Removing Barriers Blog

SBA announces Regional Roundtables on DOL’s Overtime Rule
Posted March 19, 2019 by Chandler Schuette

The Small Business Administration (SBA) announced several regional roundtables to discuss the Department of Labor’s (DOL) proposed Overtime Rule, which would increase the minimum salary for the “white collar” overtime exemption from $23,660 annually to $35,308 annually.  In effect, under the proposal, workers earning under $35,308 annually would be eligible for overtime pay if they work more than 40 hours per week. 

The SBA Roundtables will be an opportunity for the SBA to hear directly from credit unions about the potential impact of the proposed rule.  Comments on the rule are due 60 days after its publication in the Federal Register (TBD).

Credit unions interested in participating in these roundtables must RSVP to Janis.Reyes@sba.gov.

 

Tampa, Florida
Thursday, April 4, 2019 -  2:00 pm - 4:00 pm (EDT)
Florida SBDC at the University of South Florida Port Tampa Bay
Building 1101 Channelside Dr., Suite 210
Tampa, FL 33602

 

Washington, DC
Thursday, April 11, 2019 - 2:00 pm - 4:00 pm (EDT)
SBA Headquarters, Eisenhower Room B 409 Third Street SW
Washington, DC 20416
(Call-in option available)

 

Mobile, Alabama
Tuesday, April 30, 2019 - 9:00am – 11:00 am (CDT)
Mobile Area Chamber of Commerce 451 Government St.
Mobile, Alabama 36602