HR 8938 · 118th Congress · Taxation
Keep Every Extra Penny Act of 2024
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2024-07-08)
Plain Language Summary
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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).…
Summarized by Claude AI · Non-partisan · For informational purposes only