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Shelby Waffles on CU Tax Exemption

Sen. Richard Shelby (R-Ala.) won't commit to keeping the credit union tax exemption as part of a tax reform package.

By Nicholas Ballasy | Updated on February 20, 2015

Sen. Richard Shelby (R-Ala.), chairman of the Senate Banking, House and Urban Affairs Committee, declined to specify whether or not he supports keeping the credit union tax exemption in place as part of a tax reform package.

CU Times approached Shelby Feb. 10 in the Dirksen Senate Office Building and asked him if he thinks the credit union tax exemption should be protected.

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