SACRAMENTO - (02/21/05) -- A proposal introduced in the stateAssembly last week would allow state chartered credit unions tooffer their members tax-exempt Health Savings Accounts, just likefederal credit unions. Health Savings Accounts are tax-exemptsavings accounts similar to Individual Retirement Accounts that areespecially earmarked for medical expenses. Federal law allowsCalifornia's 300 federally chartered credit unions to offer theaccounts.
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The embattled Long Island bank unveiled a turnaround plan that involves selling noncore assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.
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Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.
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