S. 2589 · 108th Congress
A bill to clarify the status of certain retirement plans and the organizations which maintain the plans.
- Stage
- Passed a chamber
- Sponsor
- Jim Bunning
- Introduced
- 2004-06-24
- Latest action
- 2004-09-29 · Message on Senate action sent to the House.
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Sets forth rules regarding the status of certain retirement plans maintained by specified types of ecumenical organizations as church plans under the Internal Revenue Code.
Exempts certain of such plans from prohibitions, under the Employee Retirement Income Security Act of 1974, against commingling specified assets for investment purposes.