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To amend the Internal Revenue Code of 1986 to provide a credit to small employers providing an eligible automatic contribution arrangement under a retirement savings plan.

USA115th CongressHR-3902| House 
| Updated: 10/2/2017
Mike Bishop

Mike Bishop

Republican Representative

Michigan

Cosponsors (1)
Richard E. Neal (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Small Employer Retirement Savings Auto-Enrollment Credit Act This bill amends the Internal Revenue Code to allow a three-year $500 business-related tax credit for eligible small employers who include and maintain an automatic contribution arrangement in an employer-sponsored retirement plan. An "eligible employer" is an employer with no more than 100 employees who received at least $5,000 of compensation from the employer for the preceding year.
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Timeline
Oct 2, 2017
Introduced in House
Oct 2, 2017
Referred to the House Committee on Ways and Means.
  • October 2, 2017
    Introduced in House


  • October 2, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 115-1383: A bill to amend the Internal Revenue Code of 1986 to modify safe harbor requirements applicable to automatic contribution arrangements, and for other purposes.
  • S 115-3781: A bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes.
  • HR 115-4523: To amend the Internal Revenue Code of 1986 to expand retirement plan coverage, increase retirement security, and for other purposes.
  • S 115-2526: A bill to amend the Internal Revenue Code of 1986 to encourage retirement savings, and for other purposes.
Employee benefits and pensionsIncome tax creditsSmall business

To amend the Internal Revenue Code of 1986 to provide a credit to small employers providing an eligible automatic contribution arrangement under a retirement savings plan.

USA115th CongressHR-3902| House 
| Updated: 10/2/2017
Small Employer Retirement Savings Auto-Enrollment Credit Act This bill amends the Internal Revenue Code to allow a three-year $500 business-related tax credit for eligible small employers who include and maintain an automatic contribution arrangement in an employer-sponsored retirement plan. An "eligible employer" is an employer with no more than 100 employees who received at least $5,000 of compensation from the employer for the preceding year.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 2, 2017
Introduced in House
Oct 2, 2017
Referred to the House Committee on Ways and Means.
  • October 2, 2017
    Introduced in House


  • October 2, 2017
    Referred to the House Committee on Ways and Means.
Mike Bishop

Mike Bishop

Republican Representative

Michigan

Cosponsors (1)
Richard E. Neal (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 115-1383: A bill to amend the Internal Revenue Code of 1986 to modify safe harbor requirements applicable to automatic contribution arrangements, and for other purposes.
  • S 115-3781: A bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes.
  • HR 115-4523: To amend the Internal Revenue Code of 1986 to expand retirement plan coverage, increase retirement security, and for other purposes.
  • S 115-2526: A bill to amend the Internal Revenue Code of 1986 to encourage retirement savings, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsIncome tax creditsSmall business