Multiemployer Plan Relief Act

119 S3615 IS: Multiemployer Plan Relief Act U.S. Senate 2026-01-12 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 2d Session S. 3615 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 A BILL To amend the Internal Revenue Code of 1986 to establish an exception for multiemployer plan participants to the requirements for automatic enrollment. 1. Short title This Act may be cited as the Multiemployer Plan Relief Act . 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.