Pure genius...But, this will "allow the wealthy to have more cash flow to create jobs!" Idiots...
Alabama Republican Introduces Bill to Eliminate Overtime Pay
Posted by Warm Southern Breeze on Sunday, April 21, 2013
I wouldn’t have believed it had I not read it for myself from the official Congressional website.
U.S. Representative Martha Roby, a Republican from Alabama’s 2d Congressional District has introduced H.R. 1406, officially named the “Working Families Flexibility Act of 2013” which would END the requirement of the Fair Labor Standards Act for employers to pay Time-and-a-Half to employees for every hour worked over 40 in one week.
http://beta.congress.gov/bill/113th-congress/house-bill/1406
The Congressional Budget Office has reported on the bill, and in part wrote that:
“H.R. 1406 would amend the Fair Labor Standards Act of 1938 to provide compensatory time for employees in the private sector. In lieu of overtime pay, employees could receive compensatory time off at a rate not less than one and one-half hours for each hour of employment for which overtime pay would otherwise have been required. Such compensatory time could be provided only in accordance with a collective bargaining agreement or with the consent of affected employees. The changes would be effective for five years after enactment of the bill.”
The CBO’s full report of the one page document may be downloaded here:
(https://www.cbo.gov/sites/default/files/cbofiles/attachments/hr1406.pdf)
Mrs. Roby’s act, H.R. 1406, would be, according to the CBO report, “revenue neutral.” In other words, it would NOT affect the cost or performance of the federal government, or of state or local governments, nor would it impose any costs upon them. In fact, the report states:
“Enacting H.R. 1406 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. Implementing the bill also would not affect spending subject to appropriation. H.R. 1406 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.”
https://warmsouthernbreeze.wordpres...an-introduces-bill-to-eliminate-overtime-pay/
Alabama Republican Introduces Bill to Eliminate Overtime Pay
Posted by Warm Southern Breeze on Sunday, April 21, 2013
I wouldn’t have believed it had I not read it for myself from the official Congressional website.
U.S. Representative Martha Roby, a Republican from Alabama’s 2d Congressional District has introduced H.R. 1406, officially named the “Working Families Flexibility Act of 2013” which would END the requirement of the Fair Labor Standards Act for employers to pay Time-and-a-Half to employees for every hour worked over 40 in one week.
http://beta.congress.gov/bill/113th-congress/house-bill/1406
The Congressional Budget Office has reported on the bill, and in part wrote that:
“H.R. 1406 would amend the Fair Labor Standards Act of 1938 to provide compensatory time for employees in the private sector. In lieu of overtime pay, employees could receive compensatory time off at a rate not less than one and one-half hours for each hour of employment for which overtime pay would otherwise have been required. Such compensatory time could be provided only in accordance with a collective bargaining agreement or with the consent of affected employees. The changes would be effective for five years after enactment of the bill.”
The CBO’s full report of the one page document may be downloaded here:
(https://www.cbo.gov/sites/default/files/cbofiles/attachments/hr1406.pdf)
Mrs. Roby’s act, H.R. 1406, would be, according to the CBO report, “revenue neutral.” In other words, it would NOT affect the cost or performance of the federal government, or of state or local governments, nor would it impose any costs upon them. In fact, the report states:
“Enacting H.R. 1406 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. Implementing the bill also would not affect spending subject to appropriation. H.R. 1406 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.”
https://warmsouthernbreeze.wordpres...an-introduces-bill-to-eliminate-overtime-pay/
