SENATE 1046119th CongressRead twice and referred to the Committee on Finance.
No Tax On Overtime Act of 2025
- Last Action
- 3/13/2025
Actions
- 2025-03-13Read twice and referred to the Committee on Finance.
- 2025-03-13Introduced in Senate
CRS Summary
As of 2025-03-13 (00)
No Tax On Overtime Act of 2025
This bill excludes from gross income for federal income tax purposes overtime compensation paid for hours worked in excess of 40 hours per week (as required by the Fair Labor Standards Act of 1938). Under current law, overtime compensation paid to a taxpayer is included in gross income for purposes of calculating federal income taxes.
Sourced from Congress.gov (public domain).
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