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News Now

CU System
Lt Gov To Texas GAC: CUs Will Keep State Tax Exemption
FARMERS BRANCH, Texas (4/5/13)--Texas Lt. Gov. David Dewhurst told the state's credit unions Wednesday that as long as he is in office, their state tax exemption  would continue.

Dewhurst, a staunch supporter of credit unions in the state, made the comments at the Texas Credit Union League's Texas Governmental Affairs Conference (GAC), said the league (LoneStar Leaguer April 3).

Credit unions' tax-exemption is a top priority on the federal scene, as well as the state scene. The Credit Union National Association has made protecting and defending the federal tax exemption as its No. 1 legislative priority for 2013.

League President/CEO Dick Ensweiler and Executive Vice President Tom Haider kicked off the event with a legislative briefing after a buffet breakfast.

In addition to Dewhurst, speakers included Reps. Mike Villarreal (D-San Antonio) and Dan  Flynn (R-Van), and Harold Feeney, commissioner of the Texas Credit Union Department.

Rep. Flynn presented a special recognition proclamation to Jeff Huffman, the league's vice president of governmental affairs, for his years of valuable and ethical service as a lobbyist, said the league.

Prior to the afternoon Capitol visits with legislators,  Haider and a panel that included Huffman and Suzanne Yashewski, senior vice president of regulatory compliance and legal affairs, gave an indepth analysis of eight primary issues credit unions are watching with the state's 83rd Legislature.

The Texas GAC was help in conjunction with TCUL's Member Meeting & Expo, which runs through today.


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