A bill to clarify the status of certain employee benefit plans under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974.
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Read twice and referred to the Committee on Finance.
Provides that a nonprofit corporation's employee benefit plan shall be considered to be a governmental plan under the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA), if the nonprofit corporation was: (1) incorporated on September 16, 1998, under a State nonprofit corporation statute; and (2) organized for the express purpose of supporting the missions and goals of a public corporation which was created by a State statute effective on July 1, 1995, is a governmental entity under State law, and is a member of the nonprofit corporation.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 2928: A bill to clarify the status of certain employee benefit plans under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974.. 108th Congress. Open America. https://openamerica.io/bill/108-S-2928/
"S. 2928: A bill to clarify the status of certain employee benefit plans under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-2928/.
S. 2928, 108th Cong. (2026), https://openamerica.io/bill/108-S-2928/.
[S. 2928: A bill to clarify the status of certain employee benefit plans under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974.](https://openamerica.io/bill/108-S-2928/)