Overtime Wages Tax Relief Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 4
- Latest action
- May 6, 2025
What it does
The Overtime Wages Tax Relief Act would allow individuals to deduct up to $10,000 ($20,000 for joint filers) of overtime pay from their taxable income, with the deduction phased out for higher earners based on modified adjusted gross income exceeding $100,000 ($200,000 for joint returns). The bill defines overtime compensation as pay at 1.5 times the regular rate for hours worked beyond standard thresholds under the Fair Labor Standards Act or qualifying collective bargaining agreements. It also includes conforming changes to ensure the deduction is available to both itemizers and non-itemizers, is not subject to certain tax limitations, and requires updated IRS reporting and withholding…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.