HR 4109
106th Congress
House
Labor and Employment
Employee stock options
Employers' liability
Finance and Financial Sector
Law
Overtime
Wages
Worker Economic Opportunity Act
Introduced: March 29, 2000
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 23, 2000
Referred to the Subcommittee on Workforce Protections.
Mar 30, 2000
Sponsor introductory remarks on measure. (CR E455)
Mar 29, 2000
Referred to the House Committee on Education and the Workforce.
Mar 29, 2000
Introduced in House
Plain-English summary
Worker Economic Opportunity Act - Amends the Fair Labor Standards Act of 1938 to exempt employee stock option, stock appreciation right, stock purchase, and similar employer-provided grants or rights programs from being included in overtime pay calculations, under specified conditions.
Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.
What's happening now
Referred to the Subcommittee on Workforce Protections.
Committees of jurisdiction
2
Cosponsors
1