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Based on the bill's title, this legislation would amend the Fair Labor Standards Act to establish and automatically update an annual minimum salary threshold for employees classified as exempt executives, administrators, and professionals under federal overtime rules. Currently, the Fair Labor Standards Act allows employers to classify certain salaried employees as exempt from overtime pay requirements if they meet salary and duties tests; this bill would set a specific salary floor and adjust it yearly, potentially expanding overtime eligibility for workers below that threshold.
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