Thursday, June 6, 2013

2013 End of Session Report

In a year that marked progress of a slowly recovering economy as well as leadership changes in the Senate and House of Representatives, your League was successful in holding off serious threats to credit unions and other businesses. Although there were still many bills designed to protect consumers on the table this legislative session, potential harm to credit unions was kept to a minimum. Most importantly, the credit union general excise tax exemption on purchase of tangible personal property, which was suspended in 2011, will be reinstated on July 1, 2013.

Click this link to view the 2013 end of session report.