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
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
21 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
21 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
1 Day ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
1 Day ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
1 Day ago