Sales Incentive Compensation Act

Fact Sheet API

Bill Number

HR 2070

Introduced

Jun 6, 2001

Latest Action

Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 8 - 6.

Sponsor

Cosponsors

Topics

Business records Commerce Government Operations and Politics Government paperwork Hours of labor Labor and Employment Minimum wages Overtime Personnel records Sales personnel Wages

Full Text

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Votes

Summary

Sales Incentive Compensation Act - Amends the Fair Labor Standards Act of 1938 to exempt from minimum wage recordkeeping and overtime compensation requirements any employee in a sales position, if the employee has: (1) specialized or technical knowledge related to products or services being sold; (2) sales which are predominantly made to persons to whom any employee in the sales position has made previous sales, or without the employee's having initiated the sales contact; (3) a detailed understanding of customers' needs, and discretion in offering a variety of products and services; and (4) a certain minimum rate of base compensation, and certain levels of additional compensation based on sales attributable to the employee.

Makes this Act inapplicable to individuals employed as route sales drivers.

Actions

Jun 27, 2001

Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 8 - 6.
Jun 27, 2001

Subcommittee Consideration and Mark-up Session Held.
Jun 6, 2001

Referred to the Subcommittee on Workforce Protections.
Jun 6, 2001

Referred to the House Committee on Education and the Workforce.
Jun 6, 2001

Sponsor introductory remarks on measure. (CR E1036-1037)
Jun 6, 2001

Introduced in House

Amendments

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