For you guys that run your own business.
In a nutshell, the new proposal is to allow businesses to allow employees the option of trading in overtime for time off (aka "Comp time"). It seems to me that the greatest abuses would be conducted at the small business level. There is just no guarantee that an employer will honor any time off, even though the employee can honor trading in overtime owed. Hell, I have heard stories of master tradesmen on prevailing wage government projects report their apprentices as first year even though they really aren't. In one case, a state inspector busted one such contractor for paying a third year apprentice first year wages. A dirty trick to lower a bid I'm sure, but unlike government employees that benefit from union and legal protections, at the private end things are much riskier.
Link: House approves bill to change overtime pay law | Political Headlines | Comcast