House passes Reconciliation bill, IRS reporting excluded

WASHINGTON, DC (November 19, 2021) — Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after the House of Representatives passed the Build Back Better Act, which excluded the Internal Revenue Service (IRS) reporting proposal:

“We are glad to see that the IRS reporting proposal is not included in the House version of this bill. As it heads to the Senate, we continue to encourage lawmakers to refrain from including this harmful provision in their final plan.”

About CUNA

Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit To find your nearest credit union, visit


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