H.R.4050: Retirement Plan Simplification and Enhancement Act of 2012

About This Bill

Bill Summary

Retirement Plan Simplification and Enhancement Act of 2012 - Amends the Internal Revenue Code to repeal the 10% cap on the qualified percentage of an employee's compensation as the standard for an employer's contribution to an automatic cash or deferred contribution arrangement under the alternative method for meeting nondiscrimination requirements. Authorizes regulations to increase the qualified percentage. Revises the period of service...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Ways and Means
Referred to House Education and the Workforce
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Feb. 16, 2012

Introduced in the House by Richard E. Neal (D-Mass.)

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