IAM District 19 President and Directing General Chairman Reece Murtagh, along with TCU/IAM Vice-President Nick Peluso, visited Capitol Hill to advocate for the passage of the No Tax on Overtime for All Workers Act (H.R. 5475). The legislation, introduced by Representatives Nicole Malliotakis (R-N.Y.) and Emilia Sykes (D-Ohio), aims to expand the current overtime tax exemption.
The proposed bill would allow airline, rail, and other workers exempt from the Fair Labor Standards Act (FLSA) to receive the same overtime tax relief that is currently available to many other American workers. Murtagh and Peluso joined legislative staff from IAM and TCU in expressing appreciation to the bill’s sponsors and discussing strategies to advance the legislation before the next tax season.
Supporters argue that extending the overtime tax deduction would benefit railroad and airline workers, who are not currently eligible for this type of tax relief.
