TriStar Advocacy Report
Homestead Exemption Bill Hits a Snag We have a couple of big updates on the state-level advocacy front to report. First, our bill to increase the Homestead Exemption hit a massive snag as Legal Services filed it with the wrong caption. This essentially renders the bill inoperable because the bill would change sections of the […]
TriStar Advocacy Update – Early February, 2021
Things are starting to ramp up in Nashville at the General Assembly this month. Last Monday night, Governor Bill Lee gave his State of the State address to the legislative bodies, kicking off the main course of the legislative session. Of note in the speech was a proposal to spend $200 million on bringing broadband […]
Tri Star Advocacy Update – Late January 2021
This week at the Capitol is a relatively quiet one, with the legislature in a two week period of organizational recess in between the convening of the 112th General Assembly and the start of regular session. But the body did meet last week for a special session on education, called by Governor Bill Lee. In […]
Credit Unions Welcome New Legislators to the TN General Assembly
The Tennessee Credit Union League recently sent messages to all new members of the Tennessee legislature, welcoming them to their respective offices and promising to work with them for the good of credit unions and their members statewide. The message emphasized that credit unions are our nation’s financial first responders, always on the front lines […]
Amidst Calls to Expand CRA, Credit Unions Should Take Advantage of the Advancing TN Communities Site
It is no secret that our banking friends have, in addition to advocating for the elimination of credit unions’ tax-exempt status, longed to add credit unions to the Community Reinvestment Act. This is something we have fought from the Act’s inception, rightly arguing that credit unions do not need to be subject to the Act […]
What’s New in Governmental Affairs – August 13 Edition
Special Session Wraps Up The 111th General Assembly of Tennessee has concluded its extraordinary session this week with all three of the bills requested by Governor Lee passing both the House and the Senate. On the credit union front, the “Tennessee Covid-19 Recovery Act” was the only piece of legislation we were tracking. The bill […]
TCUL Holds Hike at Home in Place of Traditional Hike in DC
The times we’re living in may be a whole lot different from what we’re used to, but that doesn’t mean that advocacy stops. Right now, with so much happening on Capitol Hill, is one of the most important times to have credit union voices heard. And so instead of a planned summer Hike the Hill, […]
This Week (and Next Week) in Advocacy News
It’s been a busy last few weeks for Team Governmental Affairs. We opened July with the first of our three part advocacy webinar series entitled “Elections, Credit Union’s Role in them, and a 2020 Outlook,” which discussing the earliest portion of the legislative process– getting elected in the first place. Last week, we took things […]
It’s 2020 and It’s Time to Hike@Home!
Credit Unions have weathered an unprecedented few months. With COVID-19 still a threat and keeping safety as a priority, we are turning this year’s Hike the Hill into a Hike@Home! We won’t be able to get together in DC, but we can still let our voices be heard and let our Congressional Delegation know what […]
State Legislature Wrap Up – 2020
State Legislature Wrap Up – 2020 After closing to the public last weekend, the TN General Assembly will be finishing up Governor Lee’s revised budget and spending bills before taking a temporary adjournment due to the COVID-19 pandemic. While we don’t know officially how long the adjournment will last, most insiders believe it will be […]