H.R. 2341 – Reading Mode

115th CONGRESS

1st Session

H. R. 2341

IN THE HOUSE OF REPRESENTATIVES

May 3, 2017

Mr. Roskam (for himself and Mr. Kind) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church-controlled organizations.

Short title

This Act may be cited as the Seeking an End to Restrictions on Votive Employees Act or as the SERVE Act.

Clarification of retirement income account rules relating to church-controlled organizations

(a)

In general

Subparagraph (B) of section 403(b)(9) of the Internal Revenue Code of 1986 is amended by inserting (including an employee described in section 414(e)(3)(B)) after employee described in paragraph (1).

(b)

Effective date

The amendment made by this section shall apply to years beginning before, on, or after the date of the enactment of this Act.