Court Vacates New Overtime Rule in Major Win for NAHB
From NAHB Blog
In a major win for NAHB members on November 15, the Eastern District of Texas issued a nationwide injunction in a coalition lawsuit NAHB filed challenging the Department of Labor’s 2024 Overtime Rule. As a result of the ruling, the salary level for determining overtime pay eligibility for salaried employees — categorized as executive, administrative or professional workers — has been lowered to the pre-2024 level of $35,568.
“This is a huge win for NAHB, home builders and remodelers, and associated subcontractors,” said NAHB Chairman Carl Harris. “The ruling means that bureaucrats in Washington cannot arbitrarily mandate salary levels when regulating how employees are paid and must abide by established labor laws.”
In late 2023, the DOL proposed a rule that would increase the current salary level for determining overtime pay requirements for executive, administrative, professional, outside sales and computer employees from $684 a week ($35,568 annualized) to $1,059 a week ($55,068 annualized) — a nearly 55% increase.