From Deseret News archives:
Credit union resolution sails to Senate
Panel quickly OKs plea to D.C. on credit unions
The Senate Revenue and Taxation Committee abruptly passed HJR1, "A Joint Resolution Related to Financial Institutions," to the Senate floor with a favorable recommendation. The vote occurred before the resolution's sponsor, Rep. Jeff Alexander, R-Provo, even introduced the bill.
"I think we've had a lot of consideration in both public meetings and with e-mail communications, and since we have such a full agenda we ask to move it to the floor," said Sen. Howard Stephenson, R-Draper. The remaining two committee members, chairman Curtis Bramble, R-Provo, and Sen. Darin Peterson, R-Nephi, concurred.
Alexander said after the meeting that "it's nice to have it moving forward in the Senate." The resolution will be presented now by its Senate sponsor, Dan Eastman, R-Bountiful.
Scott Simpson, president of the Utah League of Credit Unions, called the committee's vote to pass the bill out and put it on the Senate's consent calendar a "procedural stunt, and a pretty sad one at that."
"Here we are in the Senate and have no ability to have comment," Simpson said. "I am pretty disappointed, actually, but it is interesting to see how the process can be gamed.
"This was orchestrated by the chairman, who had the members there that he needed there. He had exactly the number he needed to for a quorum and a vote."
But Howard Headlee, president of the Utah Bankers Association, urged calm.
"This whole process has been blown out of proportion," Headlee said. "This is a resolution. It has been recommended by a legislative task force. I've never seen this much attention dedicated to a resolution before. This (Monday's meeting) is just an indication that there are other issues they want to discuss."
The resolution asks the U.S. Congress to re-examine rulings by the National Credit Union Administration regarding fields of membership for Utah's federally chartered credit unions; allow states and local governments to levy the same taxes on federally chartered credit unions as are imposed on state-chartered ones; and provide states with an explanation for maintaining the current tax structure, if it decides to do so.
Comments
- Brazil wins volleyball championship 9:23 a.m.
- Action to be taken in soccer scandal 9:23 a.m.
- No charges against Tennessee safety 9:21 a.m.
- 4 U.S. die in Afghan attacks 9:21 a.m.
- NFL shifts in handling concussions 9:20 a.m.
- October home sales rise 10.1% 9:20 a.m.
- Phelps looking ahead to better times 9:19 a.m.
- W. Kentucky hires new football coach 9:18 a.m.
- Grand Targhee ice climbing park 9:13 a.m.
- Crimes up against gays, religion 8:55 a.m.
- Buttars wants to limit gay rights laws
206 - Glenn Beck to enter politics?
196 - Palin plans tour stop in Utah
178 - RSL wins MLS Cup on penalty kicks
157 - BYU records with win
130 - Palin's book shows she's unqualified
129 - Officer cleared in Cardall Taser case
103 - BYU cuts Women's Research Inst.
101 - Jazz finally win in San Antonio
99 - Utes knock off rival Aggies
93
I don't pretend to be an expert on global warming. I've met with...
Sen. Scott Jenkins was name-checked by Jay Leno Monday night during his...
Thank you for another fine example of liberal tolerance (sarcasm)
I live in the community of Payson and have not heard any lies about what...
Well written Rodney! No legislation or policy can or will keep those with...
equals death panels to those the government deems not worthy of its largesse....
How come nobody has ever seen these magic rocks?
The ONLY group this plan benefits is the Government. Specifically one...
I don't remember ever hearing Beck using his religion as bases for his views...
This country could use a leader like Reagan right now. Hopefully someone...
Amy good article as always!!!!!!!!!!!
I appreciate you sharing your story. You have overcome many obstacles. I...



You can be the first to comment on this story.