Overtime Plan: A Tax On Business? [Corrected 09/03/04] ; Maine Business Leaders Attempt to Determine the Effect of the Baldacci Administration's Proposal.

Summary


Business leaders on Wednesday questioned whether re- vamped overtime rules proposed by the Baldacci administration amount to a tax on doing business in Maine.

The proposed state rules seek to maintain overtime pay for workers who would lose it under Bush administration regulations that took effect Aug. 23. The key difference between the federal regulations and the proposed state rules addresses who is exempt from overtime. Essentially, the federal rules allow overtime for some employees who weren't eligible before, while exempting other employees who had received overtime.

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Overtime Plan: A Tax On Business? [Corrected 09/03/04] ; Maine Business Leaders Attempt to Determine the Effect of the Baldacci Administration's Proposal.

The state rules seek to keep overtime applicable to workers who had been eligible previously - while also allowing the new class of employees to receive overtime under the federal rules.

"I think the reality is that you're looking at potentially increasing the cost of business here, vi...

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