Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — Three national banking trade associations delivered a joint letter to the chairmen and ranking members of the House Ways & Means and Senate Finance committees encouraging them to include the Subchapter S reforms from the Senate bill in any compromise legislation.

The April 12 letter signed by the American Bankers Association, America’s Community Bankers, and the Independent Community Bankers of America commended the Congress for passing the bills. “Importantly,” it read, “we urge that any final House-Senate compromise on small business tax relief preserve the Subchapter S reforms in the Small Business and Work Opportunity Act of 2007 passed by the Senate. The Subchapter S provisions have bipartisan support and will help strengthen small businesses and the Subchapter S financial institutions that help finance them.”

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.