The Oregon State Legislature adjourned Monday ending the threat of three bills that were aimed at taxing many credit unions and implementing new, burdensome regulations, according to the Northwest Credit Union Association.
“All bills that did not pass out of committee officially died and would have to be reintroduced in a future session,” the NWCUA reported.
The league said the Oregon Bankers Association coordinated a “targeted anti-credit union effort” and lobbied for three bills that would have taxed credit unions and created new regulations.
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