H.R. 33: Church Plan Investment Clarification Act

112th Congress · introduced 2011-01-05 · Finance and Financial Sector · Latest: Became Public Law No: 112-142.

federal

Follow this bill, step by step

Where it came from: introduced 2011-01-05 · official record
Who proposed it: Rep. Biggert, Judy [R-IL-13] · what a sponsor is
What happened next: 1 recorded vote in our records. Latest: House roll call 601 (2011): On Motion to Suspend the Rules and Pass, as Amended, HR33 (2011-07-18), Passed. See all
Where it stands now: Became Public Law No: 112-142. (final step reached)
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Church Plan Investment Clarification Act

Plain summary

(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 funds that are invested in by kinds of church plans currently excluded from making such investments.)

Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

Church Plan Investment Clarification Act

Source: Congressional Research Service summary (Public Law)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Biggert, Judy [R-IL-13] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Recorded votes

House roll call 601 (2011): On Motion to Suspend the Rules and Pass, as Amended, HR33 (2011-07-18): Passed

Words on this page, explained (2)

Exemption: A rule that removes certain people, property or activities from a tax or requirement.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Public Law)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr33.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>

Record fed-us-cong112-hr33 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112