S.2323 - Worker Economic Opportunity Act106th Congress (1999-2000)
Summary: S.2323 — 106th Congress (1999-2000)
Worker Economic Opportunity Act - Amends the Fair Labor Standards Act of 1938 to exempt employee stock option, stock appreciation right, stock purchase, and similar employer-provided grants or rights programs from being included in overtime pay calculations, under specified conditions.
Introduced in Senate (03/23/2000)
Provides that employers have no overtime pay liability because of any employee stock options or similar programs prior to enactment of this Act.