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ASA Urges Speaker Johnson to Delay the Corporate Transparency Act (CTA) for One Year!

ASA Urges Speaker Johnson to Delay the Corporate Transparency Act (CTA) for One Year! ASA, along with 200 plus organizations, sent a letter to Speaker Johnson urging him to hold a vote on Rep. Nunn (R-IA)’s bipartisan legislation (H.R. 9278), which would delay the Corporate Transparency Act (CTA)’s year-end filing deadline by one year. Rep.…

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OSHA’s Proposed Heat Injury and Illness Prevention Standard Continues to Move Forward

OSHA’s Proposed Heat Injury and Illness Prevention Standard Continues to Move Forward OSHA’s proposed heat injury and illness prevention standard is now open and it will have a 120-day comment period, the deadline to submit feedback will be Monday, December 30th. Per an OSHA staffer, there will also be a “robust public hearing, with a…

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Speaker Johnson Extends the FY24 Budget Until March 2025?

Speaker Johnson Extends the FY24 Budget Until March 2025? When Congress returns next week, Speaker Johnson is expected to bring to the floor a continuing resolution (CR) next week, which would keep the government funded through March 2025. The bill will be funded at the Fiscal Responsibility Act levels minus the “side deals” worked out…

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On Interest Rate Cuts and Job Growth

On Interest Rate Cuts and Job Growth Last Wednesday, August 21, 2024, the Labor Department announced that it had overstated job growth by more than 800,000 for the 12-month period ending in March. The preliminary figures suggest employers added about 174,000 jobs per month during that period, down from the previously reported pace of about…

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National Preparedness Month

National Preparedness Month September marks the beginning of National Preparedness Month, a nationwide campaign to increase awareness about disaster and emergency preparedness. While the transition from summer to fall naturally brings attention to hurricane season, we know that natural disasters can occur at any time. Through August 2024 (NOAA), the U.S. has experienced several billion-dollar…

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Non-Compete Rule Blocked

Non-Compete Rule Blocked As a follow up to last week’s newsletter, on August 20, 2024, Judge Ada Brown of the U.S. District Court for the Northern District of Texas ruled that the Federal Trade Commission (FTC) lacks legal authority to implement its “non-compete” rule.  As we have previously alerted you in the below updates, on…

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This Week In Congress

This Week In Congress The House and Senate remain out of session until after Labor Day, but members of Congress are already negotiating their FY25 budget priorities and have been for the last few weeks prior to the August recess. The House Freedom Caucus issued a statement calling on Republican leadership to either pass all…

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Update on U.S. Department of Labor (DOL)’s Overtime Rule

Update on U.S. Department of Labor (DOL)’s Overtime Rule As we previously alerted you, as of July 1, 2024, the U.S. Department of Labor (DOL) instituted a significant change affecting the Fair Labor Standards Act’s (FLSA) overtime rules. The new overtime rule increases the minimum salary threshold for employees to qualify for the white-collar exemption…

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Update on the Federal Trade Commission (FTC)’s Non-Compete Rule

Update on the Federal Trade Commission (FTC)’s Non-Compete Rule In April, we alerted you that the Federal Trade Commission (FTC) issued a new rule which essentially bans non-compete limitations for workers in the United States.  The rule banning non-competes is scheduled to go into effect on September 4, 2024. Although practitioners have been anticipating a…

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OSHA’s Proposed Standard for Heat Injury and Illness Prevention

OSHA’s Proposed Standard for Heat Injury and Illness Prevention While most of the country has been under a record-breaking heat wave this summer, the Occupational Safety and Health Administration (OSHA) has continued to advance its proposed standard for heat injury and illness prevention – giving employers yet another reason to sweat. The agency, which has…

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