US HR2341

Bill

SERVE Act Seeking an End to Restrictions on Votive Employees Act

Introduced
05/03/2017

In Committee
05/03/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

SERVE Act Seeking an End to Restrictions on Votive Employees Act This bill amends the Internal Revenue Code to specify 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.

AI Summary

This bill, the SERVE Act (Seeking an End to Restrictions on Votive Employees Act), amends the Internal Revenue Code to clarify that retirement income accounts provided by churches or church-affiliated organizations can cover not only ministers, but also employees of tax-exempt organizations controlled by or associated with churches, as well as certain employees who have been separated from service with a church, church association, or church-affiliated organization. The bill seeks to expand the scope of who can be covered by these retirement accounts, providing more flexibility for churches and church-affiliated entities in managing their employee benefits.

Committee Categories

Budget and Finance

Sponsors (12)

Peter Roskam (R)*, Don Bacon (R), Andy Barr (R), Barbara Comstock (R), Mike Kelly (R), Ron Kind (D), Mark Meadows (R), Gregory Meeks (D), Robert Pittenger (R), Lloyd Smucker (R), Ann Wagner (R), Tim Walberg (R),

Last Action

Referred to the House Committee on Ways and Means. (on 05/03/2017)

Official Document

https://www.congress.gov/bill/115th-congress/house-bill/2341/all-info

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/house-bill/2341/all-info
BillText	https://www.congress.gov/115/bills/hr2341/BILLS-115hr2341ih.pdf
Bill	https://www.congress.gov/115/bills/hr2341/BILLS-115hr2341ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR6757	Family Savings Act of 2018	Received in the Senate and Read twice and referred to the Committee on Finance.	Related
HRes1084	Providing for consideration of the bill (H.B. 6756) to amend the Internal Revenue Code of 1986 to promote new business innovation, and for other purposes; providing for consideration of the bill (H.B. 6757) to amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes; providing for consideration of the bill (H.B. 6760) to amend the Internal Revenue Code of 1986 to make permanent certain provisions of the Tax Cuts and Jobs Act affecting individuals	Motion to reconsider laid on the table Agreed to without objection.	Similar To
S674	A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.	Read twice and referred to the Committee on Finance.	Related

Bill > HR2341

US HR2341

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (12)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary