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- H.R.508
H.R.508: To amend the Internal Revenue Code of 1986 to make the FICA tax inapplicable to overtime hours of small business employees.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Feb. 4, 1997
- Latest Major Action Feb. 4, 1997
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to make the Federal Insurance Contributions Act tax inapplicable to overtime hours (more than 40 hours in a week) of small business (fewer than 20 full-time employees) employees.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Feb. 4, 1997 |
Introduced in the House by Robert E. Andrews (D-N.J.) |