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On April 28, Governor Mills outlined her plan to gradually restart the state’s economy. The Governor’s plan establishes four phases for reopening, with the first…
House Passes $310B In Additional PPP Funds
The House passed a bill adding $310 billion to the Paycheck Protection Program (PPP). President Donald Trump is expected to sign the bill shortly.
Governor Mills Issues New Executive Order
On Tuesday, Governor Mills signed an Executive Order that modifies the FAME Consumer Loan Program created in response to the COVID-19 pandemic.
Statement by Treasury Secretary Mnuchin and SBA Administrator Carranza on the PPP and EIDL Programs
On Wednesday, U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza issued a statement regarding the Paycheck Protection Program and…
New Paycheck Protection Program Updates
On Wednesday, the U.S. Small Business Administration’s Maine district office provided updates on the Paycheck Protection Program.
Remote Notarization Order Will Help CUs During COVID-19
Governor Mills issued an Executive Order this week permitting remote notarization for most transactions, including estate planning and business transactions.
State and Federal Policymakers Continue to Address COVID-19
Federal Updates Late last week, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law, providing a third wave of action from the…
Governor Mills Issues New Restrictions on Non-Essential Businesses
On Tuesday, Governor Mills issued an Executive Order outlining new restrictions on non-essential businesses in Maine. Credit unions were explicitly named as an essential business…
Maine Legislature Passes Critical Legislation Before Adjournment
Before adjourning, the Maine Legislature earlier this week approved legislation to help the state respond to the coronavirus (COVID-19) outbreak.
ABA Asks Supreme Court to Void NCUA Field of Membership Rule
The American Bankers Association is asking the U.S. Supreme Court to rule that the NCUA’s expansion of its Field of Membership rule is illegal.
Celebrate Spring by Dressing Casual for CULAC
Jump into spring in style at your credit union by participating in a casual dress week for CULAC, March 16 – 20. We are in…
CU Day at the State House Postponed
The Legislature is not scheduled to be in session on March 23, the day the League was planning to hold Credit Union Day at the…
A Recap of the 2020 GAC
Another CUNA Governmental Affairs Conference (GAC) is officially in the history books! The annual event fostered four days of credit union networking, advocacy, and thoughtful…
That’s A Wrap: 2020 GAC Concludes
The 2020 GAC concluded on Wednesday after four days of networking, advocacy, and thoughtful discussion in our nation’s capital. A large delegation from Maine, led…
Social Security Modernizing Its Disability Program
Last week, the Social Security Administration announced it has modernized a decades old disability benefits rule to better reflect the realities of today’s modern workforce.
C-PACE Voted Favorably Out of Committee
The League’s Governmental Affairs team has been actively engaged on LD 1748, “An Act To Allow for the Establishment of Commercial Property Assessed Clean Energy…
Compromise Reached on Abandoned Property Bill
The League is pleased to announce the language drafted for LD 1963, “An Act To Preserve the Value of Abandoned Properties by Allowing Entry by…
GAC Webinar Will Highlight 2020 Advocacy Agenda
CUNA’s Governmental Affairs Conference is less than two weeks away! In advance of the annual event, attendees are invited to a webinar on February 18…
Evergreen CU’s Danielle Dulac to Crash 2020 GAC
The 2020 Governmental Affairs Conference (GAC) is a few weeks away and one lucky Mainer will be joining the delegation traveling to our nation’s capitol.…
Legislative Advocacy Update
The Maine Legislature is back in session and working through a large volume of bills. The League has been busy at the State House attending…
U.S. House to Consider CUNA-backed MDI and Cybersecurity Bills
CUNA wrote House leadership this week in support of the Expanding Opportunities for Minority Depository Institutions Act (H.R. 5315) and the Cybersecurity and Financial System…
Property Tax Relief Checks: What Your Credit Union Needs to Know
In 2019, a law was enacted to provide property tax relief to Mainers through the Property Tax Relief Fund. Some qualified taxpayers have already received…
Maine Legislature Returns to Work
When the first regular session of the 129th Legislature adjourned last June, it was the first to adjourn on time in several years. At the…
Business Mileage Rate for 2020
The Internal Revenue Service will not be raising the business mileage rate in 2020. The rate will remain at 58 cents per mile.
Dress Casual for the Holidays and Support CULAC
Show off your holiday spirit and your support for CULAC by participating in our last casual dress event of the year, happening December 23 –…