WASHINGTON—Despite growing credit union industry concerns over the movement’s tax break as the government rewrites the tax code later this year, dozens of House members shared tax policy priorities with the House and Ways Committee on Wednesday, but none mentioned any changes to the credit union tax status in their presentations, America’s Credit Unions reported.
The “member day” hearing allowed House members to address anything within the committee’s tax jurisdiction.
Members addressed the need for childcare, inheritance, and state and local tax deduction reform, among other topics, ACU said.