Washington lawmakers are taking a close look at tax exemptions in the final weeks of the 2016 regular session.
Northwest Credit Union Association-backed bills on credit freezes, foreclosure, and mortgage fraud are progressing in the Washington legislature. Expect to see a flurry of activity in the final three weeks of the session.
As Wednesday’s house of origin deadline approaches, most bills being tracked by the Northwest Credit Union Association remain in committee—but a pair of key bills are moving toward passage.
Companion bills addressing credit union corporate governance and investments continue to move forward.
The Washington State Legislature is just past the midway point of its 105-day session. A flurry of activity in the last week impacts some legislation of interest to credit unions.
As credit union advocates gathered en masse at the capitol, credit union bills passed out of committee.
As the governor resigns, credit union bills are referred to committee and the legislative session marches on.
Both NWCUA-sponsored bills to amend the Washington Credit Union Act are up for hearings this week.
The Washington State Legislature is in full swing, and as committees begin holding hearings, a number of bills are in the works with a potential impact on credit unions.
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.
This Washington Legislative Week in Review updates the progress of the Public Funds Bill and details the bills that died after missing last week’s House of Origin Cutoff.
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.
The Washington State Legislature began its regular session last week, with the main task at hand being to close a roughly $1.5 billion budget shortfall. Taxes and tax exemptions continue to play a major role in the discussion.
In a move called ‘randomization’ the Social Security Administration will change the way Social Security Numbers are issued.