The Church Pensions Fairness Act, sponsored by Rep. Judy Biggert, R-Ill., would amend the Investment Company Act of 1940, the Securities Act of 1933 and the Securities Exchange Act of 1934 to permit church pension plans to invest in collective trusts. The bill is scheduled for a vote on Wednesday. You can read about the bill in this article at Focus on the Family: “House to Vote on Church Pensions Bill.“
A Church Pension Bill Scheduled for a House Vote
The Church Pensions Fairness Act, sponsored by Rep. Judy Biggert, R-Ill., would amend the Investment Company Act of 1940, the Securities Act of 1933 and the Securities Exchange Act of 1934 to permit church pension plans to invest in collective…