S.2589 - A bill to clarify the status of certain retirement plans and the organizations which maintain the plans.108th Congress (2003-2004)
|Sponsor:||Sen. Bunning, Jim [R-KY] (Introduced 06/24/2004)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 09/29/2004 Message on Senate action sent to the House. (All Actions)|
This bill has the status Passed Senate
Here are the steps for Status of Legislation:
- Passed Senate
Summary: S.2589 — 108th Congress (2003-2004)All Information (Except Text)
Passed Senate without amendment (07/14/2004)
(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.