SBA to Hold Three Roundtables on New Overtime Rule Proposal

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The U.S. Small Business Administration will be hosting three roundtables in April to discuss the Department of Labor’s new proposed overtime regulations under the Fair Labor Standards Act. NAHB members and other small businesses are encouraged to participate to express their views on the proposal. DOL proposed a new rule this month that increases the minimum salary for the "white collar" overtime exemption from $23,660 annually to $35,308 annually.  This means that workers making under $35,308 annually would be eligible for overtime pay. Learn more about the DOL rule. The goal of the roundtables is to allow SBA to hear directly from small businesses about the impact of the proposed rule, which will help inform its comments on the rule. NAHB plans to participate in the roundtable being held in Washington, D.C. If you are interested in attending any of the roundtables listed below, please RSVP to Tampa, Florida Thursday April 4, 2019 - 2-4 p.m. (EDT) Florida SBDC at the University of South Florida Port Tampa Bay Building 1101 Channelside Dr., Suite 210 Tampa, Florida 33602 Washington, D.C. Thursday April 11, 2019 - 2-4 p.m. (EDT) SBA Headquarters, Eisenhower Room B 409 Third Street SW Washington, D.C. 20416 (Call-in option available) Mobile, Alabama Tuesday April 30, 2019 - 9-11 a.m. (CDT) Mobile Area Chamber of Commerce 451 Government St. Mobile, Alabama 36602 For more information, contact Felicia Watson at 202-266-8229 or Rob Matuga at 202-266-8507.

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