,i #aaith ,,congress #ast ,session ,h4 ,r4 #fgbi ,,in ,,the ,,house ,,of ,,representatives ,december #ae1 #bjbe,mr4 ,vindman 7for himself and ,mr4 ,thompson of ,pennsylvania7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means1 and in addition to the ,committee on ,education and ,workforce1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf and the ,employee ,retirement ,income ,security ,act of #aigd to allow 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 #bjbe4 #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 permitted ,a qualified automatic contribution arrangement shall not fail to be treated as meeting the requirements of this subparagraph solely by reason of the fact that1 under the arrangement-- 7,i7 an election by an employee under clause 7ii77,i7 terminates after not more than #c years 7but not less than #a year71 and 7,,ii7 such employee is treated as having made an election under clause 7i7 after such termination unless such employee makes a new affirmative election under clause 7ii74 ,a termination described in subclause 7,i7 may be made at one time for a plan year for all employees who have made an election described in such subclause4 4 7#b7 ,coordination with rule for current employees 7,a7 ,in general ,clause 7iv7 of section #dja7k77#ac77;,c7 of such ,code is amended by striking either to participate in the arrangement or not to participate in the arrangement and inserting to participate in the arrangement4 7,b7 ,special rule for previously disregarded employees 7i7 ,in general ,for purposes of applying section #dja7k77#ac77;,c77v7 of the ,internal ,revenue ,code of #aihf 7as added by paragraph 7#a771 a previously disregarded employee may be treated as an employee who has made an election under section #dja7k77#ac77;,c77ii77,i7 of such ,code4 7ii7 ,previously disregarded employee ,for purposes of this subparagraph1 the term previously disregarded employee means any employee who was not taken into account under section #dja7k77#ac77;,c77i7 of the ,internal ,revenue ,code of #aihf by reason of an election described in section #dja7k77#ac77;,c77iv77,,ii7 of such ,code 7as in effect for plan years beginning on or before the date of the enactment of this ,act7 to not participate in an arrangement described in section #dja7k77#ac77;,c77iv77,i7 of such ,code4 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 permitted ,an arrangement shall not fail to be treated as an eligible automatic contribution arrangement under this subsection solely by reason of the fact that1 under the arrangement-- 7i7 an election by a participant under subparagraph 7,a77ii7 not to have contributions made terminates after not more than #c years 7but not less than #a year71 and 7ii7 such participant is treated as having made an election under subparagraph 7,a77ii7 to make contributions at the uniform percentage level described in such subparagraph after such termination unless such participant makes a new election not to so make such contributions4 ,a termination described in clause 7i7 may be made at one time for a plan year for all participants who have made an election described in such clause4 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 respectively2 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 ,an arrangement shall not fail to be treated as an automatic contribution arrangement under this subsection solely by reason of the fact that under the arrangement-- 7i7 an election by a participant under subparagraph 7,a77ii7 not to have contributions made terminates after not more than #c years 7but not less than #a year71 and 7ii7 such participant is treated as having made an election under subparagraph 7,a77ii7 to make contributions at the uniform percentage level described in such subparagraph after such termination unless such participant makes a new election not to so make such contributions4 ,a termination described in clause 7i7 may be made at one time for a plan year for all participants who have made an election described in such clause1 regardless of individual participant dates of enrollment4 4 7d7 ,effective date ,the amendments made by this section shall apply to plan years beginning after the date of the enactment of this ,act4 7e7 ,no inference ,the amendments made by this section shall not be construed to create any inference with respect to-- 7#a7 the application of section #dja7k77#ac77;,c7 of the ,internal ,revenue ,code of #aihf1 section #dad7w77#c7 of such ,code1 or section #ead7;e77#b7 of the ,employee ,retirement ,income ,security ,act of #aigd to plan years beginning before the date of the enactment of this ,act1 or 7#b7 the application of section #dja7k77#ac77;,c77v7 of the ,internal ,revenue ,code of #aihf 7as added by subsection 7a771 section #dad7w77#c77;,b7 of such ,code 7as amended by subsection 7b771 or section #ead7;e77#b77;,b7 of the ,employee ,retirement ,income ,security ,act of #aigd 7as amended by subsection 7c77 to arrangements terminating elections not to have contributions made after more than #c years4