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CUNA's Donovan: Tax Reform is on 114th Congress' Agenda
Monday, December 22, 2014 6:40 AM

Ryan Donovan, CUNA senior vice president of legislative affairs, said in a video interview with News Now that comprehensive tax reform is expected to play a major part in the 114th Congress.

"As we look to 2015 and 2016, credit unions need to take the tax reform discussions very seriously," Donovan said. "We'll be actively advocating for the credit union tax status beginning at the start of the year, through the Governmental Affairs Conference and through the course of the entire Congress. Because tax reform won't be done until a president, whether it's President Obama, Clinton, Cruz, Christie, you name it, signs a bill."

In the interview, Donovan mentions three recent tax reform plans from Sen. Orrin Hatch (R-UT), incoming chair of the Senate Finance Committee; Sen. Tom Coburn (R-OK); and Rep. Dave Camp (R-MI), outgoing chair of the House Ways and Means Committee.

Watch the video here.