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Camp Says Tax Discussion Draft Will be Out Next Week

House Ways and Means Committee Chairman Dave Camp (R-Mich.), in a memo to Republican committee members, said he plans to release draft reforms to the U.S. tax code the week of Feb. 24 ( Bloomberg BNA, Politico Feb. 19). The Credit Union National Association will have 4,300 credit union advocates hitting Washington, D.C., for its Governmental Affairs Conference (GAC) starting Feb. 23 and Executive Vice President John Magill said earlier this week that the timing of having thousands of credit union advocates available for Capitol Hill meetings could not be any better.

In response to news of the Camp memo Wednesday, CUNA President/CEO Bill Cheney said, "For the past nine months, CUNA, the state credit union leagues, and credit unions have been contacting members of Congress and urging them 'Don't Tax My Credit Union.' After more than 1.3 million contacts with lawmakers through that campaign, we're hopeful that our advocacy message got through."

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Tags: tax exemption, Don't Tax My CU

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