Finance and banking
6 evidence matches
Impact 100% Confidence 90%
Finance and Financial Sector
Finance and Financial Sector
Securities
HR 33 - 112Church Plan Investment Clarification Act
Became Public Law No: 112-142.
Bill Text Stats
Bill text analysis is not available for this record yet.
Affected Sectors
How to read this
Sectors are deterministic matches from official Congress.gov data and cached bill text. They are source-derived signals, not conclusions about intent or economic effect.
Evidence matches count official fields, normalized subjects, cached text snippets, or extracted entities that matched the sector rules.
Impact is a bill-level rollup used for sorting and filtering. It is not an economic impact estimate.
Confidence is the strongest individual match score behind that sector.
Evidence snippets show why a sector matched and can repeat when Congress.gov repeats the same phrase across official fields.
CBO Cost Estimates
Official Congressional Budget Office cost estimate links associated with this bill through Congress.gov records.
How to read this
CBO estimates are official source documents with their own assumptions, scope, and publication dates. They can score a bill, a version of a bill, or a broader legislative package.
LawLinter stores the source link from Congress.gov and does not replace the CBO document. Use these cards as pointers for source review, not as independent fiscal advice.
CBO context shows source-attributed Congressional Budget Office cost estimates linked from official Congress.gov bill records. It is research context only; read the official CBO source document for assumptions, scope, and dates.
Campaign Finance Context
Related FEC/OpenFEC campaign-finance records for lawmakers and candidates tied to this bill through source-attributed legislative relationships. These are not donations to the bill itself.
How to read this
Amounts shown here are campaign-finance totals for sponsor or cosponsor-linked candidates and their committees in the displayed FEC cycle.
They are not donations to this bill, spending on this bill, or proof that money influenced or caused sponsorship, cosponsorship, votes, or legislative outcomes.
If multiple linked lawmakers have FEC records, this section can show multiple candidate cards and separate sponsor/cosponsor rollups.
Campaign-finance context uses source-attributed FEC/OpenFEC records that are related or relevant to the displayed bill, lawmaker, candidate, committee, or legislative relationship through deterministic links. It is research context only, not proof of influence, causation, endorsement, or that money caused a sponsorship, vote, or legislative outcome.
No FEC/OpenFEC campaign-finance context is currently linked for this bill.
Lobbying Context
Related LDA.gov filings where public lobbying activity descriptions reference this bill. These records are source-attributed research context, not evidence of influence or causation.
How to read this
LDA filings are public lobbying disclosure records. LawLinter links them here only when the filing activity text contains an exact-looking reference to this bill.
A filing can mention many issues, clients, agencies, or bills. A match should be treated as a pointer for review, not as a conclusion about why legislation changed or how any lawmaker acted.
Lobbying context uses source-attributed LDA.gov records that appear related to this bill through bill references in public lobbying activity descriptions. It is research context only, not proof of influence, causation, endorsement, lobbying effectiveness, or legislative intent.
No LDA.gov lobbying disclosure context is currently linked for this bill.
Summary
49 Public Law Aug 21, 2012
(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.)
82 Passed Senate without amendment Aug 21, 2012
(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.)
17 Reported to House with amendment(s) Aug 21, 2012
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.)
36 Passed House amended Aug 21, 2012
(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.)
00 Introduced in House Jan 28, 2011
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). Revises exclusions from the meaning of exempted securities to add 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.)
Sponsors
JB
Website
N/A
Phone
N/A
Office
N/A
Timeline
Jul 9, 2012
Signed by President.
Jul 9, 2012
Signed by President.
Jul 9, 2012
Became Public Law No: 112-142.
Jul 9, 2012
Became Public Law No: 112-142.
Jun 29, 2012
Presented to President.
Jun 29, 2012
Presented to President.
Jun 21, 2012
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S4428)
Jun 21, 2012
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S4428)
Jun 21, 2012
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Jun 21, 2012
Passed Senate without amendment by Unanimous Consent.
Jun 21, 2012
Message on Senate action sent to the House.
Jul 19, 2011
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 18, 2011
Mrs. Biggert moved to suspend the rules and pass the bill, as amended.
Jul 18, 2011
Considered under suspension of the rules. (consideration: CR H5130-5131)
Jul 18, 2011
DEBATE - The House proceeded with forty minutes of debate on H.R. 33.
Jul 18, 2011
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.
Jul 18, 2011
Considered as unfinished business. (consideration: CR H5132)
Jul 18, 2011
Passed/agreed to in 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)
Jul 18, 2011
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)
Jul 18, 2011
Motion to reconsider laid on the table Agreed to without objection.
Jul 1, 2011
Reported (Amended) by the Committee on Financial Services. H. Rept. 112-131.
Jul 1, 2011
Reported (Amended) by the Committee on Financial Services. H. Rept. 112-131.
Jul 1, 2011
Placed on the Union Calendar, Calendar No. 81.
Jun 22, 2011
Committee Consideration and Mark-up Session Held.
Jun 22, 2011
Ordered to be Reported by Voice Vote.
May 4, 2011
Subcommittee Consideration and Mark-up Session Held.
May 4, 2011
Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
May 3, 2011
Subcommittee Consideration and Mark-up Session Held.
Mar 23, 2011
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Mar 10, 2011
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Jan 5, 2011
Introduced in House
Jan 5, 2011
Introduced in House
Jan 5, 2011
Referred to the House Committee on Financial Services.
House Votes
No House roll call votes have been linked to this bill yet.
Amendments
No amendment records are currently available for this bill.
Compiled bill record. Bill pages combine Congress.gov source payloads, normalized relationships, cached text analysis, vote links, and deterministic sector/signal extraction. This is not an official government record or legal advice; use the official source link when accuracy matters.