House Bill 3902
115th Congress(2017-2018)
Small Employer Retirement Savings Auto-Enrollment Credit Act
Introduced
Introduced in House on Oct 2, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3902
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
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.
October 2, 2017
Sort by most recent
10/02/2017
Referred to the House Committee on Ways and Means.
10/02/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:30 PM