Legislation mandating that
Scott Peters (D-CA), Lucy Mc Bath (D-GA) and Lisa Blunt Rochester (D-DE).
The summary further explains that existing retirement plans will be allowed to continue.
The board would be required to contract out the administration of UP-Accounts to a financial services company and ensure that participants are provided with a diversified menu of investment products.
While the bill has not been officially scored, the sponsors estimate that the tax credits would cost 0-0 billion over 10 years.
Making this information available can help people to make informed and healthy choices for themselves and their families and regulate their energy intake and that of their children effectively.
This will contribute to efforts to reduce rates of children being overweight and obese.
Employers would receive a tax credit equivalent to 50% of their minimum contributions for their first 15 workers and 25% of their minimum contributions for the next 15 workers.