Sec. 110. Increase in credit limitation for small employer pension plan startup costs
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(1)of section 45E(b) is amended to read as follows: for the first credit year and each of the 2 taxable years immediately following the first credit year, the greater of— $500, or the lesser of— $250 for each employee of the eligible employer who is not a highly compensated employee (as defined in section 414(q)) and who is eligible to participate in the eligible employer plan maintained by the eligible employer, or $1,500, and . The amendment made by this section shall apply to taxable years beginning after December 31, 2019.