Double the Wage for Overtime Act of 2026

This bill, known as the Double the Wage for Overtime Act of 2026, aims to change how overtime pay is calculated for employees covered by the Fair Labor Standards Act. It directly affects workers who currently earn less than $23,660 annually, as it would require employers to pay them two times their regular hourly rate instead of one and a half times for hours worked beyond 40 in a week. The law takes effect 180 days after it is signed, ensuring a transition period before the new pay requirements begin. By raising the overtime multiplier, the legislation seeks to increase earnings for hourly workers who work extra hours.