HR 1185
108th Congress
House
Taxation
Associations, institutions, etc.
Churches
Families
Income tax
Labor and Employment
Pension funds
Religion
Tax-deferred compensation plans
Youth services
To clarify the tax status of the Young Men's Christian Association retirement fund.
Introduced: March 11, 2003
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2003
Referred to the House Committee on Ways and Means.
Mar 11, 2003
Introduced in House
Plain-English summary
Amends Federal law to specify that the retirement fund of the Young Men's Christian Association (the YMCA) shall be treated as a Church Plan under the Internal Revenue Code. Classifies the YMCA's retirement plans (including the reserve accounts for such plans) under the Code as retirement income accounts provided by churches for years on or after January 1, 2002.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1