Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN, Texas – A fourth called session to discuss public school finance reform is unlikely for the Texas Legislature in 2004, reports Buddy Gill, Texas Credit Union League’s SVP Advocacy. The odds are strong the legislature now will wait to discuss the issue until the 2005 Legislature begins in January. Lawmakers currently are circulating several different tax plans. According to Gill, none of the proposals seriously being considered at this time would alter credit union not-for-profit status (aside from any general increase in the state sales tax rate, which would impact state-chartered credit unions). This includes Rep. Jim Keffer’s proposed payroll tax, which currently includes a credit union exemption. Consensus on any of the proposals continues to prove elusive among Gov. Rick Perry and key lawmakers from the House and Senate, Gill said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.