A concurrent resolution expressing the sense of Congress that tax-exempt fraternal benefit societies have historically provided and continue to provide critical benefits to the people and communities of the United States.

3/12/2024, 5:42 AM

This concurrent resolution expresses the sense of Congress that tax-exempt fraternal benefit societies provide critical benefits to the people and communities of the United States and their work should continue to be promoted.

Bill 118 sconres 8 is a concurrent resolution that aims to express the sense of Congress regarding the importance of tax-exempt fraternal benefit societies in the United States. These societies, which are non-profit organizations that provide insurance and other benefits to their members, have a long history of serving the needs of individuals and communities across the country.

The resolution acknowledges the significant contributions that fraternal benefit societies have made to society, including providing financial security and support to their members in times of need. It also recognizes the role that these organizations play in promoting community service, volunteerism, and charitable giving.

Furthermore, the resolution emphasizes the positive impact that fraternal benefit societies have on the economy, as they create jobs, support local businesses, and contribute to the overall well-being of their communities. It calls on Congress to continue to support and protect the tax-exempt status of these organizations, recognizing the important role they play in the social fabric of the United States. Overall, Bill 118 sconres 8 highlights the valuable contributions of tax-exempt fraternal benefit societies to the people and communities of the United States, and urges Congress to continue to recognize and support their important work.
Congress
118

Number
SCONRES - 8

Introduced on
2023-03-23

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/23/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This concurrent resolution expresses the sense of Congress that tax-exempt fraternal benefit societies provide critical benefits to the people and communities of the United States and their work should continue to be promoted.

Bill 118 sconres 8 is a concurrent resolution that aims to express the sense of Congress regarding the importance of tax-exempt fraternal benefit societies in the United States. These societies, which are non-profit organizations that provide insurance and other benefits to their members, have a long history of serving the needs of individuals and communities across the country.

The resolution acknowledges the significant contributions that fraternal benefit societies have made to society, including providing financial security and support to their members in times of need. It also recognizes the role that these organizations play in promoting community service, volunteerism, and charitable giving.

Furthermore, the resolution emphasizes the positive impact that fraternal benefit societies have on the economy, as they create jobs, support local businesses, and contribute to the overall well-being of their communities. It calls on Congress to continue to support and protect the tax-exempt status of these organizations, recognizing the important role they play in the social fabric of the United States. Overall, Bill 118 sconres 8 highlights the valuable contributions of tax-exempt fraternal benefit societies to the people and communities of the United States, and urges Congress to continue to recognize and support their important work.
Alternative Names
Official Title as IntroducedA concurrent resolution expressing the sense of Congress that tax-exempt fraternal benefit societies have historically provided and continue to provide critical benefits to the people and communities of the United States.

Policy Areas
Taxation

Potential Impact
Life, casualty, property insurance•
Social work, volunteer service, charitable organizations•
Tax-exempt organizations

Comments

Recent Activity

Latest Summary7/19/2023

This concurrent resolution expresses the sense of Congress that tax-exempt fraternal benefit societies provide critical benefits to the people and communities of the United States and their work should continue to be promoted.


Latest Action3/23/2023
Referred to the Committee on Finance. (text: CR S939)