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HR Issues Update
 

   11/8/2013
 

Capitol Hill Update

SHRM-Supported Comp Time Bill Introduced in the Senate
Last week, Republican Leader Sen. Mitch McConnell (R-KY) introduced
S. 1626, the Family Friendly and Workplace Flexibility Act of 2013. This SHRM-supported legislation to allow for compensatory time for private-sector hourly employees is similar to H.R. 1406, the Working Families Flexibility Act that passed the House of Representatives on May 8, 2013. [ More ]

Senate Approves the Employment Non-Discrimination Act (ENDA)
On Thursday, Nov. 7, the Senate set in motion a potential showdown with the House in 2014 over legislation (S.B. 815), sponsored by Sen. Jeff Merkley (D-OR), that would prohibit employers of 15 or more employees from discriminating against employees on the basis of sexual orientation or gender identity. The measure, which exempts certain religious organizations, passed the Senate by a bipartisan vote of 64 to 32 (with 4 members absent), as 52 Democrats joined with 10 Republicans and two Independents in approving the Employment Non-Discrimination Act of 2013. [ More ]

SHRM-Backed Coalition Launches Effort to Preserve Tax Treatment of Retirement Contributions
Yesterday, Nov. 7, the SHRM-led Coalition to Protect Retirement officially launched its comprehensive advocacy and outreach strategy in support of employer-sponsored retirement plans. The Coalition, which has been working diligently since 2010 anticipating that Congress could look to the tax treatment and structure of employer-provided retirement plans to raise revenue for debt reduction purposes, is comprised of the leading trade and professional associations representing retirement plan sponsors, administrators, service providers and related financial institutions. Its mission is to encourage and support retirement savings for American employees by supporting tax incentives critical to retirement security. [ More ]

FSA Developments

Treasury Department Adopts SHRM-Supported FSA Rule Change
Last week, the U.S. Department of the Treasury modified its “use it or lose it” rule to allow employees to roll over up to $500 of unused funds in their flexible spending accounts (FSAs) from one year to the next. SHRM submitted comments to the agency in August 2012 supporting this change and has been a longtime legislative champion of allowing FSA amounts to carry over from one year to the next. [ More ]

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