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News Now

Washington
NEW: CU advocates to flood D.C. as Camp readies tax reform report
WASHINGTON (2/14/14, UPDATED 3:15 p.m. ET)--House Ways and Means Committee Chairman Dave Camp (R-Mich.) plans to release his much-anticipated and much-delayed plan to overhaul the tax code soon, according to news media reports that are circulating.
 
"The timing of  4,300 credit union advocates hitting Washington, D.C. for our Governmental Affairs Conference starting Feb. 23 could not be any better," says Credit Union National Association Executive Vice President John Magill.
 
CUNA, the state credit union associations, credit unions and credit union members have vehemently been advocating on behalf of the credit union tax status in anticipation of the tax code reform draft.
 
"Credit unions and their members will be well served by having thousands of their advocates available for Capitol Hill visits during GAC to drive home their "Don't Tax My Credit Union" message just as been the tax report is being wrapped up," Magill notes. "Credit unions have worked hard to make sure that lawmakers on all levels truly understand that a new tax on credit unions would be a tax on the 99 million Americans that are their members."​


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