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- S.674
S.674: A bill to amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.
About This Bill
- Introduced March 21, 2017
- Latest Major Action March 21, 2017
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in Senate - March 21, 2017
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 21, 2017 |
Read twice and referred to the Committee on Finance.
|
| March 21, 2017 |
Introduced in the Senate by Benjamin L. Cardin (D-Md.) |