119th Congress
S. 1046
No Tax On Overtime Act of 2025
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Josh Hawley(R-MO)
- Introduced
- Mar 13, 2025
- Policy area
- Taxation
- Committees
- Senate Committee on Finance
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
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.
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 13, 2025 · Senate
Read twice and referred to the Committee on Finance. - Mar 13, 2025
Introduced in Senate