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Weekly Update

 
 
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Update on the Build Back Better Plan and IRS Reporting Proposal

December 2, 2021 | Governmental Affairs

The U.S. House of Representatives voted out their version of President Biden’s Build Back Better plan before Thanksgiving. The bill is now in the Senate…

Governor Mills Expands COVID-19 Vaccine Booster Eligibility to All Maine Adults

November 17, 2021 | Governmental Affairs

Governor Janet Mills has announced that all Maine adults age 18 and older are eligible to receive a COVID-19 booster shot, regardless of underlying medical…

Vehicle Titling Issues & Infrastructure Update

November 10, 2021 | Governmental Affairs

The League’s Governmental Affairs team provides an update on titling concerns and delays, the newly formed Electronic Titling Working Group, and the federal infrastructure package…

OSHA Outlines Employer Vaccination and Testing Guidelines

November 4, 2021 | Governmental Affairs

In August, President Biden announced a vaccination mandate for private employers with more than 100 employees, but no details were provided at the time. Instead,…

You Can Apply for a Chance to Crash the GAC

November 3, 2021 | Governmental Affairs

CUNA’s Governmental Affairs Conference (GAC) is returning to DC next year. The credit union industry’s premier advocacy event is taking place February 27-March 3, 2022…

Uncertainty Looms Over IRS Reporting Proposal as Democrats Aim to Close Deal

October 28, 2021 | Governmental Affairs

To ensure credit unions are aware of the latest developments surrounding the proposed IRS reporting requirements, the League’s Governmental Affairs team provides a timely update…

Governor Mills Announces $139 Million in Investments to Support Small Businesses & Workers Through the Maine Jobs & Recovery Plan

October 20, 2021 | Governmental Affairs

Governor Janet Mills announced the Maine Jobs & Recovery Plan’s first investments in Maine people, small businesses, and workforce, including $20 million for a new…

Speaker Pelosi Announces Support for IRS Reporting Requirements Proposal

October 14, 2021 | Governmental Affairs

Earlier this week, Speaker of the House Nancy Pelosi (D-CA) announced her public support for the Biden Administration’s proposal to require financial institutions to report…

Updates from Augusta and DC

September 30, 2021 | Governmental Affairs

There has been a great deal of legislative activity in both the halls of the State House and in the U.S. Capitol. The League breaks…

Registration Is Open for the 2022 CUNA GAC

September 22, 2021 | Governmental Affairs

CUNA is holding its annual Governmental Affairs Conference (GAC) in-person in 2022 and registration is now open! You can join your credit union colleagues in…

Grassroots Advocacy Helps in Ongoing IRS Reporting Fight

September 16, 2021 | Governmental Affairs

The League has been closely monitoring a proposal before Congress that would require financial institutions to report deposits and withdrawals of all business and personal…

Advocacy Update: Proposed IRS Reporting Requirements

September 9, 2021 | Governmental Affairs

Last week, CUNA launched a “call to action” to members in advance of a House Ways and Means Committee meeting to consider a proposal that…

New IRS Reporting Requirements Being Considered by Congress

September 2, 2021 | Governmental Affairs

Earlier this week, CUNA launched a “call to action” to members in advance of a House Ways and Means Committee meeting to consider the proposal,…

Bipartisan Infrastructure Package and Potential CU Impact

August 12, 2021 | Governmental Affairs

Earlier this week, the U.S. Senate passed a bipartisan package that will make significant investments in our nation’s infrastructure over the course of the next…

Elise Baldacci to Return to Mills’ Administration

August 11, 2021 | Governmental Affairs

Elise Baldacci is returning to work with Governor Mills as her Deputy Chief of Staff. The move comes at the request of the Governor to…

NAFCU, CUNA Oppose Broader Fundraising Powers for NCUA

August 4, 2021 | Governmental Affairs

CUNA and NAFCU urged the Senate Banking Committee to reject NCUA’s request for broader authority to raise Share Insurance Fund premiums, saying the current rules…

League Convention Provides Unique Opportunity to Support CULAC

July 29, 2021 | Governmental Affairs

Are you looking for another great reason to attend the League’s Annual Convention on August 19? Besides the networking opportunities, fabulous speakers, and vendor exhibits,…

Durbin Amendment Expansion Would Undermine Payments Ecosystem

July 27, 2021 | Governmental Affairs

CUNA joined other organizations Monday to express strong opposition to any expansion of the Durbin Amendment, which caps interchange fees. The letter was sent to leaders of…

Legislature’s Adjournment Comes with Federal Funds and a Strong Veto Pen

July 22, 2021 | Governmental Affairs

The First Special Session of the 130th Maine Legislature officially adjourned on Monday and the League’s Governmental Affairs team provides a brief recap of the…

Court Rules Portland’s Hazard Pay Can Take Effect in January 2022

July 8, 2021 | Governmental Affairs

Maine’s Supreme Judicial Court issued an opinion this week relating to Portland’s minimum wage ordinance. The high court upheld a lower court decision approving the…

Maine’s COVID-19 State of Emergency Ends While the Legislature Concludes Its Business

July 1, 2021 | Governmental Affairs

The League’s Governmental Affairs team provides an update on this week’s legislative activity in Augusta and the conclusion of Maine’s COVID-19 State of Emergency declaration.

The Maine Legislature Works Toward Adjournment

June 17, 2021 | Governmental Affairs

The League is continuing to monitor all legislative activity during the final days of the Legislature’s session and is planning to provide a full review…

State House Reopens as Legislature Aims to Finish Session

June 3, 2021 | Governmental Affairs

The Maine Legislature returned to the State House this week to complete their legislative work. Legislative leaders have released a schedule that has the Legislature…

CU Employee and Member Safety Act Gets Bipartisan Senate Support

May 26, 2021 | Governmental Affairs

Senators Tina Smith and Ben Sasse introduced a bipartisan bill, the Credit Union Employee and Member Safety Act, which would update the process of expelling…

League Monitoring Bill to End At-will Employment

May 20, 2021 | Governmental Affairs

Because Maine’s credit unions face many of the same challenges as other employers in the state, the League carefully monitors for legislation that could impact…

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