Act now! Your voice can push MBL bill over
the finish line
On Nov. 28, delegates from The League and 10
Wisconsin credit unions joined credit union advocates and coalition
partners in Washington, D.C. to seek support from our Members of
Congress for the Credit Union Small Business Jobs
Bill, S 2231/H.R. 1418 – legislation to increase credit
unions' business lending. With the clock winding down on the lame duck
session, it is important to do all we canto make the
legislation a priority.
The Wisconsin delegation had
very productive visits with every member of our delegation or, in one
case, their staff. Participants shared the negative implications that
the current cap—set at 12.25% of total assets—has on their
credit union members and local small businesses.
Credit union Activists, League staff and coalition
supporters shared information about the Credit Union Small Business
Jobs Bill with Wisconsin Congresswoman Gwen Moore (seated) during a
November visit to Washington, D.C.
The legislation has widespread bipartisan
support, including from Wisconsin Reps. Tom Petri (R-Fond du Lac) and
Tammy Baldwin ( D-Madison).