115-hr-3902115th Congress

Small Employer Retirement Savings Auto-Enrollment Credit Act

Sponsored By: Representative Bishop, Mike [R-MI-8]

Unknown

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Bishop, Mike [R-MI-8]

MI • R

Cosponsors

  • Rep. Neal, Richard E. [D-MA-1]

    MA • D

    Sponsored 10/2/2017

Roll Call Votes

No roll call votes available for this bill.

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