Legislative Affairs

NASCUS is dedicated to providing focused and incisive advocacy on behalf of the state-chartered credit union system, with a strong voice on Capitol Hill extolling the benefits of the dual charter. NASCUS generally comments only on federal legislation which: affects the dual chartering system, impacts state-chartered credit unions, touches on state-chartered credit union share insurance requirements, or infringes upon state regulatory authority.

NASCUS letter regarding excise tax liabilities

NASCUS letter regarding excise tax liabilities

NASCUS wrote to the House Ways & Means Committee leadership expressing concerns regarding anticipated tax liabilities related to the 21% excise tax on excess executive compensation required under the Tax Cut and Jobs Act of 2017 (TCJA).
Legislative News Archive

Legislative News Archive

Spotlight on Capitol Hill September 10, 2013 Congress returned from its summer recess this week, and both houses are expected to resume work on several financial regulatory reform initiatives that could...

NASCUS Supplemental Capital Resources

Supplemental Capital NASCUS has consistently encouraged NCUA, Congress and others to consider capital reform for credit unions as a tool for enhancing safety and soundness. As an active member of...

Letter Support OTR Transparency Bill

September 14, 2016 Dear Representatives Mulvaney and Heck: On behalf of the National Association of State Credit Union Supervisors (NASCUS), the professional association of the 45 state credit union regulatory...

Letter on CHOICE, 5-member NCUA Board

July 13, 2016 RE: Launch of hearings on CHOICE Act; five-member NCUA Board Dear Chairman Hensarling and Ranking Member Waters, Congratulations on the recent hearing regarding the “Creating Hope and...