,,ii #aagth ,,congress #b;d ,session ,s4 #cgab ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #bh1 #bjbb,mr4 ,kaine introduced the following bill2 which was read twice and referred to the ,committee on ,health1 ,education1 ,labor1 and ,pensions ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf and the ,employee ,retirement ,income ,security ,act of #aigd to provide for periodic automatic reenrollment under qualified automatic contribution arrangements1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,auto ,reenroll ,act of #bjbb4 #b4 ,automatic reenrollment under qualified automatic contribution arrangements and eligible automatic contribution arrangements 7a7 ,qualified automatic contribution arrangements 7#a7 ,in general ,section #dja7k77#ac77;,c7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new clause3 7v7 ,periodic automatic deferral required for post-#bjbd arrangements ,in the case of a qualified automatic contribution arrangement which takes effect after ,december #ca1 #bjbd1 the requirements of this subparagraph shall be treated as met only if1 under the arrangement1 at least every #c plan years each employee-- 7,i7 who is eligible to participate in the arrangement1 and 7,,ii7 who1 at the time of the determination1 has in effect an affirmative election pursuant to clause 7ii7 not to have contributions described in clause 7i7 made1 is treated as having made the election described in clause 7i7 unless the employee makes a new affirmative election under clause 7ii74 ,such determination may be made at one time for all employees described in the preceding sentence for a plan year1 regardless of individual employee dates of enrollment4 4 7#b7 ,conforming amendments ,clause 7iv7 of section #dja7k77#ac77;,c7 of such ,code is amended-- 7,a7 in the heading1 by inserting for pre-#bjbe arrangements after required2 and 7,b7 by striking ,clause 7i7 and inserting ,in the case of a qualified automatic contribution arrangement in effect before ,january #a1 #bjbe1 clause 7i74 7b7 ,eligible automatic contribution arrangements ,section #dad7w77#c7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by redesignating subparagraphs 7,a7 through 7,c7 as clauses 7i7 through 7iii71 respectively1 and moving the margins of such clauses #b ems to the right2 7#b7 by striking arrangement4--,for purposes of and inserting the following3 8arrangement4-- 7,a7 ,in general ,for purposes of 2 and 7#c7 by adding at the end the following new subparagraph3 7,b7 ,periodic automatic deferral required ,in the case of an eligible automatic contribution arrangement taking effect after ,december #ca1 #bjbd1 the requirements of this subsection shall be treated as met only if1 under the arrangement1 at least every #c plan years each employee-- 7i7 who is eligible to participate in the arrangement1 and 7ii7 who1 at the time of the determination1 has in effect an affirmative election pursuant to subparagraph 7,a77ii7 not to have contributions described in such subparagraph made1 is treated as having made the election at the uniform percentage level described in subparagraph 7,a77ii7 unless the employee makes a new election under such subparagraph4 ,such determination may be made at one time for all employees described in the preceding sentence for a plan year1 regardless of individual employee dates of enrollment4 4 7c7 ,conforming amendment ,section #ead7;e77#b7 of the ,employee ,retirement ,income ,security ,act of #aigd 7#bi ,u4,s4,c4 #aadd7;e77#b77 is amended-- 7#a7 by redesignating subparagraphs 7,a7 through 7,c7 as clauses 7i7 through 7iii71 respectively1 and moving the margins of such clauses #b ems to the right2 7#b7 by striking 7#b7 ,for purposes of and inserting 7#b77;,a7 ,for purposes of2 and 7#c7 by adding at the end the following3 7,b7 ,in the case of an eligible automatic contribution arrangement taking effect after ,december #ca1 #bjbd1 the requirements of subparagraph 7,a77ii7 shall be treated as met only if1 under the arrangement1 at least every #c plan years each employee-- 7i7 who is eligible to participate in the arrangement2 and 7ii7 who1 at the time of the determination1 has in effect an affirmative election pursuant to subparagraph 7,a77ii7 not to have contributions described in such subparagraph made1 is treated as having made the election at the uniform percentage of compensation described in subparagraph 7,a77ii7 unless the employee makes a new election under such subparagraph4 ,such determination may be made at one time for all employees described in the preceding sentence for a plan year1 regardless of individual employee dates of enrollment4 4 7d7 ,effective date ,the amendments made by this section shall apply to arrangements taking effect after ,december #ca1 #bjbd4