Apparently, the fate of the Department of Labor's ("DOL") overtime regulations remains a somewhat fluid and unsettled situation. On May 4, 2004, the Senate approved two amendments to an unrelated tax bill ostensibly designed to preserve overtime protection of certain groups of previously non-exempt employees. At this time, it is uncertain what will become of these amendments in the House of Representatives. Therefore, we advise that clients remain attentive to developments and we will continue to monitor this issue over the coming months. As previously reported (see link below), the DOL's regulations were set to take effect on August 23, 2004.
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