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Overtime Pay Tax Exemption: More Money in Your Pocket.

This bill aims to exclude overtime compensation from income tax. This means that if you work overtime, the money earned for that extra time will not be taxed, increasing your net income. These changes will take effect after the bill is enacted and will apply to all future overtime payments.
Key points
More money for overtime: Overtime pay will no longer be subject to income tax.
Increased earnings: Employees who regularly work overtime will see an increase in their net income.
Changes effective upon enactment: New rules will apply to all overtime payments received after the bill's enactment date.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_405
Sponsor: Rep. Fulcher, Russ [R-ID-1]
Process start date: 2025-01-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Keep Every Extra Penny Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_405.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-15.

What are the main provisions?

Key points include:

  • More money for overtime: Overtime pay will no longer be subject to income tax.
  • Increased earnings: Employees who regularly work overtime will see an increase in their net income.
  • Changes effective upon enactment: New rules will apply to all overtime payments received after the bill's enactment date.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Fulcher, Russ [R-ID-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Labor