Amendment #421 to H4000

An Act to exempt tax on overtime

Mr. Lombardo of Billerica moves to amend the bill by inserting at the end thereof the following outside section::-

SECTION 1. Section 1 of chapter 62 of the General Laws, as most recently amended by section 100 of chapter 140 of the acts of 2024, is hereby further amended by adding the following paragraph:-

(s) “Overtime wage”, wages paid to an hourly employee for working in excess of 40 hours per week; provided, that wages earned by salaried employees shall not constitute overtime wage.

SECTION 2. Paragraph (b) of part B of section 3 of said chapter 62, as appearing in the 2022 Official Edition, is hereby amended by adding the following subparagraph:-

(6) An amount equal to the overtime wages earned by the taxpayer within the taxable year.

Additional co-sponsor(s) added to Amendment #421 to H4000

An Act to exempt tax on overtime