December 12, 2025
Mr. Finstad (for himself, Mr. Carey, Mr. Boyle of Pennsylvania, and Mr. Larson of Connecticut) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to establish an exception for multiemployer plan participants to the requirements for automatic enrollment.
Section 1. Exception to requirements related to automatic enrollment
(a) In general
Section 414A(c)(3) of the Internal Revenue Code of 1986 is amended—
(1)
in the heading, by striking and church plans
and inserting church plans, and multiemployer plans
, and
(2)
by striking or any church plan (within the meaning of section 414(e))
and inserting any church plan (within the meaning of section 414(e)), or any multiemployer plan (as defined in section 414(f)).
.
(b) Effective date
The amendments made by this section shall apply to taxable years beginning after December 31, 2024.