August 6, 2024

ICBA shares community bank perspective on 2025 tax legislation with members of the Main Street Tax Team

ICBA sent a letter outlining community bank priorities as members of Congress craft priorities for tax legislation in 2025.

ICBA’s recommendations, developed with the input of community bankers across the country, include permanently extending key provisions of the Tax Cuts and Jobs Act; maintaining a low corporate rate; enacting the Access to Credit for Our Rural Economy (ACRE) Act; and reviewing credit union tax exemptions.