by Dawn Bauman, CAE | May 30, 2024 | Federal Advocacy
Regulatory News INCREASE IN SALARY THRESHOLD FOR EXEMPT EMPLOYEES. The U.S. Department of Labor approved regulations to increase the threshold salary for exempt (salaries) employees. Current- $35,568 July 1, 2024 – $43,888 Jan. 1, 2025 – $58,656 Starting...
by Dawn Bauman, CAE | Apr 3, 2024 | Corporate Transparency Act, Federal Advocacy
As of March 1, the Alabama Federal Court found the Corporate Transparency Act to be unconstitutional, and chaos ensued. Unfortunately, the court ruling doesn’t apply to community associations — condominiums, housing cooperatives, and homeowners associations. ...
by Ben Price | Aug 11, 2022 | Federal Advocacy
UPDATE 8/16/22: The House passed H.R. 5376, the Inflation Reduction Act on 8/12/22, and President Biden signed it into law on 8/16/22. On August 7, the Senate passed H.R. 5376, the Inflation Reduction Act of 2022 on a party-line vote. A vote in the House is expected...
