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S 2512 118th Congress Senate Taxation

A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers.

Introduced: July 26, 2023 Introduced by: Cassidy, Bill Republican · Louisiana See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 26, 2023
Read twice and referred to the Committee on Finance.
Jul 26, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

This bill allows small employers who have a re-enrollment provision in their retirement plans a tax credit for $500 in any taxable year occurring during a specified three-year credit period.

What's happening now July 26, 2023

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1