Advocacy Update-Wrap Up of 2021
The past year saw many legislative victories for credit unions. Credit union advocates were prepared, ready and active throughout 2021 and made a big difference. Let’s look back on a few of the victories from 2021: In Nashville Interchange: The League teamed up with Bankers Association and card companies to defeat legislation for the second […]
Advocacy Update – December 2021
Happy December from the Advocacy team! In addition to our ongoing efforts, we are busy gearing up for the 2022 edition of the Tennessee General Assembly, to commence on Tuesday, January 11. We will be covering HB0375 [PDF], also known as the Interchange Bill. As introduced, the Bill requires that state and local taxes and […]
Advocacy Update – November 2021
A BIG Advocacy WIN on IRS Reporting Provision Thanks to your advocacy and consistent grassroots action, over 9,000 messages were sent to our Tennessee delegation letting them know that our credit unions opposed the IRS Reporting Provision! Nearly 800,000 messages were sent by credit union advocates nationwide. The IRS Reporting Provision would have required financial […]
Advocacy News: October 2021 Update
IRS Reporting Proposal It’s a busy stretch on the advocacy front this month. We are still closely tracking and advocating for the removal of the IRS reporting provision found in the reconciliation bill currently being negotiated and debated in Congress. While there are rumors about potential changes to the dollar amount threshold for reporting, we […]
CUNA Governmental Affairs Conference (GAC) Registration Is Now Open!
After two years, the time is here to go back to the CUNA Governmental Affairs Conference (GAC) 2022 IN PERSON! Our hotel block at the Washington Marriott Metro Center for our Tennessee Credit Union Advocates is now open. Rooms for this event will be first come first serve. All rooms will need to be reserved no later […]
CUNA Governmental Affairs Conference (GAC)
CUNA Governmental Affairs Conference (GAC), the credit union industry’s premier advocacy event returns to Washington, D.C., February 27 to March 3, 2022. Each year thousands of leaders from across the country come together to rally around a united cause — to tell legislators how their policies affect credit unions and their more than 120 […]
Tell Congress NO New IRS Reporting Requirement
In an effort aimed at increasing tax-payer compliance or closing the “tax gap”, the Biden Administration has proposed that financial institutions be required to report additional account holder information in an enhanced annual I.R.S. form 1099-INT. The proposal would require credit unions and other financial institutions to report to the Internal Revenue Service (IRS) how […]
Advocacy News: August 2021
Just because the Tennessee General Assembly is out of session doesn’t mean your league’s advocacy team took the summer off. We’ve been hard at work keeping in touch with legislators during their off-season, continually talking about issues that affect credit unions. This, of course, includes conversations on the proposed interchange legislation that we oppose. A […]
TCUL Advocacy Update – July 2021
First of all, THANK YOU to everyone who attended the Summer Advocacy Forum last week in Nashville. It was an incredible meeting, and we were so grateful to be able to gather in person once again with one another. Deb Sofield delivered a wonderful keynote on how to talk to your legislators – skills that […]
Are You a Credit Union Advocate? Join Us for Summer LegReg and DC Hike the Hill!
There are a few wonderful upcoming opportunities to be a credit union advocate! Join us to complete the “Be Active” star of the TriStar Advocacy Program! There’s Still Space for Summer LegReg! The Advocacy Forum features an outstanding list of speakers and you won’t want to miss this special summer event. Commissioner Greg Gonzales will […]