Legislative Priorities

Arkansas

• Protect lienholder interests, including fraud.
• Guard against predatory lending practices, including forced auto financing.
• Oppose interchange legislation harmful to credit unions.
• Preserve the credit union tax exemption.
• Monitor legislation related to environmental, social, and governance (ESG).
• Monitor legislation related to artificial intelligence (AI).

Kansas

• Support credit union access to public funds/deposits.
• Oppose any tax bills that include anti-credit union language.
• Oppose any potentially destabilizing legislation to the credit union industry or the wider financial services industry in Kansas, including certain versions of legislation dealing with environmental, social, and governance (ESG), artificial intelligence (AI), gold/silver bullion, and digital currencies.

Missouri

• Support and assist with drafting legislation combatting fraud.
• Support and assist with drafting legislation addressing frivolous lawsuits against overdraft fees.
• Educate incoming freshman legislators on the credit union difference.

Oklahoma

• Protect lienholder interests in various areas, including the possessory lien process and insurance regulations that would require unreasonable timelines for remitted insurance proceeds to mortgage holders.
• Oppose any legislation to expand PACE loans to include residential property and not require the lienholder’s consent.
• In reaction to efforts by the Oklahoma tow truck industry to threaten lienholder interests, continue to pursue legislation designed to put the wrecker industry on the defensive.
• Defend against state-level attempts to adversely impact the products and services that credit unions provide to members.
• Defend against state-level attempts to expand interchange caps under the Durbin amendment.
• Promote artificial intelligence (AI) that enhances the ability of credit unions to provide services to our members.
• Protect against harmful interchange legislation at the state level and preserve our ability to invest in fraud protection and cybersecurity.
• Protect against harmful government lending mandates that would regulate how credit unions run their businesses.

Texas

• Defend against regulatory burdens on credit unions.
• Protect lienholder interests, including forced auto dealership financing concerns, tow truck notifications, and other applicable issues.
• Find solutions to data security challenges for credit unions.
• Defend the franchise tax exemption for credit unions.
• Maintain an independent regulator.
• Protect credit union interchange. 
• Seek opportunities to advance Community Development Financial Institutions (CDFIs) in Texas.
• Monitor legislation related to artificial intelligence (AI) to ensure that restrictive or onerous laws do not adversely impact credit unions.

• Defend the federal credit union tax exemption.
• Pursue measures to create national data security and privacy standards.
• Defend credit unions from onerous legislation/regulations that hinder their ability to serve members. 
• Protect credit unions from adverse impacts stemming from Section 1033/Open Banking rule and similar proposals.   
• Advocate for impactful CFPB reform.
• Defend against attempts to adversely impact or eliminate the products and services credit unions provide to their members.
• Oppose any expansion of interchange regulation/Durbin amendment.
• Seek opportunities to advance Community Development Financial Institutions (CDFIs) and ensure full funding for the CDFI Fund. 
• Monitor legislation related to artificial intelligence (AI) to ensure that restrictive or onerous laws do not adversely impact credit unions.