Advocacy News

IBA E-News 11-13-20 STATE GOVERNMENT RELATIONS Governor Issues New Executive Order On Wednesday, Gov. Eric Holcomb issued a new executive order in response to the growing number of COVID-19 cases in many Indiana counties. The order, effective Nov. 15, creates restrictions on gatherings based on county jurisdiction coupled with new infection metrics. The order is expected to remain in place for a minimum of one month.   View Executive Order Click for the county color code map (scroll down)   FEDERAL GOVERNMENT RELATIONS Regulators Exploring Relief for Banks Participating...
MORE

 
IBA E-News 11-6-20 STATE GOVERNMENT RELATIONS Indiana Election Recap While a few states around the country continue counting their remaining votes, we now have a complete picture of Indiana’s election results. The following is a summary on the outcome of statewide, congressional and Statehouse races from Tuesday’s election. Indiana Republicans had a successful evening, winning statewide, defending incumbents in Statehouse races and, in a surprising move, adding to their supermajority in the House. Indiana Governor Incumbent Gov. Eric Holcomb (R) cruised to an early victory, winning a second...
MORE

 
IBA E-News 10-30-20 FEDERAL GOVERNMENT RELATIONS Action Alert: Take Action on EIDL-PPP Conflict While Paycheck Protection Program lending has been the cornerstone of the U.S. economic recovery, many lenders and borrowers are bumping into an unexpected hindrance – the treatment of federal Economic Injury Disaster Loan advances. To address this growing conflict between EIDL advances and the PPP, we are urging bankers to use the IBA VoterVoice system to contact members of Congress. More than 1 million PPP borrowers are coming to the realization that the EIDL advances originated by the Small Business...
MORE

 
IBA E-News 10-23-20 FEDERAL GOVERNMENT RELATIONS Temporary Relief From Part 363 Audit/Reporting Requirements The Federal Deposit Insurance Corp. on Tuesday issued an interim final rule (IFR) providing temporary relief from certain Part 363 audit and reporting requirements for banks that have experienced growth due to their participation in the Paycheck Protection Program and other pandemic-related government programs. The FDIC’s IFR would allow IDIs that have experienced growth to determine whether they are subject to the requirements of Part 363 of the FDIC’s regulations for fiscal years ending in 2021...
MORE

 

Pages