HR 1938
116th Congress
House
Taxation
Employee benefits and pensions
Income tax credits
Small business
Small Employer Retirement Savings Auto-Enrollment Credit Act
Introduced: March 27, 2019
Introduced by:
Trahan, Lori
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2019
Referred to the House Committee on Ways and Means.
Mar 27, 2019
Introduced in House
Plain-English summary
Small Employer Retirement Savings Auto-Enrollment Credit Act
This bill allows 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