Amends the Fair Labor Standards Act to include restricted stock units in the exemption from regular rate determinations for overtime pay.
The Valuing Employee Stock Today Act amends the Fair Labor Standards Act of 1938 to ensure that restricted stock units are included in the exemption from regular rate determinations for overtime pay. This change recognizes the widespread use of restricted stock units since 2000, aligning them with other forms of employer-provided equity compensation. The amendments will take effect 90 days after the enactment of this Act.
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