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No Tax on Overtime for All Workers Act

8/6/2025, 6:17 PM

Summary of Bill HR 4740

The bill titled "To amend the Internal Revenue Code of 1986 to allow a deduction for certain overtime compensation" was introduced in the 119th Congress on July 23, 2025.

Current Status of Bill HR 4740

Bill HR 4740 is currently in the status of Bill Introduced since July 23, 2025. Bill HR 4740 was introduced during Congress 119 and was introduced to the House on July 23, 2025.  Bill HR 4740's most recent activity was Referred to the House Committee on Ways and Means. as of July 23, 2025

Bipartisan Support of Bill HR 4740

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
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 4740

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 4740

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

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