Politiparty
Politiparty

118th Congress Taxation

S. 2512: 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.

Introduced

  1. Introduced (completed)Jul 26, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jul 26, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Bill Cassidy R-LA SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Bill Cassidy

History

  1. Jul 26, 2023Introduced in the Senate by Bill Cassidy.
Show the full action history (2 actions)
  1. Jul 26, 2023Introduced in Senate
  2. Jul 26, 2023Read twice and referred to the Committee on Finance.