A bill 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.
Referred to the Subcommittee on Workforce Protections.
Measure laid before Senate by unanimous consent. (consideration: CR S2575-2586)
Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 95 - 0. Record Vote Number: 81.(text: CR S2586)
Roll Call #81 (Senate)Passed Senate without amendment by Yea-Nay Vote. 95 - 0. Record Vote Number: 81. (text: CR S2586)
Roll Call #81 (Senate)Message on Senate action sent to the House.
Received in the House.
Held at the desk.
Mr. Goodling moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H2437-2449)
DEBATE - The House proceeded with forty minutes of debate on S. 2323.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Enacted as Public Law 106-202
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Considered as unfinished business. (consideration: CR H2467)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 421 - 0 (Roll no. 139).(text: CR H2467)
Roll Call #139 (House)Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 421 - 0 (Roll no. 139). (text: CR H2467)
Roll Call #139 (House)Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 106-202.
Became Public Law No: 106-202.