Section 1 Short title
This Act may be cited as the “Multiemployer Plan Relief Act”.
Multiemployer Plan Relief Act
A BILL
To amend the Internal Revenue Code of 1986 to establish an exception for multiemployer plan participants to the requirements for automatic enrollment.
Sec. 2 Exception to requirements related to automatic enrollment
in the heading, by striking “governmental and church plans” and inserting “governmental, church plans, and multiemployer plans”, and
by striking “414(d)) or any church plan (within the meaning of section 414(e))” and inserting “414(d)), any church plan (within the meaning of section 414(e)), or any multiemployer plan (within the meaning of section 414(f))”.
Effective date— The amendments made by this section shall apply to taxable years beginning after December 31, 2024.