Church Plan Clarification Act of 2015
Sponsored By: Representative PATRICK TIBERI
Unknown
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).
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
PATRICK TIBERI
OH • R
Cosponsors
Rep. Neal, Richard E. [D-MA-1]
MA • D
Sponsored 11/19/2015
Rep. Sessions, Pete [R-TX-17]
TX • R
Sponsored 11/19/2015
Rep. Reed, Tom [R-NY-23]
NY • R
Sponsored 11/19/2015
Rep. Sánchez, Linda T. [D-CA-38]
CA • D
Sponsored 11/19/2015
Rep. Harper, Gregg [R-MS-3]
MS • R
Sponsored 12/1/2015
Rep. Joyce, David P. [R-OH-14]
OH • R
Sponsored 12/1/2015
CHARLES RANGEL
NY • D
Sponsored 12/1/2015
Rep. Lujan Grisham, Michelle [D-NM-1]
NM • D
Sponsored 12/1/2015
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 12/1/2015
Rep. Scott, Austin [R-GA-8]
GA • R
Sponsored 12/1/2015
Rep. Renacci, James B. [R-OH-16]
OH • R
Sponsored 12/8/2015
Rep. Connolly, Gerald E. [D-VA-11]
VA • D
Sponsored 12/11/2015
Rep. Kind, Ron [D-WI-3]
WI • D
Sponsored 12/11/2015
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 12/11/2015
Rep. Johnson, Bill [R-OH-6]
OH • R
Sponsored 12/11/2015
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov