Oregon Legislative Update: Short Session Ends with a Flurry

After 33 days, the second short legislative session in Oregon’s history adjourned on March 7 with a flurry of mostly small, technical bills and minor budget adjustments. Several controversial measures were left on the table, but lawmakers did pass bills of interest to credit unions.

Oregon Legislative Update: Short Session Could Wrap Up This Week

Key issues remain on the agenda as the Oregon Legislature nears the end of a short session, but one bill of interest to credit unions — dealing with possessory liens — has already passed both the House and Senate.

Oregon Legislative Update: Possessory Liens, Prize-Linked Savings Bills Still Alive

Two major issues of interest to credit unions – possessory liens and prize-linked savings — are still alive as the Oregon Legislature enters its fourth week of a short session.

Oregon Lawmakers Prepare a Host of Bills for Upcoming Legislative Session

Gun control, marijuana and Cover Oregon were among the key issues on the agenda when Oregon lawmakers gathered in Salem last week for the third and final series of interim committee meetings leading to the Feb. 3 opening of a short legislative session.

Oregon Legislators Hear State Economic Report, Explore Policy Proposals as 2014 Session Nears

The Oregon Legislature’s interim legislative committees met in Salem in November to get updates on bills passed in 2013, check up on state agencies, and explore policy proposals – including a fix for unscrupulous mechanic’s liens — for the 2014 session that starts in February.

Compliance Question of the Week

If we have shares securing a debt, do we have to send them to the IRS if we receive a tax lien?

Washington Legislative Week in Review: Legislature Works Quickly as March 13 Cutoff Nears

Companion bills in the Washington State Legislature sponsored by the NWCUA have each been scheduled for committee hearings on March 14 after both passed out of their house of origin by unanimous votes in advance of tomorrow’s deadline.

Appraisals: A Tale of Two CFPB Proposals

The CFPB has issued two rulemaking proposals regarding appraisals, both of which come as a product of the Dodd-Frank Act.

Regulators Release Guidance on Junior Lien Loss Allowances

The four federal financial regulatory agencies issued supervisory guidance on certain ALLL estimation practices. It addresses the responsibilities of financial institution management and examiners and builds on existing supervisory guidance.