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No Tax on Overtime Act

5/28/2025, 8:03 PM

Summary of Bill HR 3118

The bill titled "To amend the Internal Revenue Code of 1986 to allow a deduction for qualified overtime compensation," designated as H.R. 3118 in the 119th Congress and introduced on April 30, 2025, aims to enable a deduction for qualified overtime compensation under the Internal Revenue Code of 1986.

Current Status of Bill HR 3118

Bill HR 3118 is currently in the status of Bill Introduced since April 30, 2025. Bill HR 3118 was introduced during Congress 119 and was introduced to the House on April 30, 2025.  Bill HR 3118's most recent activity was Referred to the House Committee on Ways and Means. as of April 30, 2025

Bipartisan Support of Bill HR 3118

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3118

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3118

To amend the Internal Revenue Code of 1986 to allow a deduction for qualified overtime compensation.
To amend the Internal Revenue Code of 1986 to allow a deduction for qualified overtime compensation.

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