HR6685Referred to Committee

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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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-12
Introduced
13
Cosponsors
HR
ⓘ
Type

Sponsor

Brad Finstad
Brad Finstad
Republican · MN · Representative
Votes with party: 98.7% (604 recorded votes)

Full profile: /officials/F000475

Source: Congress.gov · FEC

Cosponsors (13)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-12-12

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

Workers covered by multiemployer pension plans (typically union workers in construction, trucking, and similar industries) would be exempt from automatic enrollment requirements that normally apply to retirement savings plans. This means employers wouldn't be required to automatically enroll these workers in retirement accounts, since they're already covered by their union pension plans. The change recognizes that multiemployer plan participants already have retirement benefits through their union agreements.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Affected Industries

Industries and interest groups with a stake in how this bill is resolved. Compare with each member's outside-money backers on their finance page.

Taxes

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Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.