By Megan Erickson Moritz
The U.S. Department of Labor's changes to the white collar exemption regulations have moved closer to publication. Earlier this week, the DOL sent the final rule to the White House Office of Management and Budget. This means the final rule could be published and publicly available sooner than many were expecting. Although we still don't have precise timing, this most recent development suggests the final rule could be approved as early as April -- but more likely by May of 2016. The Rule is likely to go into effect 60 days after it's published.
The DOL has flip-flopped about about expected timing. Last fall, the Wall Street Journal reported that the Solicitor of Labor said the final rule wasn't expected until late 2016. Others surmised the final rule should be expected in July of 2016. It seems, however, the agency is likely eager to push the rule forward as soon as possible to avoid a challenge under the Congressional Review Act.
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