S 1046 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
No Tax On Overtime Act of 2025
To amend the Internal Revenue Code of 1986 to exclude overtime compensation from gross income for purposes of the income tax.
Summary
This bill excludes overtime compensation from federal income tax. Specifically, wages paid as overtime compensation required under the Fair Labor Standards Act would not be counted as taxable income. The exclusion would apply to overtime compensation received after the bill is enacted.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Hawley, Josh [R-MO] (R-MO)
Actions (2)
- Mar 13, 2025 Read twice and referred to the Committee on Finance. · senate
- Mar 13, 2025 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
March 13, 2025
Mr. Hawley introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to exclude overtime compensation from gross income for purposes of the income tax.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “No Tax On Overtime Act of 2025”.
SEC. 2. EXCLUSION OF OVERTIME COMPENSATION FROM GROSS INCOME.
(a) In General.—Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 139I the following new section:
“SEC. 139J. OVERTIME COMPENSATION.
“Gross income shall not include overtime compensation required under section 7 of the Fair Labor Standards Act of 1938.”.
(b) Clerical Amendment.—The table of sections for part III of subchapter B of chapter 1 of such Code is amended by inserting after the item relating to section 139I the following new item:
“Sec. 139J. Overtime compensation.”.
(c) Effective Date.—The amendments made by this section shall apply to amounts received after the date of the enactment of this Act. <all>
Comments