S. 1046: No Tax On Overtime Act of 2025
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-03-13 |
| Sponsor | Sen. Hawley, Josh [R-MO] |
| Policy area | Taxation |
| Cosponsors | 0 |
| Latest action | 2025-03-13 — Read twice and referred to the Committee on Finance. |
| Last updated | 2025-12-05 |
Summary
Official summary (Introduced in Senate, 2025-03-13):
No Tax On Overtime Act of 2025
This bill excludes from gross income for federal income tax purposes overtime compensation paid for hours worked in excess of 40 hours per week (as required by the Fair Labor Standards Act of 1938). Under current law, overtime compensation paid to a taxpayer is included in gross income for purposes of calculating federal income taxes.
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 1046 are published by Congress on congress.gov.
View S. 1046 on congress.gov →
Frequently asked questions
What is S. 1046?
S. 1046 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: No Tax On Overtime Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 1046 are available on congress.gov.
Bill data: congress.gov API (official congressional records).