Pension Premium Relief for Charities Left Out of Tax 2.0 Package

A provision that would’ve reduced the pension premiums paid by cooperatives and small employer charities such as the Girl Scouts of the USA and Boy Scouts of America didn’t make the cut in the U.S. House’s second round of tax reform.

Rep. Ron Kind (D-Wis.) proposed an amendment to reduce Pension Benefit Guaranty Corporation premiums for the charities and cooperatives to the Family Savings Act—the retirement portion of a three-bill Tax Reform 2.0 bundle (H.R. 6757). The amendment was voted down last week along party lines.

The rejection of the amendment highlights a likely partisan rift as lawmakers ...