A newly introduced bill by Rep. Ryan Mackenzie is intended to provide clear guidelines on the treatment of restricted stock units under overtime pay law, the U.S. Congress reports.
H.R.8660 entered the legislative process on May 4, 2026, as part of the 119th Congress’s regular session. Below is a summary reflecting our review of the full bill, with explanations to aid in understanding.
This proposal seeks to amend the Fair Labor Standards Act of 1938, formally including restricted stock units as exempt from calculations used for determining overtime pay. Historically, the Worker Economic Opportunity Act of 2000 did not mention restricted stock units, despite their growing popularity as equity compensation. By listing them alongside stock options and employee stock purchase programs, the bill ensures their value will not affect overtime pay computations. These changes are set to become effective 90 days following enactment.
The measure is sponsored solely by Rep. Ryan Mackenzie (Republican-PA-7th District).
So far this session, Rep. Mackenzie has put forward 17 additional bills.
New legislation in Congress may start in either the House or the Senate, except for bills addressing revenue, which must originate in the House. After introduction, committees examine bills, hold hearings, suggest amendments, and conduct debates before floor votes. If the House and Senate pass matching versions, the measure moves to the president for signature or veto. Each congressional term is two years, numbered consecutively, with two sessions per term. The legislative process and official bill updates are tracked by Congress and shared on Congress.gov.
Ryan Mackenzie, a representative from Pennsylvania, was born in Allentown on Aug. 2, 1982. He earned his B.S. from New York University in 2004 and his M.B.A. from Harvard University in 2010, and held office in the Pennsylvania House of Representatives from 2012 to 2024.
His experience includes staff work for Sen. Pat Toomey in 2004, employment with the Department of Labor in 2007, a policy director post at the Pennsylvania Department of Labor and Industry, and participation as a delegate at the 2016 Republican National Convention. He was elected as a Republican to the 119th Congress, which commenced Jan. 3, 2025.
| Bill Number | Date Introduced | Short Description |
|---|---|---|
| H.R.8660 | 05/04/2026 | Valuing Employee Stock Today Act |
| H.R.8579 | 04/29/2026 | To direct the Administrator of the Federal Aviation Administration to issue regulations to include strollers in the contract of carriage of air carriers and set a liability limit for damaged strollers, and for other purposes. |
| H.R.8486 | 04/23/2026 | Data Driven Suicide Prevention and Outreach Act of 2026 |
| H.R.8203 | 04/06/2026 | Workforce Recovery and Resilience Act |
| H.R.8202 | 04/06/2026 | To amend the Export Control Reform Act of 2018 to provide for a ten-year statute of limitations for export control violations. |
| H.R.8142 | 03/27/2026 | Special Events Program Alignment Act of 2026 |
| H.R.7912 | 03/12/2026 | Neonatal Care Transparency Act of 2026 |
| H.R.7260 | 01/27/2026 | National Cemetery Administration Annual Report Act of 2026 |
| H.R.7082 | 01/15/2026 | FLEX Act |
| H.R.6872 | 12/18/2025 | Holiday Bonus Tax Relief Act of 2025 |
| H.R.6038 | 11/12/2025 | Improving Veteran Access to Care Act |
| H.R.2641 | 04/03/2025 | To amend the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 to require all Federal contractors to participate in the E-verify program. |
| H.R.2212 | 03/18/2025 | DHS Intelligence Rotational Assignment Program and Law Enforcement Support Act |
| H.R.1800 | 03/03/2025 | Solidify Iran Sanctions Act of 2025 |
| H.R.1427 | 02/18/2025 | To amend the Internal Revenue Code of 1986 to increase the amount of the adoption credit and to establish the in vitro fertilization expenses credit. |
| H.R.1426 | 02/18/2025 | To amend the Internal Revenue Code of 1986 to increase the amount allowed as a credit under the expenses for household and dependent care services credit and the employer-provided child care credit. |
| H.R.1425 | 02/18/2025 | To amend the Internal Revenue Code of 1986 to increase the amount of the child tax credit, to make such credit fully refundable, to remove income limitations from such credit, and for other purposes. |
| H.R.1424 | 02/18/2025 | To amend the Internal Revenue Code of 1986 to increase the employer tax credit for paid family and medical leave. |
All information for this article was sourced from the U.S. Congress. Source documents are available here.
