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Despite an increase in lobbying activity by credit union and bank advocacy groups on Capitol Hill over the credit union tax exemption, lobbyist Dan Mica said he doesn’t think tax reform will happen this year.

“There could be some piecemeal tax reform, but a major bill this year is going to be almost impossible,” said the former Florida congressman who retired as president/CEO of CUNA in 2010. “Republicans are split among themselves and until they get their act together, I don’t think anything is going to happen.”

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