Washington lawmakers are taking a close look at tax exemptions in the final weeks of the 2016 regular session.
Two bills sponsored by the NWCUA to improve the Washington Credit Union Act passed out of their respective committees last week in the State Legislature, clearing an early hurdle in the path to passage.
The Public Funds bill passed the Washington State House yesterday by a vote of 80-16 with two excused and now needs only to be signed into law by Governor Gregoire.
HB 1327, known as the Public Funds Bill, passed the Washington State House on Jan. 30, and floor action is expected in the Senate this week. A number of other pieces of legislation affecting credit unions saw action last week as well.