A bill to amend the Federal Credit Union Act (12 U.S.C. Sections 1751 et seq.) to correct the tax status of the National Credit Union Central Liquidity Facility.

Summary

Amends the Federal Credit Union Act to exempt the National Credit Union Administration's Central Liquidity Facility from Federal, State, and local taxation, including notes and other obligations issued on behalf of the Central Liquidity Facility.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 17 November 1983

   Introduced

   Read twice and referred to the Committee on Banking.

   Source: IntroReferral

2. 17 November 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 17 November 1983

  Open at official source

Sponsors

• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Proxmire, William [D-WI] · D · Sponsor
• · ssbk00 · Standing

Related records

• related to → A bill to amend the Federal Credit Union Act (12 U.S.C. 1751 et seq.) to correct the tax status of the National Credit Union Central Liquidity Facility.