Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Non-profits need health care incentives CUNA
WASHINGTON (10/1/09)--While it supports health care assistance for small employers, the Credit Union National Association (CUNA) said Wednesday that the same standards should also apply to non-profit employers, including federal- and state-chartered credit unions, that seek the same benefits for their employees. CUNA made its remarks in a letter to Senate Finance Committee members Max Baucus (D-Mont.) and Charles Grassley (R-Iowa) which addressed a modified version of the America’s Healthy Future Act of 2009 which provides tax credits to help small employers cover the cost of purchasing health insurance for their employees. As written, an amendment to the bill that was offered by Sens. Kerry, Snowe, Schumer, Lincoln and Cantwell would extend these same benefits to non-profits, but only to those that are organized under Section 501(c)(3) of Internal Revenue Service Code. While positive, this would still exclude 27 types of non-profits that are organized under Section 501(c) of the IRS code. In closing, CUNA President/CEO Dan Mica asked for “employer parity and basic fairness” to “prevail” by allowing the bill’s incentives to apply to “all small employers.”


RSS print
News Now LiveWire
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
43 minutes ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
56 minutes ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
56 minutes ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
1 hours ago
Worldwide #creditunion growth: Nearly 57K CUs now serve 208M members #NewsNow http://t.co/vrSv3Gvp7X
2 hours ago