Regulatory & Compliance

Senate draft retains key financial provisions while exempting CUs from remittance tax and preserving the tax-exempt status.

New filing cites a recent federal ruling to argue the NCUA Board lacks independent enforcement power, reinforcing protections against politically-motivated dismissal.

The coalition warns HB 1553 would limit consumer choice, reduce access to regulated financial services and weaken state-chartered institutions.

New law brings regulatory parity, expense reimbursements and greater flexibility to Florida's state-chartered credit unions.

The trade group urges $50 million in funding to strengthen global credit union networks.

The government argues the NCUA Board wields executive power, justifying Trump's at-will removal of Harper and Otsuka despite lack of explicit statutory language.