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Retirement Investment in Small Employers Act

6/6/2025, 8:41 PM

Summary of Bill S 1840

This bill, titled "A bill to amend the Internal Revenue Code of 1986 to provide for a microemployer pension plan startup credit," was introduced in the 119th Congress on May 21, 2025. The bill seeks to amend the tax code to establish a microemployer pension plan startup credit, although specific details on key provisions and directives are not provided in the context.

Current Status of Bill S 1840

Bill S 1840 is currently in the status of Bill Introduced since May 21, 2025. Bill S 1840 was introduced during Congress 119 and was introduced to the Senate on May 21, 2025.  Bill S 1840's most recent activity was Read twice and referred to the Committee on Finance. as of May 21, 2025

Bipartisan Support of Bill S 1840

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1840

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1840

Retirement Investment in Small Employers Act
Retirement Investment in Small Employers Act
A bill to amend the Internal Revenue Code of 1986 to provide for a microemployer pension plan startup credit.

Comments

Khalil Proctor profile image

Khalil Proctor

635

8 months ago

This bill won't help.

Adley Lang profile image

Adley Lang

650

8 months ago

I don't think this is a good idea. It doesn't seem fair to everyone.