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Small Nonprofit Retirement Security Act of 2025

In committee: it can still change before the session ends.

US S 2365 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
3
Latest action
Jul 21, 2025

What it does

The Small Nonprofit Retirement Security Act of 2025 would amend the Internal Revenue Code to extend two existing retirement-related tax credits—the credit for small employer pension plan startup costs and the retirement auto-enrollment credit—to tax-exempt small employers, such as 501(c) organizations. It would allow these employers to claim the credits as a payroll tax credit against Social Security taxes, subject to limitations based on their payroll tax liability. The bill also includes provisions to transfer funds to Social Security trust funds to offset revenue losses from the credits. The amendments would apply to taxable years beginning after December 31, 2024.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jul 21, 2025

  2. Committee (Current step)

    In committee · Jul 21, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Small Nonprofit Retirement Security Act of 2025 | 52