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CT HB06454

Bill

Official Source

Status

Introduced

2/24/2011

Primary Sponsor

Banks Committee

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Adds mortgage loan originators to the list of employees exempt from Connecticut's minimum wage and overtime requirements under section 31-76i.

  • Exemption applies to mortgage loan originators and those whose primary duty is assisting customers in identifying and securing mortgage loans.

  • Requires exempted mortgage loan originators to qualify as "highly compensated employees" as defined in 29 CFR 541.601 (federal regulations).

  • Takes effect upon passage and amends section 31-76i of the general statutes.

Legislative Description

An Act Adopting The Federal Highly Compensated Employee Exemption For Mortgage Loan Originators.

Last Action

Tabled for the Calendar, House

4/12/2011

Committee Referrals

Labor and Public Employees4/6/2011
Banks2/24/2011

Full Bill Text

No bill text available