State league says entire congressional delegation voices support for credit union tax exemption.
WASHINGTON — Optimism about saving tax exemption in the air heard at CUNA's “Don’t Tax My Credit Union” event at Credit Union House.
Two more Washington lawmakers have come out in favor of credit unions’ tax-exempt status.
A working group report on tax reform delivered to the the House Ways and Means Committee May 6 was overall good news for credit unions, but it included some recommendations to scrap the tax exemption, too.
House panel does say this about credit unions vs. banks: "Most of those differences have disappeared over time."
Two members of the House add support; 218 needed.
Within two weeks of the ascension of Rep. Sander Levin (D-Mich.) to the chairmanship of the House Ways and Means Committee,
Within two weeks of Rep. Sander Levin's (D-Mich.), ascension to the chairmanship of the House Ways and Committee last month, the political action committees of CUNA and NAFCU each donated $1,000 to his campaign.
House Democrats set aside seniority today and chose Rep. Sander Levin (D-Mich.) to chair the Ways and Means Committee.