Restore Overtime Protections for Maine Workers
| Category: | Wage and Labor |
|---|---|
| Status: | In Committee |
| Sponsor: | Representative Ryan Tipping, House 123 |
| Session: | 129 |
| Bill #: | LD 402 |
Position:
Opposed.
UPDATE 2/13/2020: The bill sponsor presented an amendment to change the formula from 3000x minimum wage to 3500x in 2021, 4000x in 2022, and 4500x in 2023. This could increase the salary level to nearly $59,000. This is a larger increase than the original bill!
Summary:
This bill annually raises the minimum salary that an employee who works in an executive, administrative or professional capacity must earn in order for that employee to be exempt from the laws governing the minimum wage and overtime pay until it is $55,224 on January 1, 2022. The bill provides for an annual adjustment, beginning January 1, 2023, based on the percentage annual increase in certain earnings as published by the United States Department of Labor, Bureau of Labor Statistics.
Beginning October 1, 2019, the rate is $33,000; beginning January 1, 2020, the rate is $40,408; beginning January 1, 2021, the rate is $47,816; and beginning January 1, 2022, the rate is $55,224.