S 1046 · 119th Congress · Taxation

No Tax On Overtime Act of 2025

Introduced 2025-03-13· Sponsored by Sen. Hawley, Josh [R-MO]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2025-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only