H.R. 4740

Summary

H.R. 4740, the No Tax on Overtime for All Workers Act, was introduced in the House on Jul 23, 2025 by Rep. Emilia Sykes (D) with 1 co-sponsor. It was referred to Ways And Means, and last saw action on Jul 23, 2025: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 4740 has 1 co-sponsor.

119 HR 4740 IH: No Tax on Overtime for All Workers Act
 U.S. House of Representatives
 2025-07-23
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 4740  IN THE HOUSE OF REPRESENTATIVES   July 23, 2025   Mrs. Sykes  introduced the following bill; which was referred to the  Committee on Ways and Means    A BILL
To amend the Internal Revenue Code of 1986 to allow a deduction for certain overtime compensation.
1.
Short title
This Act may be cited as the   No Tax on Overtime for All Workers Act  .
2.
Deduction for certain overtime compensation
(a)
In general
 Section 225(c)(1)  of the Internal Revenue Code of 1986 is amended to read as follows:
(1)
In general
For purposes of this section, the term  qualified overtime compensation  means—
(A)
any overtime compensation paid to an individual required under section 7 of the Fair Labor Standards Act of 1938 that is in excess of the regular rate (as used in such section) at which such individual is employed, or
(B)
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—
(i)
at a rate of not less than one and one-half times such regular rate,
(ii)
for work for a single employer that is in excess of a standard number of hours of such work for a specified period of time, and
(iii)
as required by a collective bargaining agreement, or an agreement between such employer and employee, which—
(I)
was entered into before the performance of the work, and
(II)
specifies that such standard number of hours for a specified period of time is not less than 40 hours for a 7-day work period.
 .
(b)
Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2024.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

To amend the Internal Revenue Code of 1986 to allow a deduction for certain overtime compensation.

Sponsors

Rep. Emilia Sykes (D) sponsors H.R. 4740, and 1 member has co-sponsored it.

Emilia Sykes

Rep. · D–OH-13 · Sponsor

Introduced Jul 23, 2025

James Walkinshaw

Rep. · D–VA-11 · Co-sponsor

Joined Jan 13, 2026

Show 2 of 2 rows

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Committees

H.R. 4740 went before 1 committee: Ways and Means.

Ways and Means

Ways and Means

Referred To · Jul 23, 2025 · 1,160 Bills

Actions

H.R. 4740 has taken 2 actions since Jul 23, 2025.

Votes

H.R. 4740 has not gone to a roll call.

Titles

H.R. 4740 goes by 3 titles, 1 of them short titles.

• No Tax on Overtime for All Workers Act — Display Title
• To amend the Internal Revenue Code of 1986 to allow a deduction for certain overtime compensation. — Official Title as Introduced
• No Tax on Overtime for All Workers Act — Short Title(s) as Introduced

Lobbying

2 clients hired 2 firms and 26 registered lobbyists who named H.R. 4740 in 6 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Defense, Taxation/Internal Revenue Code, Agriculture, Budget/Appropriations, Civil Rights/Civil Liberties, Energy/Nuclear, Environment/Superfund, Foreign Relations.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 26.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 4740 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 4740’s is Taxation.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 4740, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 126 (Wednesday, July 23, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. SYKES:H.R. 4740Congress has the power to enact this legislation pursuantto the following:Article 1. Section 8, Clause 18.[Page H3650]

Source: congress.gov · legiscan.com