summary
Introduced
11/19/2015
11/19/2015
In Committee
11/19/2015
11/19/2015
Crossed Over
Passed
Dead
01/03/2017
01/03/2017
Introduced Session
114th Congress
Bill Summary
Church Plan Clarification Act of 2015 This bill amends the Internal Revenue Code, with respect to the tax treatment of church pension plans, to: (1) provide that an organization otherwise eligible to participate in a church plan shall not be aggregated with another such organization and treated as a single employer with it unless one such organization provides at least 80% of the operating funds for the other organization during the recipient organization's preceding tax year and there is a degree of common management or supervision between the organizations, (2) adopt benefit accrual limitations for church defined benefit plans established before 1982, and (3) allow transfers and mergers of qualified church retirement plans. The bill also: (1) preempts any state law relating to wage, salary, or payroll payment, collection, deduction, garnishment, assignment, or withholding that would directly or indirectly prohibit or restrict the inclusion in any church plan of an automatic contribution arrangement; and (2) allows church plans and their supporting organizations to invest plan assets in a group trust (as defined by Internal Revenue Service Revenue Rulings).
Committee Categories
Budget and Finance
Sponsors (16)
Patrick Tiberi (R)*,
Steve Cohen (D),
Gerry Connolly (D),
Anna Eshoo (D),
Gregg Harper (R),
Bill Johnson (R),
Dave Joyce (R),
Ron Kind (D),
Michelle Lujan Grisham (D),
Richard Neal (D),
Charles Rangel (D),
Tom Reed (R),
James Renacci (R),
Linda Sánchez (D),
Austin Scott (R),
Pete Sessions (R),
Last Action
Referred to the House Committee on Ways and Means. (on 11/19/2015)
Official Document
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