Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Conn. league sees success with sales tax bill
MERIDEN, Conn. (3/20/14)--The Credit Union League of Connecticut got what it was working toward, as a bill that would deliver sales and use tax exemptions to the state's credit unions moved closer to ratification this week.  

With a 13-4 vote, the state's Banks Committee voted out HB 5470. It was referred to the Finance, Revenue and Bonding Committee for its approval, the exact result the league was hoping for in order to streamline the bill's journey through the Legislature, according to a league press release.  

Connecticut league leaders have been at the forefront of the effort to drive this bill forward, but they also commend the support that's come from individual credit union leaders statewide.

The calls and emails from credit union advocates to state legislators on the committee, in addition to the support shown by the credit union CEOs who testified at the Bank Committee hearing, made an impact, the league emphasized.  

League leadership will continue to ask for support over the next week in contacting legislators on the Finance, Revenue and Bonding Committee as the bill heads in their direction. 


RSS print
News Now LiveWire
Housing starts swell in July #NewsNow #Market http://t.co/EdKIhXEj9l
16 hours ago
Consumer inflation tapers after spring surge #NewsNow #Market http://t.co/bgvQd8fyuF
16 hours ago
Have you read this one today in #NewsNow? What NCUA examiners look for on cybersecurity efforts: NCUA Report http://t.co/4g5wUavUAe
17 hours ago
.@CFPB sets $2.75M fine v. auto finance co. it says "distorted consumer credit records for years": TX-based First Investors Fin. Serv. Group
18 hours ago
University, college #creditunions add fin ed to higher ed. See #NewsNow http://t.co/NsyshwHPhg
19 hours ago