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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