106th Congress > House > Vote 747
Clerk session vote number: 139
Description: Worker Economic Opportunity Act
Bill 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.
Bill titles: A bill to amend the Fair Labor Standards Act of 1938 to clarify the treatment of stock options under the Act.
Links for more info on the vote: congress.gov
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