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News Archive

Activists: continue contacts and prepare for lame duck

Credit union Activists can remain active in their push for the Credit Union Small Business Jobs Bill, S. 2231/H.R. 1418, which would increase CUs’ business lending cap from 12.25% to 27.5% of total assets.

A vote in the U.S. Senate is expected to occur in the lame duck session, after the November elections and before Christmas. Grassroots efforts have mainly focused on the Senate, where the bill will be considered first. If it passes in the Senate, immediate action will be sought in the House. Activists should take this time to prepare our House members for a vote.

 

"Many believe that the upcoming lame duck session will provide a meaningful opportunity to pass member business lending legislation in some fashion," said VP of Government Affairs Tom Liebe. "To position ourselves for success, Activists should prepare to re-engage in heavy grassroots activity during the lame duck session. A win on this bill could also improve our legislative position on many issues including forms of regulatory relief."

 

Over the Congressional recess and in anticipation of a vote during the lame duck session, please consider:

  • Sending another email Action Alert. Our Grassroots Action Center has revised messages prepared for both of Wisconsin's U.S. Senators and your U.S. Representative.

 

  • Identifying small business members who are willing to share stories about the difficulty they have had in securing capital or the value of additional access to credit from credit unions.

 

  • Attending Town Hall meetings and campaign events.

 

The League has additional resources to aid your advocacy efforts.

 

Questions? Contact Sarah Wainscott at The League at (608) 514-0086.


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