HR 1185 · 108th Congress · Taxation

To clarify the tax status of the Young Men's Christian Association retirement fund.

Introduced 2003-03-11· Sponsored by Rep. English, Phil [R-PA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (12)

9 Democrats3 Republicans