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(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.)
Written by the nonpartisan Congressional Research Service, describing H.R. 33 as public Law on Jul 9, 2012. It is not the text of the measure; a later amendment may have changed what it does.
House Jul 18, 2011
Church Plan Investment Clarification Act
Passed · Two-thirds required
310 Yea 1 Nay 120 not voting
Crossed both parties 1 of 311 voting members broke with their own party: 1 Republican.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
431 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Organizations that named H.R. 33 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
12 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.