Small Business Urges Bipartisan Support Today on Bill to Delay Onerous Overtime Regulation

Date: September 28, 2016

Contact: Kelly Klass, 609-713-4243 or [email protected] 

Every
m
ember of the House who claims to support small business should vote for
six-month delay, says National Federation of Independent Business (NFIB)

Washington,
D.C. (September 28, 2016)
– Time is running out for small business
owners to comply with the Department of Labor’s (DOL) controversial Overtime Rule
and the House should act today to extend the deadline, said the National Federation of Independent Business
(NFIB).

“Small business owners have only weeks to comply with a new
regulation that will be extremely costly and disruptive,” said NFIB President and CEO Juanita Duggan.
“The House will vote today on a bill to extend the deadline for six months, and
we strongly encourage members of both parties to support the measure.”  

The U.S. House of Representatives today will consider legislation
introduced by Rep. Tim Walberg (R-MI), which would push back the looming
deadline to June 1, 2017.  If the House
fails to pass the bill, small business owners will have only until December 1st
to identify eligible employees, restructure their payroll systems, and
potentially convert salaried workers into hourly employees. 

“Small employers typically do not have HR departments and
compliance professionals to help them implement massive new rules like this,”
said Duggan.  “Complying with this regulation will be complicated,
time-consuming, and expensive.  It’s
hugely problematic for a wide range of employers, including small businesses,
universities and colleges, local governments, and non-profit
organizations. 

A coalition of business groups, including NFIB, and a
coalition of 21 states filed separate lawsuits last week asking a federal court
to block the Overtime Rule. NFIB also filed a petition requesting that the DOL
delay the compliance deadline until June 1, 2017, giving small business owners
a crucial six-month extension.

“Small Businesses appreciates Rep. Walberg for having made
this an urgent priority,” said Duggan. “We are optimistic that the Senate will
act as well.”

For more information about NFIB, please visit www.NFIB.com/Overtime

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