RepublicanBill · 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.

Rep. Kelly
Age: 78 years
Pennsylvania
Introduced
6/18/2026
Last activity
6/18/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Mike Kelly
Cosponsors
Republican - 0Democrat - 1
Taxation
  1. Introduced
  2. 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.