HR 3902 · 115th Congress · Taxation

Small Employer Retirement Savings Auto-Enrollment Credit Act

Introduced 2017-10-02· Sponsored by Rep. Bishop, Mike [R-MI-8]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-10-02)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Neal, Richard E. [D-MA-1]MA