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.
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| Congress | 119 |
| Bill Type | S |
| Bill Number | 1046 |
| Origin Chamber | Senate |
| Current Status | Read twice and referred to the Committee on Finance. |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | March 13, 2025 |
| Latest Action | March 13, 2025 |
| Cosponsors | 0 · House vote — · 1 views |