Small Nonprofit Retirement Security Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4548 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4548 To amend the Internal Revenue Code of 1986 to make the credit for small employer pension plan startup costs and the retirement auto-enrollment credit available to tax-exempt eligible small employers. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 21, 2025 Mr. Buchanan (for himself, Mr. Panetta, Mr. Moore of Utah, and Mr. Schneider) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to make the credit for small employer pension plan startup costs and the retirement auto-enrollment credit available to tax-exempt eligible small employers. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Nonprofit Retirement Security Act of 2025''. SEC. 2. RETIREMENT CREDITS MADE AVAILABLE TO TAX-EXEMPT SMALL EMPLOYERS. (a) Credit for Small Employer Pension Plan Startup Costs.--Section 45E of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(g) Credit Made Available to Tax-Exempt Eligible Employers.-- ``(1) In general.--In the case of a tax-exempt eligible employer, there shall be treated as a credit allowed under section 3111(g), and not as a credit determined under subsection (a), an amount equal to the lesser of-- ``(A) the amount of the credit determined under this section (without regard to this subsection) with respect to such employer, or ``(B) the amount of payroll tax paid by the employer during the calendar year in which the taxable year begins. ``(2) Definitions.--For purposes of this subsection-- ``(A) Tax-exempt eligible employer.