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The League testified in support of LD 645, “Resolve, To Create an Electronic Titling Work Group,” sponsored by Representative Bruce White (D-Waterville). Secretary of State…
Maine’s Legislative Session Picks Up Steam
March continues to be a busy month for the League’s Governmental Affairs team. Testifying in support of bills, monitoring legislative activity on the supplemental budget,…
The Virtual GAC 2021 Comes to a Close
CUNA’s annual Governmental Affairs Conference (GAC) was held virtually this week. As part of this year’s event, Maine’s GAC attendees heard from national speakers, our…
State Senate Confirms Two Important Nominations
The Maine Senate has confirmed the nominations of Lloyd P. LaFountain III for Superintendent of the Bureau of Financial Institutions and Renee Ouellette to the…
League Secures First Significant Legislative Victory of 2021
The League provided testimony in opposition to LD 300, An Act Regarding Early Closures by Financial Institutions, at a hearing before the Joint Standing Committee…
GAC Takes Place Next Week
CUNA’s annual Governmental Affairs Conference (GAC) is happening next week. The virtual program will feature influential guest speakers like former New Jersey Governor Chris Christie,…
The Honorable William Cohen to Address League at GAC
The League is pleased to announce that former U.S. Secretary of Defense and U.S. Senator William Cohen will be a featured guest speaker during the…
League Advocates for CUs in Vaccine Rollout
The League has sent a letter to Maine Department of Health and Human Services Commissioner Jeanne Lambrew advocating that credit union employees be included in…
Mills Administration Proposes Compromise PPP Tax Solution Providing Full State Tax Relief to Maine Small Businesses Most In Need
The Mills Administration offered a solution to the Paycheck Protection Program (PPP) tax conformity issue that would extend full state tax relief to more than…
GAC Gets Underway in Less than One Month
The CUNA 2021 Governmental Affairs Conference (GAC) is taking place March 2 and 3. The event will be completely virtual. The online format will allow…
Taxing PPP Loans
Will the state conform with federal tax codes related to the Paycheck Protection Program (PPP)? That’s the question being asked by many in Augusta this…
Don’t Miss Your Chance to Crash the GAC
Don’t miss your chance to Crash the GAC, CUNA’s premier Governmental Affairs Conference. To apply for a scholarship to attend the event at no cost,…
CUNA Sends Recommendations to Incoming Biden Administration
CUNA wrote to the Biden transition team with recommendations for continued actions from the NCUA and the Consumer Financial Protection Bureau, as well as suggestions…
New Round of PPP Funding Underway
The Small Business Administration’s Paycheck Protection Program reopened on Monday. For those credit unions offering these loans, the SBA has issued guidance to help financial…
IRS Reduces Standard Mileage Rates for 2021
The Internal Revenue Service has issued its 2021 optional standard mileage rates. The new rate is down 1.5 cents from the rate established for 2020.
Maine’s New Earned Paid Leave Law
Maine’s new Earned Paid Leave law is now in effect for any employer with more than 11 employees for more than 120 days of the…
Legislative Activity Underway in Augusta & Washington, DC
With the start of the New Year, your League’s Governmental Affairs team is beginning to engage with both the new Maine Legislature and congressional delegation.
The 130th Legislature Sworn-In & Constitutional Officers Elected
The League’s Governmental Affairs team provides a timely update on the newly sworn-in Legislature and constitutional officers.
Governor Mills Launches Grant Program to Support Maine Tourism, Hospitality, and Retail Small Businesses
On Monday, Governor Mills announced an economic recovery grant program to support Maine’s tourism, hospitality, and retail small businesses.
Maine Legislature Elects New Leaders
Even though they won’t be officially sworn into office until December 2, the incoming legislators of the 130th Legislature already have begun their work. They have…
Pot Banking Could Get New Life on Toomey-Led Senate Panel
Senator Pat Toomey is expected to chair the Senate Banking Committee if his party maintains control, giving the industry new hope that Congress will enable…
What CUs Can Expect Under President-Elect Biden
In this CUInsight article, Dan Berger, President and CEO of the National Association of Federally-Insured Credit Unions, offers his thoughts on what credit union policy…
New Executive Order Tightens Face Mask Requirements; Limits Gatherings
Earlier this week, Governor Mills signed a new Executive Order requiring that face masks be worn, regardless of the ability to socially distance in all…
League Endorsed Candidates Win Elections
The League’s Board of Directors endorsed 117 candidates during this election cycle. Following Tuesday’s election, the League achieved a 92% success rate with our endorsements.
NCUA Fee Proposal Would Provide Greater Certainty
CUNA expressed its support for the proposed exclusion of Paycheck Protection Program (PPP) loans from a federal credit union’s total assets for purposes of calculating…