US Congress House Bill 33 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on July 9 2012 - 100% progression
Action: 2012-07-09 - Became Public Law No: 112-142.
Text: Latest bill text (Enrolled) [PDF]

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.)

Church Plan Investment Clarification Act

Rep. Judy Biggert [R-IL]

2011-07-18 - House - On Motion to Suspend the Rules and Pass, as Amended (Y: 310 N: 1 NV: 120 Abs: 0) [PASS]

Date	Chamber	Action
2012-07-09	Senate	Became Public Law No: 112-142.
2012-07-09	Senate	Signed by President.
2012-06-29	Senate	Presented to President.
2012-06-21	Senate	Message on Senate action sent to the House.
2012-06-21	Senate	Passed Senate without amendment by Unanimous Consent.
2012-06-21	Senate	Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S4428)
2011-07-19	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2011-07-18	House	Motion to reconsider laid on the table Agreed to without objection.
2011-07-18	House	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 310 - 1 (Roll no. 601). (text: CR H5131)
2011-07-18	House	Considered as unfinished business. (consideration: CR H5132)
2011-07-18	House	At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2011-07-18	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 33.
2011-07-18	House	Considered under suspension of the rules. (consideration: CR H5130-5131)
2011-07-18	House	Mrs. Biggert moved to suspend the rules and pass the bill, as amended.
2011-07-01	House	Placed on the Union Calendar, Calendar No. 81.
2011-07-01	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 112-131.
2011-06-22	House	Ordered to be Reported by Voice Vote.
2011-06-22	House	Committee Consideration and Mark-up Session Held.
2011-05-04	House	Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
2011-05-04	House	Subcommittee Consideration and Mark-up Session Held.
2011-05-03	House	Subcommittee Consideration and Mark-up Session Held.
2011-03-23	House	Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2011-03-10	House	Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
2011-01-05	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/33/all-info
Text	https://www.congress.gov/112/bills/hr33/BILLS-112hr33ih.pdf
Text	https://www.congress.gov/112/bills/hr33/BILLS-112hr33eh.pdf
Text	https://www.congress.gov/112/bills/hr33/BILLS-112hr33rh.pdf
Text	https://www.congress.gov/112/bills/hr33/BILLS-112hr33enr.pdf
Roll Call	https://clerk.house.gov/Votes/2011601