HR 4109 · 106th Congress · Labor and Employment
Worker Economic Opportunity Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Workforce Protections.(2000-05-23)
Plain Language Summary
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Worker Economic Opportunity Act - Amends the Fair Labor Standards Act of 1938 to exempt employee stock option, stock appreciation right, stock purchase, and similar employer-provided grants or rights programs from being included in overtime pay calculations, under specified conditions. Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (17)
7 Democrats10 Republicans