Branstad: Overtime rule would cost Iowa government, universities $19M
BPC Staff Sep 21, 2016 | 4:17 pm
<1 min read time
73 wordsAll Latest News, Government Policy and Law, Statewide NewsDes Moines Register: Iowa has joined 20 other states in an effort to resist new overtime regulations handed down by President Barack Obama’s Labor Department. The new rules, announced in May, would make about 120,000 more Iowans eligible for overtime protections. Beginning in December, salaried employees earning $47,476 or less per year must be paid time-and-a-half for working more than 40 hours in a week. The previous threshold was half that — $23,660.