,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #dgdj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #bc1 #bjbe,mrs4 
,sykes introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to all[ a d$uction =     
c]ta9 ov]time comp5sation4  #a4 ,%ort   
title  ,?is ,act may be cit$ z ! ,no    
,tax on ,ov]time = ,all ,work]s ,act4   
#b4 ,d$uction = c]ta9 ov]time           
comp5sation  7a7 ,9 g5]al ,section      
#bbe7;c77#a7 ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$ to read z foll[s3  7#a7
 ,9 g5]al ,= purposes ( ?is section1 !  
t]m qualifi$ ov]time comp5sation means--
  7,a7 any ov]time comp5sation paid to  
an individual requir$ "u section #g ( ! 
,fair ,labor ,/&>ds ,act ( #aich t is 9 
excess ( ! regul> rate 7z us$ 9 su*     
section7 at :i* su* individual is       
employ$1 or  7,b7 any comp5sation paid  
to an individual t is 9 excess ( !      
regul> rate at :i* su* individual is    
employ$ if su* comp5sation is paid--    

7i7 at a rate ( n less ?an "o & "o-half 
times su* regul> rate1  7ii7 = "w = a   
s+le employ] t is 9 excess ( a /&>d     
numb] ( h\rs ( su* "w = a specifi$ p]iod
 ( "t1 &  7iii7 z requir$ by a          
collective b>ga9+ agreem5t1 or an       
agreem5t betwe5 su* employ] & employee1 
:i*-- 7,i7 0 ent]$ into be=e ! p]=mance 
( ! "w1 &  7,,ii7 specifies t su* /&>d  
numb] ( h\rs = a specifi$ p]iod ( "t is 
n less ?an #dj h\rs = a #g-;day "w      
p]iod4  4  7b7 ,effective date ,!       
am5dm5t made by ?is section %all apply  
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjbd4