-
The Office of the Comptroller of the Currency and 10 former officials filed amicus briefs that provide legal heft to banks battling the state of Illinois over a law that removes sales taxes and tips from interchange fees.
March 18
-
In a major setback for banks and credit card networks, a federal judge upheld an Illinois law that bans the collection of interchange fees on sales tax and tip portions of card transactions. Banks are expected to appeal the ruling.
February 11
-
A special committee in the state Senate has recommended not to move forward on a proposed bill to tax credit unions above a certain asset threshold.
October 30
-
One bill would tax credit unions in the Sunflower State with at least $100 million in assets.
October 8
-
State law bars credit unions from accepting deposits from cities, counties and other government entities. Florida banks say it should stay that way unless tax advantages for credit unions are removed, but credit unions counter that banks are trying to stifle competition.
March 22
