Advocacy News

IBA E-News 9-4-20 FEDERAL GOVERNMENT RELATIONS Register for ABA Virtual Washington Fly-In: Midwest Region While the IBA’s Virtual Washington Trip concluded this week, the need for grassroots advocacy continues on as bankers work to ensure the best possible environment for our customers and communities that are navigating the COVID-19 pandemic. Join with fellow bankers and industry leaders from across the Midwest for a virtual meeting with agency leadership. In partnership with state bankers associations, the ABA is hosting a Washington Fly-in to ensure policies crucial to the banking industry remain...
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IBA COVID-19 Updates 9-1-20 COVID-19 UPDATES Register for ABA Virtual Washington Fly-In: Midwest Region While the IBA’s Virtual Washington Trip reaches its conclusion this week, the need for grassroots advocacy continues on as bankers work to ensure the best possible environment for our customers and communities that are navigating the COVID-19 pandemic. Join with fellow bankers and industry leaders from across the Midwest for a virtual meeting with agency leadership. In partnership with state bankers associations, the ABA is hosting a Washington Fly-in to ensure policies crucial to the banking industry remain...
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IBA E-News 8-28-20 STATE GOVERNMENT RELATIONS Holcomb Continues Face Covering Executive Order Gov. Holcomb announced on Wednesday that he is extending Executive Order 20-37 for face coverings to Sept. 25. Additionally, he announced that Indiana is to remain in Stage 4.5 of the Back on Track plan through Sept. 25. Indiana has been in Stage 4.5 of the reopening plan since July 3 and has had a statewide face covering requirement since July 27.  Read the executive order Read more about Stage 4.5   FEDERAL GOVERNMENT RELATIONS FHFA Delays GSE Refi Fee to Dec. 1 The Federal...
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IBA COVID-19 Updates 8-25-20 COVID-19 UPDATES SBA Rule Addresses PPP Forgiveness Questions for Biz Owners, Non-Payroll Costs The Small Business Administration yesterday issued an interim final rule addressing certain technical issues of Paycheck Protection Program loan forgiveness related to business owners and certain non-payroll costs. SBA revised the PPP’s owner-employee compensation rule addressing the amount eligible for forgiveness to exempt employees who own less than 5% of a C-corp or S-corp borrower, determining that owner-employees at this threshold cannot meaningfully influence decisions about the use of...
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