LEGISLATION/H.R. 8938

Keep Every Extra Penny Act of 2024

118-HR-8938118th CongressIntroduced Jul 8, 2024Taxation
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Ways and Means.

Sponsor

Rep. Fulcher, Russ [R-ID-1](R-ID-1)
6 cosponsors

Summary

Keep Every Extra Penny Act of 2024

This bill excludes from gross income, for income tax purposes, overtime compensation required to be paid by the Fair Labor Standards Act of 1938 (hours of work in excess of 40 in a week).

Actions (3)

Referred to the House Committee on Ways and Means.
Jul 8, 2024House floor actions
Introduced in House
Jul 8, 2024Library of Congress
Introduced in House
Jul 8, 2024Library of Congress