SB2512: A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers.
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers.
Plain-language summary
This bill would amend the federal tax code to give small employers a tax credit for offering re-enrollment provisions in their retirement plans. Re-enrollment provisions allow workers to rejoin a retirement plan after leaving it, which can encourage participation. The credit would reduce the taxes small employers owe if they include this feature. The bill is currently in the introduction stage, meaning it has been formally submitted but not yet assigned to a for review.
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SB2512: A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-en…