Federal Court Strikes Down U.S. DOL Overtime Exemptions Rule Nationwide On November 15, 2024, a Texas federal court struck down a U.S. Department of Labor (DOL) rule that raised the minimum salary required to be paid to most employees classified as exempt from overtime and minimum wage requirements under the Fair Labor Standards Act (FLSA). The court’s decision blocks the minimum compensation increases that were scheduled to go into effect on January 1, 2025, and invalidates the previously required July
Federal Court Halts Corporate Transparency Act Reporting Requirements A federal court has issued an injunction halting the implementation of the Corporate Transparency Act's (CTA) reporting requirements for small businesses.Unless and until an appellate court overrules or narrows this decision, small businesses are not obligated to comply with the CTA reporting mandates.Read more:https://lnkd.in/gqkw2GHh
FOR IMMEDIATE RELEASENovember 8, 2024 Contact: Becki Womble, CCE, IOM President & CEO (512) 303-0558 bwomble@bastropchamber.com BASTROP CHAMBER OF COMMERCEsupports passage of ballot initiative for creation of BASTROP COUNTY EMERGENCY SERVICES DISTRICT #3 Bastrop, TX (November 8, 2024) — Prior to the November 5, 2024, General Election, the Bastrop Chamber of Commerce Board of Directors passed a resolution in support of the establishment of the Bastrop County Emergency
FOR IMMEDIATE RELEASENovember 25, 2024 Contact: Becki Womble, CCE, IOM President & CEO (512) 303-0558 bwomble@bastropchamber.com BASTROP CHAMBER OF COMMERCEsupports PROTECTION OF EMPLOYEE RETIREMENT INCOME SECURITY ACT(ERISA) Bastrop, TX (November 25, 2024) — Through its partnership with the Texas Association of Business (TAB), the Bastrop Chamber of Commerce joined numerous Central Texas Chambers of Commerce by signing on to a Letter of Support to protect the Employee