To amend the Fair Labor Standards Act of 1938 to clarify the treatment of stock options under the Act.
Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.
Referred to the Subcommittee on Workforce Protections.
Became Public Law No: 106-202.
Introduced in House
Introduced in House
Referred to the House Committee on Education and the Workforce.
Sponsor introductory remarks on measure. (CR E455)
Referred to the Subcommittee on Workforce Protections.
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