Small Block

Capital Absorption Opportunity · Tax-exempt organizations (26 U.S.C. § 501) · 501(c) Organizations

501(c)(17) Organizations

Definition

Supplemental unemployment benefit (SUB) trusts: trusts forming part of a plan that pays supplemental unemployment compensation benefits to employees on a nondiscriminatory basis.[1] Congress added the paragraph in 1960.[1]

Federal law

  1. Act of July 14, 1960 (supplemental unemployment benefit trusts), Pub. L. 86-667, § 1, 74 Stat. 534. Added section 501(c)(17). Official text: govinfo.gov, U.S. Government Publishing Office.