Senate chairman introduces ‘skinny’ defense bill that deletes bank proposal

This new measure rips out any reference to allowing banks to receive rent-free status on military bases to help lawmakers move forward on the defense bill.

The chairman of the Senate Armed Services Committee has introduced a “skinny” version of the annual defense authorization bill; that measure does not include a contentious plan to provide banks with the same rent benefits that credit unions now receive on military bases.

In introducing the bill this week, Sen. James Inhofe (R-Ok.) said he wants to guarantee that Congress enacts the annual defense bill, as it has for the past 58 years.

He said he introduced the “skinny” bill that strips away contentious policy issues in case House and Senate conferees cannot reach agreement on the larger bill.

The new bill is just 68 pages long; the annual defense measure the Senate passed is almost 2,000 pages.

 

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