118th Congress · SENATE BILLBILL

S. 2512 — A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers.

“A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers.”

Taxation

Introduced Jul 26, 2023

Last action Jul 26, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 26, 2023

Step 2

Referred

Jul 26, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows small employers who have a re-enrollment provision in their retirement plans a tax credit for $500 in any taxable year occurring during a specified three-year credit period.

Provisions · 1 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 26, 2023

Introduced in Senate

Jul 26, 2023

Read twice and referred to the Committee on Finance.