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Idaho Statute 11-605 exempts $7000 in a motor vehicle.
You may read the statute at this link - see #3:
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Under the Fair Labor Standards Act (FLSA), employers must classify employees as either non-exempt or exempt. Exempt employees are not entitled to overtime. Non-exempt employees are entitled to overtime.Therefore in determining whether you are entitled to overtime, you must first determine whether you are exempt or nonexempt.
The issue of categorizing employees as exempt versus non-exempt is very complex. There is not an easy definition. Here is information from the Department of Labor regarding classification: http://www.dol.gov/elaws/esa/flsa/overtime/menu.htm