S. 1046
119th Congress
No Tax On Overtime Act of 2025
0
Cosponsors
2
Actions
0
Amendments
0
Committees
—
Since introduced
Read twice and referred to the Committee on Finance.
13 mars 2025·1 year ago
Summary
Introduced in Senate · Updated 13 mai 2025
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.
Timeline
2 actions
Read twice and referred to the Committee on Finance.
13 mars 2025 · IntroReferral
Introduced in Senate
13 mars 2025 · IntroReferral
Sponsorship
0 cosponsors
Sponsor
Republican:Sen. Hawley, Josh [R-MO]MOClassification
Policy area
TaxationTrack No Tax On Overtime Act of 2025 as it moves through Congress
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