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Keep Every Extra Penny Act of 2024

USA118th CongressHR-8938| House 
| Updated: 7/8/2024
Russ Fulcher

Russ Fulcher

Republican Representative

Idaho

Cosponsors (6)
Clay Higgins (Republican)Brett Guthrie (Republican)Jeff Duncan (Republican)Michael A. Rulli (Republican)Lauren Boebert (Republican)Derrick Van Orden (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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).
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Timeline
Jul 8, 2024
Introduced in House
Jul 8, 2024
Referred to the House Committee on Ways and Means.
  • July 8, 2024
    Introduced in House


  • July 8, 2024
    Referred to the House Committee on Ways and Means.

Taxation

Keep Every Extra Penny Act of 2024

USA118th CongressHR-8938| House 
| Updated: 7/8/2024
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).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 8, 2024
Introduced in House
Jul 8, 2024
Referred to the House Committee on Ways and Means.
  • July 8, 2024
    Introduced in House


  • July 8, 2024
    Referred to the House Committee on Ways and Means.
Russ Fulcher

Russ Fulcher

Republican Representative

Idaho

Cosponsors (6)
Clay Higgins (Republican)Brett Guthrie (Republican)Jeff Duncan (Republican)Michael A. Rulli (Republican)Lauren Boebert (Republican)Derrick Van Orden (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted