Removing Barriers Blog

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  • Tax and Budget Policy 

Clear results
Keeping member credit unions and leagues current on what and why we are doing for advocacy efforts including legislative, regulatory and state governmental affairs.
2016 Advocacy Accomplishments Position Credit Unions to Take Advantage of Opportunities in 2017
Posted December 12, 2016 by Ryan Donovan
A look at our advocacy accomplishments for 2016 and the opportunities that exist in 2017.
Legislative, Regulatory, State Government Affairs, Credit Union Powers, Examination and Supervision, Consumer Protection, Housing, Payments, Tax and Budget Policy
2016 End of Year Review
Posted December 12, 2016 by CUNA Advocacy

Here are some highlights from the past year. 

Legislative, Regulatory, State Government Affairs, Credit Union Powers, Examination and Supervision, Consumer Protection, Housing, Payments, Tax and Budget Policy, World Affairs
Temporary Government Funding Bill Passes, Delaying Regulatory Relief Fight
Posted September 29, 2016 by CUNA Advocacy
While the stopgap measure did not include any of the provisions we secured in various appropriations bills, we hope that these provisions will be included in whatever legislative package eventually funds the government for all of FY2017.
Legislative, Regulatory, Tax and Budget Policy
CUNA Fully Engaged at Annual ALEC Meeting
Posted August 01, 2016 by CUNA Advocacy
This ALEC meeting, and next weeks' NCSL meeting, present great opportunities for us to share the credit union difference with state legislators and fend off attacks on the tax status.
Legislative, State Government Affairs, Tax and Budget Policy
House Passes Financial Services Appropriations Bill
Posted July 08, 2016 by CUNA Advocacy
The bill includes funding for important credit union programs and several regulatory relief provisions.
Legislative, Regulatory, Credit Union Powers, Consumer Protection, Tax and Budget Policy
House Releases Blueprint for Comprehensive Tax Reform
Posted June 24, 2016 by Chandler Schuette
We are in the process of analyzing how these proposals could effect the credit union tax status.
Legislative, Tax and Budget Policy
NCUA Will Open Budget Process to Public
Posted June 15, 2016 by CUNA Advocacy

This is yet another significant change in NCUA policy under the new leadership of Chairman Rick Metsger.

Regulatory, Tax and Budget Policy
Letter Supports 2017 House Appropriations FSGG Bill
Posted June 08, 2016 by Chandler Schuette
This appropriations bill includes several important regulatory relief provisions, including CFPB reforms.
Legislative, Consumer Protection, Tax and Budget Policy
CUNA Joins WOCCU in Opposing Expanded FATCA Reporting Requirements
Posted May 31, 2016 by CUNA Advocacy

We responded to Treasury Secretary Jack Lew's request for new legislation expanding FATCA reporting requirements to non-interest bearing accounts.

Legislative, Regulatory, Tax and Budget Policy, World Affairs
Puerto Rico Bill Passes House Committee
Posted May 25, 2016 by CUNA Advocacy
The PROMESA Act was sponsored by Rep. Sean Duffy (R-WI), and includes several measures to begin addressing the Puerto Rican debt crisis.
Legislative, Tax and Budget Policy, World Affairs
Draft House Appropriations Bill Contains Change to CFPB Funding Structure
Posted May 24, 2016 by Chandler Schuette
The draft also maintains or increases funding levels for several important community and small business development funds.
Legislative, Regulatory, Consumer Protection, Tax and Budget Policy
Senate Finance Committee Hearing Passes Over Tax Status
Posted May 17, 2016 by CUNA Advocacy
In considering several tax proposals, the Committee did not bring up credit unions as a source for new revenue.
Legislative, Tax and Budget Policy
CUNA Thanks Representative Sherman for Co-Sponsoring G-Fees Bill
Posted April 29, 2016 by Chandler Schuette
This bill would prohibit the use of guarantee fees to offset unrelated federal spending.
Legislative, Regulatory, Housing, Tax and Budget Policy
Senate Finance Committee Passes Bills Curbing Identity Theft and Tax Refund Fraud
Posted April 21, 2016 by CUNA Advocacy
This legislation includes many provisions, two of which may affect state-chartered credit unions.
Legislative, Tax and Budget Policy
Letter to Ways and Means Committee Makes Case for Credit Union Tax Status
Posted April 13, 2016 by Chandler Schuette
Our letter ensured that members of the committee will be fully aware of the credit union difference as they prepare to consider tax reform options.
Legislative, Tax and Budget Policy
Vermont League Defeats Banker Attack
Posted March 18, 2016 by CUNA Advocacy
The League and member credit unions beat back a tax-status attack using CUNA-supplied data.
State Government Affairs, Tax and Budget Policy
House Budget Resolution Contains Several Regulatory Relief Provisions
Posted March 18, 2016 by CUNA Advocacy
While these provisions are just suggestions for appropriators, they do signal increased Congressional attention to regulatory burden.
Legislative, Regulatory, Tax and Budget Policy

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