Congress·In Committee·H.R. 8660

Valuing Employee Stock Today Act

Employee Stock: Overtime Pay Rules

2 months ago·View on Congress.gov·Read full text

This bill is currently in the early stages of the legislative process after being sent to the House Committee on Education and Workforce for review. It is considered active, but there are no upcoming votes or hearings scheduled at this time. The bill does not have a companion version in the Senate.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

Most bills introduced in the House never make it to a final vote, and this one is currently sitting in a committee without any other sponsors listed yet.

Key Points

This bill updates federal labor laws to include restricted stock units in the list of benefits that do not affect overtime pay. Currently, the law covers things like stock options and purchase plans, but it does not specifically mention these newer types of stock awards.
The change helps hourly workers who receive company stock as part of their compensation. By clarifying the rules, it ensures that getting stock does not accidentally change how an employer has to calculate a worker's hourly overtime rate.
Congress is making this change because the original law from 2000 was written before restricted stock units became a popular way to pay employees. The goal is to encourage companies to give more workers a stake in the business without worrying about complex payroll math.
If passed, these new rules would go into effect 90 days after the bill is signed into law. This gives companies a few months to update their payroll systems and stock programs to match the new requirements.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

May 4, 2026House

Referred to the House Committee on Education and Workforce.

May 4, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Valuing Employee Stock Today Act

Bill NumberHR 8660

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Education and Workforce.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Analysis generated by AI. Always verify with official sources.