Ways and Means Committee

• Ways & Means Working Groups Initiate Tax Reform Research

  By Heather Anderson  |  February 14, 2013

  Veteran lobbyist says working groups include two on credit union radar and that credit unions not stated target, so far.

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  Tax Reform Leaders in New Congress Support Credit Unions

  By Heather Anderson  |  January 23, 2013

  As credit unions hunker down in defense of their federal tax exemption, the industry does have one thing in its favor. There are no known enemies among leadership on the House Ways and Means or Senate Finance Committees.

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  8 Members of Congress Credit Unions Need to Know

  By Heather Anderson  |  January 14, 2013

  These powerful leaders oversee financial institutions and the NCUA, originate tax reform and wield considerable influence.

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  113th Congress Day One: NAFCU and Military Coalition Defend Tax Exemption

  By Heather Anderson  |  January 4, 2013

  Trade group hits the Hill as Congress begins new session.

• Dealmakers at Work on Fiscal Cliff

  By Arthur Postal  |  November 8, 2012

  There is strong evidence of a “grand bargain” being agreed to by Congress and the White House by year-end in order to avert a dramatic impact on the economy.

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  Connecticut CUs Raise Campaign Funds for Incumbent Larson

  By Heather Anderson  |  October 10, 2012

  CULC hosts fundraiser for Rep. John Larson, Ways and Means member and chair of the House Democratic Caucus.

• Cheney to House Ways & Means: CU Tax Status About Structure

  By Heather Anderson  |  August 3, 2012

  “It has never been about the power or mission of the credit union,” CUNA chief pens panel leaders in reply to ABA testimony.

• Congress Passes Bill to Enable Pension Funding of Life Insurance Purchases

  By Arthur D. Postal  |  July 3, 2012

  Sponsors of defined benefit pension plans will be able to use excess money in their plans to fund the purchase of life insurance for their retirees for the first time.

• NAFCU to House Committee: Subchapter S Bank Tax Break Larger Than CU Exemption

  By Heather Anderson  |  May 16, 2012

  Wednesday’s House Ways and Means Committee hearing wasn’t supposed to challenge the tax exempt status of credit unions. However, NAFCU isn’t taking any chances.

• Business Lending Bill Exceeds 100 Cosponsors

  By Claude R. Marx  |  October 28, 2011

  Two members of the House add support; 218 needed.