3.0.0 4153 2023-03-08T20:12:44Z 2023-03-08T20:12:44Z Senate S 2022-05-05 117 ssfi00 Finance Committee Senate Standing Referred to 2022-05-05T18:45:45Z 2022-05-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2022-05-05 Introduced in Senate IntroReferral 10000 9 Library of Congress H000273 Sen. Hickenlooper, John W. [D-CO] John Hickenlooper D CO W. N Taxation Taxation 00 2022-05-05 Introduced in Senate 2022-07-06T13:46:43Z Incentivizing Small Business Retirement Savings Act

This bill allows eligible small employers an additional pension plan startup cost tax credit for a specified percentage of their contributions to an pension plan established for the benefit of their non-highly compensated employees. The amount of such credit may not exceed $1,000 per employee and is subject to a phaseout if the employer has more than 50 employees.

]]> Incentivizing Small Business Retirement Savings Act Display Title Incentivizing Small Business Retirement Savings Act Short Title(s) as Introduced Incentivizing Small Business Retirement Savings Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to enhance the credit for small employer pension plan startup costs. Introduced in Senate IS Introduced in Senate 2022-05-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s4153is/xml/BILLS-117s4153is.xml 2022-05-05 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.