One of the benefits of your credit union’s League membership is access to Advocacy in Action, which offers information about how we are advocating for credit union interests. You’ll receive this enewsletter regularly when the Indiana General Assembly is in session along with timely updates at other times during the year. Since it is a benefit for League affiliates, links are password-protected. If you have questions or comments about content, contact us at (800) 285-5300, or email SVP Governmental Affairs Chris Beaumont or League President John McKenzie .
Statehouse Update
Highlights: IMVHOF Memorial, ELT system, ag lending and UCCC
The 2018 session of the Indiana General Assembly is in full swing, and the League is actively engaged in many different issues impacting credit unions. This year’s short session will end on March 14, so things are off to a fast start. With nearly 800 bills filed and released so far, the League is already tracking 70 bills with several more likely to be added. Below is a link to more detailed information about many of our top priority bills.

As the session begins, we have been working on several issues:
  • On Jan. 9, Indiana’s credit unions were recognized by the House of Representatives for their efforts in planning, funding and building the Indiana Military Veterans Hall of Fame (IMVHOF) Memorial, as Rep. John Bartlett (D-Indianapolis) presented House Concurrent Resolution 8 commending the IMVHOF and its 2017 inductees and House Concurrent Resolution 9 commending Indiana’s credit unions for their efforts. Financial Center First CU President/CEO Kevin Ryan and League President John McKenzie were able to address the full House and accept the resolution.
  • On Jan. 10, the League and Purdue FCU President/CEO Bob Falk testified during a committee hearing in support of HB 1095 that would give the BMV the ability to create an Electronic Lien and Titling (ELT) system in Indiana. Falk, the League and other credit unions have been strongly encouraging the BMV to move toward ELT for several years now and Falk’s representative, Sally Siegrist (R-West Lafayette), introduced this important legislation this year. The committee passed the bill unanimously to the House floor.
Supporting HB 1095
Purdue FCU President/CEO Bob Falk testifies before the House Roads & Transportation Committee in support of HB 1095, authored by Rep. Sally Siegrist (seated), that would enable the BMV to create electronic titles for Indiana motor vehicles.
  • The League is actively working to stop SB 384, which emerged last week and could significantly harm agricultural lenders if passed. The bill, introduced by Senator Sue Glick (R-LaGrange), would create a new type of lien for agriculture supply providers as well as a process that could put a lender in the position of having to underwrite and guarantee an ag supplier’s extension of credit to a farmer. Last week, we met with Sen. Glick and with Sen. Randy Head (R-Logansport), who chairs the Civil Law Committee where the bill was assigned, urging them not to pursue the legislation. We will continue to work against SB 384.
  • As the session continues this week, we will be working to support bills that improve the Indiana Uniform Consumer Credit Code (UCCC), clarify confusion in the unclaimed property law related to automatically renewing CDs, and enable electronic and remote notarization. We’ll also be working to fix or stop a bill that would add a new $150 “blight fee” for any mortgage foreclosure filings.

Indiana Bills
We Follow
At the state-level, League staff annually reviews more than 1,000 introduced bills, identifying dozens each year that could impact both state-chartered and federal credit unions.

Click here to learn more about some of our top priority bills this session.