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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
Summary of Bill SCONRES 8
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.
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.
Congressional Summary of SCONRES 8
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.
Read the Full Bill
Current Status of Bill SCONRES 8
Bill SCONRES 8 is currently in the status of Bill Introduced since March 23, 2023. Bill SCONRES 8 was introduced during Congress 118 and was introduced to the Senate on March 23, 2023. Bill SCONRES 8's most recent activity was Referred to the Committee on Finance. (text: CR S939) as of March 23, 2023
Bipartisan Support of Bill SCONRES 8
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
56Democrat Cosponsors
26Republican Cosponsors
28Unaffiliated Cosponsors
2Policy Area and Potential Impact of Bill SCONRES 8
Primary Policy Focus
TaxationPotential Impact Areas
- Life, casualty, property insurance
- Social work, volunteer service, charitable organizations
- Tax-exempt organizations
Alternate Title(s) of Bill SCONRES 8
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.
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.
Comments
Sponsors and Cosponsors of SCONRES 8
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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.
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