S.Amdt. 2613

Ms. Cantwell submitted amendment SA 2613 to hold our officials accountable to what goes into these bills. Let us look at what this change actually aims to do based strictly on the text provided.

The amendment aims to change the bill by striking subsection (c) of section 225 of the Internal Revenue Code of 1986, as added by section 70202(a), and replacing it with a new definition for qualified overtime compensation.

According to the text, this new definition adds specific rules for what counts as overtime compensation paid to a taxpayer. Specifically, it must meet the following requirements:

• Paid at a rate exceeding the regular rate of employment.

• Performed for a single employer at a required rate pursuant to section 7 of the Fair Labor Standards Act of 1938.

• Performed under certain agreements, such as collective bargaining agreements or understandings between employers and employees made before the work is performed, requiring work to exceed a maximum number of hours not less than 40 hours for a 7-day work period.

• Performed under agreements or arrangements—including collective bargaining agreements—between crewmembers (including flight crewmembers) or labor organizations and employers covered by the Railway Labor Act.