CU tax status untouched as Senate passes tax reform bill

The Senate voted Tuesday in favor tax reform legislation that leaves the credit union tax status untouched, and the House is expected to re-vote on the measure Wednesday. The House passed a version of the bill Tuesday, but changes were made in the Senate.

CUNA released its analysis of the bill Monday.

The House and Senate passed different versions of the bill earlier this year, and the compromise bill was revealed last week.

CUNA analysis of the bill covers:

 

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