February 9, 2018

In this Issue:​

·  ICUL Legislative Conference a Success

·  Grassroots Assistance to Tax Committee Needed

·  Legislation of Interest to Credit Unions

·  Register for Capitol Hill Days

·  Federal Update

ICUL Legislative Conference a Success

Nearly 130 Iowa credit union leaders arrived in Des Moines on Tuesday, ready to advocate for their credit union.  The attendees were greeted by Governor Reynolds, who discussed her priorities for this session.  When asked about her tax reform proposal, the Governor made clear that her bill will not change credit unions' tax structure.  If you have a Twitter account, please consider a simple tweet to the Governor that includes her twitter handle-perhaps something like:  "Thanks, @IAGovernor, for not raising taxes on credit unions in your bill."

The Governor was followed by Iowa Department of Management Director, David Roederer, who provide an informative overview of the state's economy and budget, often interjected with humor.  The last speaker, Jim Messina, was President Obama's Campaign Manager in 2012.  Jim described some of the strategy behind the re-election effort and stressed the importance of grassroots, regardless of political party, in today's legislative battles.  Attendees spent the afternoon at the statehouse, visiting with legislators, and asking for their opposition to the bankers' tax on credit unions.  To see photos from the event, click HERE.

Please Contact Iowa Legislature's Tax Committee Members

Thanks to credit unions who are engaging your membership and any of you who have contacted your lawmaker!  There have been nearly 8,700 credit union members that have sent over 16,000 emails to their state lawmaker in the past month.  We need to keep up the outreach!

The Ways and Means Committee members are particularly important to defeating the bankers’ tax hike.  Below is a list of those lawmakers, with their city of residence in parenthesis.  If one of these is your legislator-or if your credit union has a branch in that area-please click on their name and send a short, personalized note, asking them to oppose any bank efforts to raise our taxes.

Iowa Senate Ways and Means Committee Members

Randy Feenstra (R-Hull/LeMars), Chair 

William A. Dotzler Jr. (D-Waterloo)

Jerry Behn (R-Boone)

Jeff Edler (R-Marshalltown)

Pam Jochum (D-Dubuque)

Robert Hogg (D-Cedar Rapids)

Joe Bolkcom (D-Iowa City)

Matt McCoy (D-Des Moines)

Michael Breitbach (R-Strawberry Point)

Herman C. Quirmbach (D-Ames)

Waylon Brown (R-Charles City)

Jason Schultz (R-Denison)

Jim Carlin (R-Sioux City)

Roby Smith (R-Davenport)

Dan Dawson (R-Council Bluffs)


Iowa House Ways and Means Committee Members

Guy Vander Linden (R-Oskaloosa/Pella), Chair

Jerry A. Kearns (D-Des Moines)

Jane Bloomingdale (R-Osage)

Monica Kurth (D-Davenport)

Dave Jacoby (D-Coralville)

Dave Maxwell (R-Grinnell)

Chip Baltimore (R-Boone)

Charlie McConkey (D-Council Bluffs)

Liz Bennett (D-Cedar Rapids)

Gary Mohr (R-Davenport)

Michael Bergan (R-Decorah)

Zach Nunn (R-Altoona)

Peter Cownie (R-West Des Moines)

Dawn E. Pettengill (R-Vinton)

John Forbes (D-Urbandale)

Todd Prichard (D-Charles City)

Mary Gaskill (D-Ottumwa)

Ken Rizer (R-Cedar Rapids)

Lee Hein (R-Monticello)

David Sieck (R-Red Oak)

Steven Holt (R-Denison) 

Matt W. Windschitl (R-Ida Grove)

Charles Isenhart (D-Dubuque)

Mary Lynn Wolfe (D-Clinton)

Bobby Kaufmann (R-Tipton)

Legislation of Interest to Credit Unions

It was a slow week relative to new bills of interest to credit unions-below is one bill of interest from this week.  As a reminder, next week will be the last week where a significant number of new bills will be introduced-as the first funnel is a week from today.  All bills (except tax and spending bills) need to pass out of committee by February 16, or they are dead for the session.  At any time, you can view the entire list of bills being tracked by ICUL’s lobby team by going HERE and clicking on the "State Legislation" link near the top.

  • Senate File 2215/House File 2286: This bill prohibits cities and counties from restricting a person’s ability to refinance, sell, or transfer title to property. Under the bill, a city or county cannot restrict the ability of an owner to transfer title to property by requiring that owner to show compliance with any action with respect to a property or pay any fee within a certain period of time after transferring title to the property.

Register for Capitol Hill Days

In addition to next week’s hill visit during the Legislative and Regulatory Issues Conference, we will again have two hill visits during the legislative session. The importance of these visits to our advocacy efforts can’t be overstated, as lawmakers want to hear directly from constituents. This year, the dates are:

  • Wednesday, March 7.
  • Wednesday, April 4.

The start time is 11:30 a.m. A lunch and a legislative briefing will take place at the State Historical Society of Iowa, 600 East Locust, Des Moines, followed by our walk to the statehouse. Free parking is available in a ramp across from the Historical Society. Generally, the hill visits are wrapped up around 3-3:30 p.m.  Please RSVP at least two weeks prior to the event in order for us to prepare lunch and materials accordingly-click HERE to register.

Federal Update from CUNA

Last week, Senate Finance Chairman Orrin Hatch (R-UT) wrote to the NCUA asking a number of questions about credit unions and whether they are evolving beyond their original purpose.  While CUNA respects the oversight role of the Senate Finance Committee, we disagree with the Senator's position and will continue to promote the credit union difference on Capitol Hill. CUNA and the Utah Credit Union League have been in contact with Hatch's Committee and personal office staff reinforcing these messages and to get a better understanding of the Senator's interest and concerns.

Additionally, CUNA has developed a response to the Chairman's letter-click HERE to read. CUNA will continue to advocate on behalf of America's credit unions and their 110 million members to ensure Congress commits to preserving the credit union tax status.

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