To amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Labor.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section id5a7cc0930b7e419db60d8a74f1f12f93: 1. Retirement plan re-enrollment credit for small employers Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended...
- Section id63fc9316a49f4dc8973e8865d3e18a87: 45BB. Credit for re-enrollment provisions in plans provided by small employers For purposes of section 38, in the case of an eligible employer, the retirement...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Labor
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Bill Cassidy
R-LA | Primary Sponsor
Legislative Progress
IntroducedMr. Cassidy (for himself and Mr. Kaine) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology