Valuing Employee Stock Today Act
Latest action (21 Jul 2026): Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 15.
What this bill does
H.R. 8660, the Valuing Employee Stock Today Act, would amend the Fair Labor Standards Act of 1938 to add restricted stock unit (RSU) programs to the list of employer equity arrangements—alongside stock options, stock appreciation rights, and employee stock purchase plans—whose value is excluded when calculating an employee's "regular rate" of pay for overtime purposes. The bill also updates related statutory language so that "acceptance" of an equity grant, not just "exercise," triggers the exemption's conditions. Congress's stated rationale is that RSUs, now a common form of equity compensation, were not explicitly covered by the 2000 law because they were rare at the time, and this bill clarifies that they should be treated the same as other equity awards already exempted.
The bill primarily affects employers who grant equity compensation, including RSUs, to hourly or nonexempt employees, and the workers who receive such awards. By excluding RSU value from overtime calculations, it would prevent RSU grants from increasing an employee's calculated overtime pay rate, similar to existing treatment of stock options and purchase plans.
The bill was introduced by Rep. Ryan Mackenzie (R-PA) on May 4, 2026, referred to the House Committee on Education and Workforce, and was ordered reported, as amended, by a vote of 18–15 on July 21, 2026. It would next need to be considered by the full House, and if passed, by the Senate, before it could be sent to the President.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
The committees assigned to this bill sent it to the House or Senate as a whole for consideration on July 21, 2026.
Timeline
21 Jul 2026
Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 15.
Common questions
- What does H.R. 8660 do?
- H.R. 8660, the Valuing Employee Stock Today Act, would amend the Fair Labor Standards Act of 1938 to add restricted stock unit (RSU) programs to the list of employer equity arrangements—alongside stock options, stock appreciation rights, and employee stock purchase plans—whose value is excluded when calculating an employee's "regular rate" of pay for overtime purposes. The bill also updates related statutory language so that "acceptance" of an equity grant, not just "exercise," triggers the exemption's conditions. Congress's stated rationale is that RSUs, now a common form of equity compensation, were not explicitly covered by the 2000 law because they were rare at the time, and this bill clarifies that they should be treated the same as other equity awards already exempted. The bill primarily affects employers who grant equity compensation, including RSUs, to hourly or nonexempt employees, and the workers who receive such awards. By excluding RSU value from overtime calculations, it would prevent RSU grants from increasing an employee's calculated overtime pay rate, similar to existing treatment of stock options and purchase plans. The bill was introduced by Rep. Ryan Mackenzie (R-PA) on May 4, 2026, referred to the House Committee on Education and Workforce, and was ordered reported, as amended, by a vote of 18–15 on July 21, 2026. It would next need to be considered by the full House, and if passed, by the Senate, before it could be sent to the President.
- Has H.R. 8660 become law?
- Not yet. As of 21 Jul 2026, H.R. 8660 is ordered reported.
- Who sponsored H.R. 8660?
- H.R. 8660 was sponsored by Rep. Ryan Mackenzie [R-PA7] (Republican-PA), with 1 cosponsor.
- What's the latest action on H.R. 8660?
- Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 15. (21 Jul 2026).
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