Restoring Overtime Pay Act of 2023

This bill raises the salary threshold for white-collar workers (executives, administrators, professionals) to qualify for overtime pay under federal law. It sets new annual salary minimums: $45,000 starting in 2023, increasing to $55,000 in 2024, $65,000 in 2025, $75,000 in 2026, and then automatically adjusting yearly based on the 55th percentile of full-time salaried workers' earnings. The bill also limits exempt employees to no more than 20 hours per week on duties not directly related to their exempt roles. It directly affects millions of salaried workers currently excluded from overtime pay due to the current $35,568 annual threshold. The changes aim to restore overtime protections to historic levels by updating the threshold to reflect modern wages.