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NEW: Senate Finance Committee's 'Tax Options' Paper Notes CUs

Summary: 
WASHINGTON (6/13/13, UPDATED 1:45 p.m. ET)—The release today of the Senate Finance Committee's "tax options" paper on exempt organizations—with the elimination of the credit union tax status written clearly in black and white as a reform option—should be a wake-up call for action by credit unions, Credit Union National Association President/CEO Bill Cheney said in immediate response to the paper's release.

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