118th Congress · SENATE BILLBILL

S. 2517 — Auto Reenroll Act of 2023

“A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to allow for periodic automatic reenrollment under qualified automatic contribution arrangements, and for other purposes.”

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

HELP

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows sponsors of automatic contribution arrangements to reenroll their employees in such arrangements at least once every three years. The purpose of the bill is to increase employee participation in tax-exempt pension plans and other retirement arrangements.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 26, 2023

Introduced in Senate

Jul 26, 2023

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.