U.S. Congress legislation · 119th Congress
HB8660: VEST Act
Status: In committee, November 2, 2026
To amend the Fair Labor Standards Act of 1938 to protect worker access to employer equity, and for other purposes.
What the bill says
To amend the Fair Labor Standards Act of 1938 to protect worker access to employer equity, and for other purposes.
From the committee substitute text, November 2, 2026:
A BILL To amend the Fair Labor Standards Act of 1938 to protect worker access to employer equity, and for other purposes. SECTION 1. Short title This Act may be cited as the Valuing Employee Stock Today Act or the VEST Act . SECTION 2. Findings Congress finds the following: (1) The Worker Economic Opportunity Act of 2000 ( Public Law 106-202 ) amended section 7(e) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 207(e) ) by adding a new paragraph (8) to such section 7(e) to exempt any value or income derived from employer-provided grants or rights provided pursuant to a stock option, stock appreciation right, or bona fide employee stock purchase program from the determination of an employee's regular rate for purposes of calculating such employee's overtime compensation. (2) The lack of explicit mention of restricted stock units in paragraph (8) of section 7(e) of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 207(e) ), as added by the Worker Economic Opportunity Act of 2000 ( Public Law 106-202 ), was not an intentional exclusion from such paragraph (8), but a reflection that this type of equity award was not commonly used as of the date of enactment of the Worker Economic Opportunity Act of 2000 ( Public Law 106-202 ). (3) Congress …
Sponsors
- Ryan Mackenzie (R, HD-PA-7) · primary sponsor
- Robert Onder (R, HD-003)
Latest actions
- : Placed on the Union Calendar, Calendar No. 765.
- : Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-868.
- : Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 15.
- : Committee Consideration and Mark-up Session Held
- : Referred to the House Committee on Education and Workforce.
- : Introduced in House
Subjects: Wages and earnings, Labor and Employment, Labor standards
Common questions
- What is HB8660?
- HB8660 is a bill in Congress (119th Congress): VEST Act.
- What does HB8660 do?
- In its own words: To amend the Fair Labor Standards Act of 1938 to protect worker access to employer equity, and for other purposes.
- What is the status of HB8660?
- In committee as of November 2, 2026. Latest action: Placed on the Union Calendar, Calendar No. 765. (November 2, 2026).
- Who sponsored HB8660?
- Ryan Mackenzie (R, HD-PA-7), with 1 co-sponsor.
- Where is the official record for HB8660?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/8660
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.