[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 2913 Introduced in Senate (IS)]

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116th CONGRESS
  1st Session
                                S. 2913

 To apply cooperative and small employer charity pension plan rules to 
certain charitable employers whose primary exempt purpose is providing 
             services with respect to mothers and children.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 20, 2019

 Mr. Kaine (for himself, Mr. Perdue, Mr. Scott of South Carolina, and 
  Mr. Warner) introduced the following bill; which was read twice and 
  referred to the Committee on Health, Education, Labor, and Pensions

_______________________________________________________________________

                                 A BILL


 
 To apply cooperative and small employer charity pension plan rules to 
certain charitable employers whose primary exempt purpose is providing 
             services with respect to mothers and children.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting Critical Services for 
Mothers and Babies Act''.

SEC. 2. APPLICATION OF COOPERATIVE AND SMALL EMPLOYER CHARITY PENSION 
              PLAN RULES TO CERTAIN CHARITABLE EMPLOYERS WHOSE PRIMARY 
              EXEMPT PURPOSE IS PROVIDING SERVICES WITH RESPECT TO 
              MOTHERS AND CHILDREN.

    (a) Employee Retirement Income and Security Act of 1974.--
            (1) In general.--Section 210(f)(1) of the Employee 
        Retirement Income Security Act of 1974 (29 U.S.C. 1060(f)(1)) 
        is amended--
                    (A) by striking ``or'' at the end of subparagraph 
                (B);
                    (B) by striking the period at the end of 
                subparagraph (C) and inserting ``; or''; and
                    (C) by inserting after subparagraph (C) the 
                following new subparagraph:
                    ``(D) that, as of January 1, 2000, was maintained 
                by an employer--
                            ``(i) described in section 501(c)(3) of the 
                        Internal Revenue Code of 1986,
                            ``(ii) who has been in existence for at 
                        least 80 years,
                            ``(iii) who conducts medical research 
                        directly or indirectly through grant making, 
                        and
                            ``(iv) whose primary exempt purpose is to 
                        provide services with respect to mothers and 
                        children.''.
    (b) Internal Revenue Code of 1986.--
            (1) IRC in general.--Section 414(y)(1) of the Internal 
        Revenue Code of 1986 is amended--
                    (A) by striking ``or'' at the end of subparagraph 
                (B);
                    (B) by striking the period at the end of 
                subparagraph (C) and inserting ``; or''; and
                    (C) by inserting after subparagraph (C) the 
                following new subparagraph:
                    ``(D) that, as of January 1, 2000, was maintained 
                by an employer--
                            ``(i) described in section 501(c)(3),
                            ``(ii) who has been in existence for at 
                        least 80 years,
                            ``(iii) who conducts medical research 
                        directly or indirectly through grant making, 
                        and
                            ``(iv) whose primary exempt purpose is to 
                        provide services with respect to mothers and 
                        children.''.
    (c) Effective Date.--The amendments made by subsections (a) and (b) 
shall take effect with respect to plan years beginning after December 
31, 2018.
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