Item number 4 is now clarified to exempt computer professionals paid an annual salary of $75,000 or greater, or at a rate of at least $6,350 per month rather than the more restrictive prior interpretation which resulted in elimination of exemption status based upon overtime pay which resulted in a rate of less than $36 per hour. This dramatically streamlines the recordkeeping process and reduces the risk of potential lawsuits arising from employees which worked more than 40 hours in one week causing the hourly compensation rate to drop below the $36 per hour level. Effective immediately, computer professionals may be exempt from overtime if they earn $36 per hour or an annual salary of $75,000 (or greater) for full-time employment paid in monthly amounts of not less than 1/12th the annual salary.

Uh-oh? I have a hard time imagining that this would not cover employees in the game industry.

Edit: Joystiq, the law went into effect last October.