If I take 8 hours paid time off in a work week or have 8 hour holiday pay and then work 40 hours in the same work week, is my employer required to pay 8 hours time and on half for the eight hours over forty? If time and !/2 is due for that 8 hours, should it be paid on the check for that same pay period?

By law, you get time and a half for hours WORKED over 40 in a work week. Paid time off (holiday, sick, vacation) does not count as work, so 40 work hours and eight holiday hours = 48 hours straight pay, no overtime.

Note that some companies are generous and do pay OT when they are not legally required to do so.

And Scott's answer is true in all 50 states.