S-674 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2017-03-21IntroReferralRead twice and referred to the Committee on Finance.Senate
2017-03-21IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Employee benefits and pensions
  • Income tax deferral
  • Religion
  • Tax-exempt organizations

Related Bills

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