Regulators in the state of Washington wrapped up a public comment period this past week for a proposal to increase the salary threshold (below which virtually all workers in the state would be eligible for overtime pay) to almost $72,000 per year! Currently, the federal threshold stands at $455 per week, or $23,660 annually. Washington, which has its own threshold as do many other states, currently has a minimum on the books of $250 per week, or $13,000 per year. You will recall that the Obama administration tried to double the federal threshold to over $47,000, but was stopped by the courts. The public comment period on the regulatory proposal closed last Friday, October 26.