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A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church-controlled organizations.

USA116th CongressS-836| Senate 
| Updated: 3/14/2019
Pat Roberts

Pat Roberts

Republican Senator

Kansas

Cosponsors (4)
David Perdue (Republican)Amy Klobuchar (Democratic)Benjamin L. Cardin (Democratic)Mike Crapo (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill modifies the tax rules for retirement accounts maintained by church-controlled organizations. The bill specifies that a retirement income account provided by a church or a convention or association of churches may cover (1) a duly ordained, commissioned, or licensed minister of a church in the exercise of his ministry, regardless of the source of his compensation; (2) an employee of a tax-exempt organization, whether a civil law corporation or otherwise, that is controlled by or associated with a church or a convention or association of churches; and (3) certain employees who have been separated from service with a church, a convention or association of churches, or an organization described above.
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Timeline

Bill from Previous Congress

S 115-674
A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.
Mar 14, 2019
Introduced in Senate
Mar 14, 2019
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 115-674
    A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.


  • March 14, 2019
    Introduced in Senate


  • March 14, 2019
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 116-1084: Family Savings Act of 2019
  • HR 116-1007: Retirement Enhancement and Savings Act of 2019
Employee benefits and pensionsIncome tax deferralReligionTax-exempt organizations

A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church-controlled organizations.

USA116th CongressS-836| Senate 
| Updated: 3/14/2019
This bill modifies the tax rules for retirement accounts maintained by church-controlled organizations. The bill specifies that a retirement income account provided by a church or a convention or association of churches may cover (1) a duly ordained, commissioned, or licensed minister of a church in the exercise of his ministry, regardless of the source of his compensation; (2) an employee of a tax-exempt organization, whether a civil law corporation or otherwise, that is controlled by or associated with a church or a convention or association of churches; and (3) certain employees who have been separated from service with a church, a convention or association of churches, or an organization described above.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 115-674
A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.
Mar 14, 2019
Introduced in Senate
Mar 14, 2019
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 115-674
    A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.


  • March 14, 2019
    Introduced in Senate


  • March 14, 2019
    Read twice and referred to the Committee on Finance.
Pat Roberts

Pat Roberts

Republican Senator

Kansas

Cosponsors (4)
David Perdue (Republican)Amy Klobuchar (Democratic)Benjamin L. Cardin (Democratic)Mike Crapo (Republican)

Finance Committee

Taxation

Related Bills

  • HR 116-1084: Family Savings Act of 2019
  • HR 116-1007: Retirement Enhancement and Savings Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsIncome tax deferralReligionTax-exempt organizations