Lame Duck Vehicles Could Drive MBL Bill

A potentially busy lame duck session could provide opportunities for legislation addressing the credit union member business lending (MBL) cap to move through the U.S. Congress.  "There are certain bills that must be addressed before Congress adjourns for the year, such as expiring tax laws including the payroll and Bush tax cuts, a farm bill, a Defense Authorization bill, certain treaties and extension of a number of other important tax extenders. It'll be a lively session and we continue to pursue all avenues that could result in the passage of an MBL bill in coming weeks," Credit Union National Association (CUNA) Executive Vice President John Magill said.  Read More