HR 9353·Federal·house
To amend the Internal Revenue Code of 1986 to exempt qualified religious institutions from the excise tax on investment income.
In CommitteeFiled Jun 18, 2026
Sponsor: Rep. Kelly, Mike [R-PA-16] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Jun 18, 2026
Summary
The bill would change the Internal Revenue Code so that qualified religious institutions no longer have to pay the excise tax on income earned from investments. It targets churches and similar faith‑based organizations, aiming to reduce their tax burden. The change could affect federal revenue and the financial operations of these groups.
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