Summary: H.R.4109 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.R.4109. Bill summaries are authored by CRS.

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Introduced in House (03/29/2000)

Worker Economic Opportunity Act - Amends the Fair Labor Standards Act of 1938 to exempt employee stock option, stock appreciation right, stock purchase, and similar employer-provided grants or rights programs from being included in overtime pay calculations, under specified conditions.

Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.