Recently enacted laws

H.R. 33 · 112th Congress · enacted

Church Plan Investment Clarification Act

Became Public Law No: 112-142.

Latest official action 2012-07-09 · Enacted

The bill, briefly

(This measure has not been amended since it was reported to the House on July 1, 2011. The summary of that version is repeated here.) Church Plan Investment Clarification Act - Amends the Securities Act of 1933 with respect to when certain securities issued in connection with retirement income accounts available only to certain kinds of church plans are treated as exempted from registration and disclosure requirements under such Act (exempted securities). Considers as an exempted security a certain kind of retirement income account (available only to church plans), to the extent that the interest or participation in a single trust fund or collective trust fund (e.g., a "stable value fund") is issued to: (1) a church, a convention or association of churches, or a specified kind of organization (including a church pension board established to maintain employee benefit programs) which establishes or maintains the retirement income account; or (2) a trust established by any such entity in connection with the retirement income account. Revises a further such exclusion from exempted security treatment of plans whose participants may include persons (in particular clergymen) who may be considered self-employed for certain tax purposes. Allows exempted security treatment of such plans. (In effect, an exemption from registration and related requirements is granted to collective trust fu…

Congressional Research Service · 2012-07-09

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

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2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

No current-officeholder sponsorship match is available. Historical sponsors may have left office.

0 of 0 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.

PAC donors to the listed sponsors

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What happened after enactment?

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Measured outcome: not established

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