially blocked in November last year, but the most recent judgment will permanently strike down this regulation.