From our sister publication, ProSales:
A federal judge's preliminary injunction Nov. 22 has stopped--at least temporarily--the Labor Department's Overtime Rule from taking effect on Dec. 1. And with courts, the current Obama administration, the incoming Trump administration, a Republican-led Congress, and a nervous business community all having roles in the rule's future, construction interests face many more months of uncertainty regarding the rule's ultimate fate.
The rule's progress was halted by U.S District Judge Amos Mazzant of the Eastern District of Texas, acting on a combined pair of lawsuits brought by state officials and business groups. "Due to the approaching effective date of the Final Rule, the Court's ability to render a meaningful decision on the merits is in jeopardy," the National Lumber and Building Material Dealers Association (NLBMDA) quoted Mazzant as saying. (Read the entire ruling.) "A preliminary injunction preserves the status quo while the Court determines the department's authority to make the Final Rule as well as the Final Rule's validity."
The National Association of Home Builders said Mazzant "sent a strong signal that he could likely side with NAHB and our business coalition."