HR 3902
115th Congress
House
Taxation
Employee benefits and pensions
Income tax credits
Small business
Small Employer Retirement Savings Auto-Enrollment Credit Act
Introduced: October 2, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 2, 2017
Referred to the House Committee on Ways and Means.
Oct 2, 2017
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1