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HR 8660 Cleared committee

Excludes the value of restricted stock units from the regular rate used to calculate overtime pay under the Fair Labor Standards Act.

Official title: Valuing Employee Stock Today Act

Next stop House floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 04-MAY-2026
Referred 04-MAY-2026
Approved by committee 21-JUL-2026
Key points
  • Amends Section 7(e)(8) of the Fair Labor Standards Act to add restricted stock unit programs to the employer equity exemption from regular rate determinations.
  • Extends the exemption's existing reference to exercise of an equity right so that it also covers acceptance of one.
  • States that the 2000 omission of restricted stock units from the exemption was not an intentional exclusion.
  • Takes effect 90 days after enactment of this Act.
AI-generated from the Introduced in House text of 04-MAY-2026 · verify · report an error
Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

CRS is the Library of Congress's nonpartisan research office. Check on congress.gov
Committee referrals (1) Policy area

Labor and Employment

Sponsor Ryan Mackenzie (R-PA) Cosponsors · 1
■ 1 R
1 Republican