,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #dgdj  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bc1 #bjbe,mrs4
 ,sykes introduced the following bill2  
which was referred to the ,committee on 
,ways and ,means  ,a ,,bill  ,to amend  
the ,internal ,revenue ,code of #aihf to
 allow a deduction for certain overtime 
compensation4  #a4 ,short title  ,this  
,act may be cited as the ,no ,tax on    
,overtime for ,all ,workers ,act4  #b4  
,deduction for certain overtime         
compensation  7a7 ,in general ,section  
#bbe7;c77#a7 of the ,internal ,revenue  
,code of #aihf is amended to read as    
follows3  7#a7 ,in general ,for purposes
 of this section1 the term qualified    
overtime compensation means--  7,a7 any 
overtime compensation paid to an        
individual required under section #g of 
the ,fair ,labor ,standards ,act of     
#aich that is in excess of the regular  
rate 7as used in such section7 at which 
such individual is employed1 or  7,b7   
any compensation paid to an individual  

that is in excess of the regular rate at
 which such individual is employed if   
such compensation is paid--  7i7 at a   
rate of not less than one and one-half  
times such regular rate1  7ii7 for work 
for a single employer that is in excess 
of a standard number of hours of such   
work for a specified period of time1 and
  7iii7 as required by a collective     
bargaining agreement1 or an agreement   
between such employer and employee1     
which-- 7,i7 was entered into before the
 performance of the work1 and  7,,ii7   
specifies that such standard number of  
hours for a specified period of time is 
not less than #dj hours for a #g-;day   
work period4  4  7b7 ,effective date    
,the amendment made by this section     
shall apply to taxable years beginning  
after ,december #ca1 #bjbd4