HR 1981
114th Congress
House
Labor and Employment
Labor standards
Wages and earnings
Employee Bonus Protection Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2015
Referred to the Subcommittee on Workforce Protections.
Apr 23, 2015
Referred to the House Committee on Education and the Workforce.
Apr 23, 2015
Introduced in House
Plain-English summary
Employee Bonus Protection Act
This bill amends the Fair Labor Standards Act of 1938 to exclude from the regular rate at which an employee is employed (and at which overtime compensation is calculated) any sums paid in recognition of services performed during a given period if the payments are made to reward an employee or group of employees for meeting or exceeding the productivity, quality, efficiency, or sales goals specified in writing in a gainsharing plan, incentive bonus plan, commission plan, or performance contingent bonus plan and made available to the employees.
The amount of the payments made under the plan (and excluded from calculation of overtime compensation) must be:
- based upon a formula stated in the plan, and
- established and maintained in good faith for the purpose of distributing to employees additional remuneration over and above the wages and salaries that are not dependent upon the existence of the plan or payments made pursuant to it.
What's happening now
Referred to the Subcommittee on Workforce Protections.
Committees of jurisdiction
2
Cosponsors
1