The prize-linked savings bill is going to the Governor, while many tax exemption proposals are being proposed in an effort to close the budget deficit.
The budget process continued largely along party lines, against a backdrop of growing public pressure to end business tax exemptions.
As elected officials scramble to close billion dollar deficits in Olympia and Salem, two very different approaches are being pursued. WA House Democrats proposed a further $7 million sweep from DFI, while OR officials hope to avoid similar action.
Last weekâ€™s Credit Union Day at the Capitol was considered a very successful event by all, while efforts to close the state’s budget gap continued.
The latest news about NWCUA efforts int eh Washington State Legislature
Oregon credit unions will likely be paying more fees than expected in 2011 to the Department of Consumer and Business Services, the primary regulator of credit unions in Oregon, due to a budget shortfall caused by market forces.