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- H.R.1938
H.R.1938: Small Employer Retirement Savings Auto-Enrollment Credit Act
About This Bill
- Introduced March 27, 2019
- Latest Major Action March 27, 2019
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - March 27, 2019
Bill Summary
Small Employer Retirement Savings Auto-Enrollment Credit Act This bill allows 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 27, 2019 |
Referred to the House Committee on Ways and Means.
|
| March 27, 2019 |
Introduced in the House by Lori Trahan (D-Mass.) |