H.R. 4109 — Worker Economic Opportunity Act

Summary

Worker Economic Opportunity Act - Amends the Fair Labor Standards Act of 1938 to exempt employee stock option, stock appreciation right, stock purchase, and similar employer-provided grants or rights programs from being included in overtime pay calculations, under specified conditions.

Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.

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Legislative Actions

2000-03-29
Introduced in House
2000-03-29
Introduced in House
2000-03-29
Referred to the House Committee on Education and the Workforce.
2000-03-30
Sponsor introductory remarks on measure. (CR E455)
2000-05-23
Referred to the Subcommittee on Workforce Protections.

Worker Economic Opportunity Act

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Summary

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