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As a small business owner, it is best to keep informed of new employment laws enacted both federally and within the Sunshine state of Florida. Learn more about new regulations and changes affecting your small business.
Changes in Bankruptcy Law for Small Florida Businesses
One recently enacted legal change for small business owners in Florida is a change to their bankruptcy protections and procedures. The Small Business Reorganization Act (SBRA) recently added subchapter V to Ch. 11 of the Bankruptcy Code to reflect a better chance for small business owners to reclaim their businesses under bankruptcy practices.
This recently enacted practice also allows for better bankruptcy practices for Florida businesses. The new regulation creates a streamlined process for small businesses to reorganize by creating a plan to repay creditors over three to five years versus a shorter repayment period under the previous promulgation of regulations.
Changes under the Florida Equal Employment Opportunity Commission
As with every year in Florida state, both large and small employers must change the Equal Employment Opportunity Commission (EEOC) labor law posters in their workplace. The poster was changed from “EEO is the law” to now the most updated version titled “Know your rights.” According to the EEOC website, “The poster summarizes these laws and explains that employees or applicants can file a charge if they believe that they have experienced discrimination.”
Further, this new poster states that the new law sets out the requirement that an employer of any size requires an employer to post a notice describing the new set of Federal rules and regulations against discrimination based on race, color, sex (including but not limited to gender-based identify, sexual orientation, and pregnancy status), national origin, religion, old age discrimination, equal pay for equal work, and disability and genetic information. It also directly states that there can not be retaliation measures for filing a claim against the workplace in question.
Additionally, The Americans with Disabilities Act (ADA) requires that notices of Federal laws prohibiting job discrimination be made available in a location that is accessible to applicants and employees with disabilities that limit mobility.
Changes to the State Minimum Wage
On September 30, 2023, the official state minimum wage will increase to $12.00 USD an hour for all hours worked under Florida State law. The minimum wage is being raised each year to keep in line with inflation due to the November 3, 2020, Florida voter approval “AMENDMENT 2,” which amends Florida’s constitution to gradually increase the state’s minimum wage to $15 an hour by the year 2026.
Do you need an employment law attorney in the state of Florida?
The knowledgeable and experienced attorneys at Blacklaw, P.A. have years of experience working on various employment law issues in the state of Florida. Contact them today at 954-320-6220 for a free consult to see how they can help you with your employment issue.