Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 15.
Summary
The bill changes the Fair Labor Standards Act so that restricted stock units (RSUs) are excluded from the overtime "regular rate" calculation, just as stock options and employee stock purchase plans already are. It applies to any worker who receives RSUs, giving them the same overtime pay treatment as other equity awards. The change takes effect 90 days after the law is signed.
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