Multiemployer Plan Relief Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3615 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 3615

 To amend the Internal Revenue Code of 1986 to establish an exception 
 for multiemployer plan participants to the requirements for automatic 
                              enrollment.


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                   IN THE SENATE OF THE UNITED STATES

                            January 12, 2026

  Ms. Klobuchar (for herself and Mr. Moreno) introduced the following 
  bill; which was read twice and referred to the Committee on Finance

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to establish an exception 
 for multiemployer plan participants to the requirements for automatic 
                              enrollment.

    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 ``Multiemployer Plan Relief Act''.

SEC. 2. 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 ``governmental and church 
        plans'' and inserting ``governmental, church plans, and 
        multiemployer plans'', and
            (2) 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))''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2024.
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