Authored by Alex Passantino
The Department of Labor has submitted the final overtime rule to OMB for review. Typically, OMB review takes 30 to 60 days. Last year, OMB reviewed the proposed rule for just about 60 days before approving it. On this timetable, DOL is looking at the possibility of a May date for publication of a final rule.
While at OMB, the public has no details on the particulars. The specific provisions only will be revealed once the final rule clears OMB review and is published in the Federal Register.
We will, of course, keep you updated of further developments.