S. 2120 — 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.

Full Text

Related Legislation

H.R. 4556A 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.
1983-12-15Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Related

Legislative Actions

1983-11-17
Introduced in Senate
1983-11-17
Read twice and referred to the Committee on Banking.

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.

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill