Church Plan Clarification Act of 2015
Latest action · Dec 11, 2015 Held at the desk.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedNov 19, 2015
- Passed SenateDec 10, 2015
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Church Plan Clarification Act of 2015
(Sec. 2) 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 for pension benefit rules and testing purposes 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, and (2) allow transfers and mergers of qualified church retirement plans without tax consequences.
The bill amends the Tax Equity and Fiscal Responsibility Act of 1982 to adopt benefit accrual limitations for church defined benefits plans established before 1982.
The bill also: (1) preempts any state law relating to wage, salary, or payroll payment, collection, deduction, garnishment, assignment, or withholding that would 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).
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Nov 19, 2015 to Dec 1, 2015; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Amy Klobuchar | Original | Nov 19, 2015 |
| R-OH | Rob Portman | Original | Nov 19, 2015 |
| R-ME | Susan M. Collins | Dec 1, 2015 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Nov 19, 2015Discharged Dec 10, 2015 |
Actions 8
Everything that happened, newest first.
- Dec 11, 2015Received in the House.
- Dec 11, 2015Message on Senate action sent to the House.
- Dec 11, 2015Held at the desk.
- Dec 10, 2015Senate Committee on Finance discharged by Unanimous Consent.(consideration: CR S8617-8618)
- Dec 10, 2015Senate Committee on Finance discharged by Unanimous Consent. (consideration: CR S8617-8618)
- Dec 10, 2015Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (text: CR S8617-8618)
- Nov 19, 2015Introduced in Senate
- Nov 19, 2015Read twice and referred to the Committee on Finance.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S8617Text printed S8617 | Mitch McConnell R-KY | Dec 10, 2015 |
| Senate | Debate and remarks S8302 | Benjamin L. Cardin D-MD | Dec 2, 2015 |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2029 | Consolidated Appropriations Act, 2016 | Related bill | Dec 18, 2015 |
| HR 4085 | Church Plan Clarification Act of 2015 | Identical bill | Nov 19, 2015 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to clarify the treatment of church pension plans, and for other purposes.
- Short Titles as Introduced
- Church Plan Clarification Act of 2015
- Short Titles as Passed Senate
- Church Plan Clarification Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 2
Each version as it was printed, newest first.
- Dec 10, 2015Engrossed in Senate
- Nov 19, 2015Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
