II 115th CONGRESS 1st Session S. 674 IN THE SENATE OF THE UNITED STATES March 21, 2017 Mr. Cardin (for himself, Mr. Crapo , and Mr. Roberts ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to clarify the retirement income account rules relating to church controlled organizations.

1. 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.