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HR 8938 118th Congress House Taxation

Keep Every Extra Penny Act of 2024

Introduced: July 8, 2024 Introduced by: Fulcher, Russ Republican · Idaho See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 8, 2024
Referred to the House Committee on Ways and Means.
Jul 8, 2024
Introduced in House
 Plain-English summary Congressional Research Service

Keep Every Extra Penny Act of 2024

This bill excludes from gross income, for income tax purposes, overtime compensation required to be paid by the Fair Labor Standards Act of 1938 (hours of work in excess of 40 in a week).

What's happening now July 8, 2024

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1