Legislative Advocacy

DC Update


The week of June 20, several members of your IBAT Leadership team and staff were back in Washington DC working on a myriad of issues affecting community banks.  The week ended on a very positive note…the House of Representatives passed much needed patent reform legislation that will help curb “patent troll” class action lawsuits that have plagued our industry for some time.  Once the bill is reconciled with the previously passed Senate bill, it will be sent to President Obama to sign into law.

Fed Sets Interchange Rates


The Federal Reserve Board has just concluded their open meeting to receive and consider the final rule to establish interchange rates.  Staff recommendations were constructed after consideration of more than 11,000 comments submitted by financial institutions, industry trade groups including IBAT, card networks, retail establishments and consumers.

IBAT 2011 Legislative White Paper

With the conclusion of Governor Rick Perry’s veto period for bills passed in the 82nd Regular Session of the Texas Legislature, IBAT has released its Legislative White Paper, The 2011 Legislative Session: Money, Marbles and Chalk.

Over the past two years, much of the community banking industry’s attention has been focused on the sweeping financial reform at the Federal level.  The Texas Legislative, however, has been hard at work on a variety of issues that carry some impact for the industry, including:

Brother, Can You Spare $5000?


Sure can, if your name is the lucky one drawn in the Dream Vacation drawing during the IBAT PAC Auction on Monday, October 3.  Happy State Bank conducted a separate event for all of their employees who purchased Dream Vacation tickets.  Gary Wells and Meredith Long drew the name of Trish Baker of the Higgins Branch who received 2 movie tickets and 1/2 day off.  Get your tickets in today!

2011 White Paper


With the conclusion of Governor Rick Perry’s veto period for bills
passed in the 82nd Regular Session of the Texas Legislature, IBAT has
released its Legislative White Paper, The 2011 Legislative Session:
Money, Marbles and Chalk
.

Over the past two years, much of the community banking industry’s
attention has been focused on the sweeping financial reform at the
Federal level.  The Texas Legislative, however, has been hard at work on
a variety of issues that carry some impact for the industry, including:

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