NAHB, Business Groups Sue to Block Overtime Rule

NAHB and a coalition of more than 55 Texas and national business groups have filed a lawsuit against the U.S. Department of Labor (DOL) seeking to halt its federal overtime rule set to take effect Dec. 1.

Earlier this year, the DOL issued the rule, which will double the current overtime salary limit of $23,660 to $47,476. It also allows the minimum salary requirements to be raised every three years…read more