Bill · H.R. 9353· House(119-HR-9353)
To amend the Internal Revenue Code of 1986 to exempt qualified religious institutions from the excise tax on investment income.
- Introduced
- 6/18/2026
- Last activity
- 6/18/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Mike Kelly
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill proposes to change the Internal Revenue Code of 1986. It aims to exempt "qualified religious institutions" from paying the excise tax on investment income. It defines what counts as a qualified religious institution based on its establishment date, its association with certain organizations, its governing body, and its published mission. These changes would apply to tax years starting after December 31, 2025. The Secretary of the Treasury is required to provide guidance on these rules by December 31, 2026.
Yes
Does this protect the freedom to practise a religion?+5
Provides financial relief to qualified religious institutions, supporting their operational capacity.
The opposite
Does this reduce what the federal government owes?-2
The exemption of excise taxes for religious institutions reduces federal tax revenue.
Does this make the government pay for what it commits to?-2
Reducing tax revenue without corresponding spending cuts typically decreases fiscal responsibility.
Who it would affect, and how
Potential Positive Impacts for People
- Tax Relief for Religious Institutions: Qualified religious institutions would no longer have to pay the excise tax on investment income according to Section 1(a). This could allow these institutions to keep more of their investment earnings.
Potential Negative Impacts for People
- Loss of Tax Revenue: Because Section 1(a) exempts qualified religious institutions from the excise tax on investment income, the government would collect less tax revenue from these entities.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Social Issues And Justice
- Improves Religious Freedom+5
- Economy And Finance
- Improves Fiscal Responsibility-2Reduces National Debt-2
- 6/18/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Brendan BoyleDemocrat · Pennsylvania