CUNA and credit union league staff joined more than 5,000 attendees in Chicago last week at the National Conference of State Legislatures (NCSL) Legislative Summit. More than 230 lawmakers representing 39 states stopped by the America’s Credit Unions booth, manned by CUNA and league staff, where credit union fact sheets and high-tech giveaways were handed out.
Engagement at the NCSL Legislative Summit is a priority for CUNA and the leagues because legislators adopt policies in NCSL’s 8 standing committees. Those adopted policies become the part of NCSL’s efforts to fight unwarranted federal preemption of state laws, unfunded mandates and federal legislation.
The Task Force on State and Local Taxation met to discuss tax policy issues, and as expected, there were no discussions that would directly impact credit unions’ tax status.
The Communications, Financial Services and Interstate Commerce Committee adopted a resolution spearheaded by a bipartisan group of Oregon lawmakers that urged Congress to enact laws that give legal marijuana businesses access to financial services, including credit unions.continue reading »