S.2323 - Worker Economic Opportunity Act106th Congress (1999-2000)
|Sponsor:||Sen. McConnell, Mitch [R-KY] (Introduced 03/29/2000)|
|Latest Action:||05/18/2000 Became Public Law No: 106-202. (TXT | PDF) (All Actions)|
|Roll Call Votes:||There have been 2 roll call votes|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2323 — 106th Congress (1999-2000)All Bill Information (Except Text)
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.
Introduced in Senate (03/23/2000)
Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.