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US SCR6
Concurrent Resolution
AI Summary
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Affirms that fraternal benefit societies are successful private sector economic and social support systems that address unmet community needs
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Supports the continued tax exemption for fraternal benefit societies under Section 501(c)(8) of the Internal Revenue Code, first established by Congress in 1909
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Recognizes approximately 7,000,000 members belong to local chapters nationwide, contributing more than $3.8 billion annually through charitable giving, educational programs, and volunteer activities
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Acknowledges these organizations provide life, health, accident, and other benefits to members while reducing pressure on government safety net programs
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Expresses that fraternal benefit societies have adapted over more than a century to better serve members and the public, and their work should continue to be promoted
Legislative Description
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.
Taxation
Last Action
Referred to the Committee on Finance. (text: CR S374)
1/24/2025