119-hr-8660119th Congress

VEST Act

Sponsored By: Representative Mackenzie, Ryan [R-PA-7]

In Committee

Summary

Treat restricted stock units (RSUs) like other employee equity when calculating overtime pay. This bill would amend the Fair Labor Standards Act to explicitly exclude RSUs from the overtime regular-rate and to add transition protections for employers and workers.

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  • Workers: Non-exempt employees who receive restricted stock units would see RSU value treated the same as stock options and similar equity for overtime regular-rate purposes. This clarifies that RSUs are not added into the overtime rate calculation.
  • Employers and plan sponsors: The bill would limit employer liability for RSUs granted before the effective date. It would also protect grants made within the 12-month period after the effective date if the RSU program existed on enactment and would require shareholder approval to change, and it preserves relief for plans under a collective bargaining agreement in effect on the effective date.
  • Technical and timing change: The measure would update statutory language from "exercise" to "exercise or acceptance" to reflect RSU mechanics and would take effect 90 days after enactment.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Mackenzie, Ryan [R-PA-7]

PA • R

Cosponsors

  • Rep. Onder, Robert F. [R-MO-3]

    MO • R

    Sponsored 7/21/2026

Roll Call Votes

No roll call votes available for this bill.

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