UPDATE: Final Rule on White Collar Exemptions Expected to be Published in July 2016 and Become Effective 60 Days Later
That’s what DOL Solicitor of Labor, M. Patricia Smith, reportedly said at the 2016 American Bar Association’s Midwinter Meeting. But remember: she also said at another conference in November 2015 that the DOL was targeting a “late 2016” release date, while the DOL Labor Secretary, Thomas Perez, told Bloomberg BNA in December 2015 that he expected a spring 2016 release. So which will it be? Rest assured, we are keeping a very close eye on this and will keep you updated.