Hello Board Members, Managers & Friends
Great news on the Coop news front!
On March 22nd, 2010 the State Senate passed its proposed budget and the Senate's version of the budget DID NOT include the much maligned recording tax on Coop loans.
As you are aware, the Federation was extremely aggressive and active in its opposition to this exorbitant tax on Coop loans.
On March 12th, 2010 members of the Federation met with State Senator Stavisky, who is on the Senate Finance Committee. Clearly, our voice was heard and we are appreciative of State Senator Stavisky's opposition to this Coop tax and all the help she provided in stopping this measure.