Retirement Investment in Small Employers Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1840 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1840 To amend the Internal Revenue Code of 1986 to provide for a microemployer pension plan startup credit. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 21, 2025 Ms. Hassan (for herself and Mr. Budd) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide for a microemployer pension plan startup credit. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Retirement Investment in Small Employers Act''. SEC. 2. MICROEMPLOYER PENSION PLAN STARTUP CREDIT. (a) In General.--Section 45E of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(g) Credit for Microemployers.-- ``(1) In general.--In the case of a qualified microemployer-- ``(A) su…