lobbying_activities: 2029344
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| id | filing_uuid | filing_type | registrant_name | registrant_id | client_name | filing_year | filing_period | issue_code | specific_issues | government_entities | income_amount | expense_amount | is_no_activity | is_termination | received_date |
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| 2029344 | c389dcae-215a-4a26-a66f-5616191878bc | Q3 | COMMUNITY BANKERS ASSOCIATION OF ILLINOIS | 400531588 | COMMUNITY BANKERS ASSOCIATION OF ILLINOIS | 2017 | third_quarter | SMB | Regulatory relief for community banks in the 115th Congress Tiered regulation and supervision for community banks as contained in the Independent Community Bankers of Americas (ICBA) Plan for Prosperity The ICBAs Plan for Prosperity contains the following issue areas and recommendations. Access to Capital Restore the original intent of the Basel III rule Create a more accurate identification of systemic risk Spur additional capital for small bank holding companies by modernizing the Federal Reserves policy statement Relieve community banks from excessive Securities and Exchange Commission rules Repeal the Collins Amendment for non-SIFIs Address minority bank capital challenges Regulatory Relief Balance consumer regulation through more accountable Consumer Financial Protection Bureau governance Eliminate arbitrary disparate impact fair lending lawsuits Ensure the viability of mutual banks through new charter and capital options Support rigorous cost-benefit analyses of all new rules to determine if they are justified and indeed needed Modernize the Bank Secrecy Act (BSA) Cut the red tape in small business lending by eliminating burdensome data collection Target the Volker Rule on a banks individual risk Preserve access to investment advice for middle-class savers Tax Relief Lower marginal rates needed for individuals, corporations and businesses Incentivize credit for low- and middle-income customers and American agriculture Modernize Subchapter S constraints Create limited liability corporation (LLC) option for community banks Repeal the estate tax Update the bank qualified (BQ) bond issuer limitation Support a five-year loss carryback that encourages lending during economic downturns Create a tax credit for Bank Secrecy Act (BSA) compliance costs Agriculture and Rural America Address arbitrary agricultural loan concentration limits Institute tax relief for rural lending (House, OCC, FDIC, CFPB) CBAI 2017 Federal Policy Priorities Regarding the implementation of regulatory initiatives - Special purpose fintech national bank charters by the OCC to financial technology companies Taxation of credit unions and their expansion of powers - Outdated original business model, straying from their founding mission, ignoring field of membership or common bond requirement, now provide the same financial services as community banks, expansionist agenda, cheerleader regulator - National Credit Union Administration, justification for federal tax-exempt status, blatant discrimination against tax-paying community banks, eliminate subsidies or pay fair share of income taxes. Enhanced data, cyber and payment card security (data security) - Wide-scale data security breaches at national retail chain stores and other entities, far-reaching and costly incidents resulting in reissuing credit and debit cards at a considerable cost. Community banks defense against cyber security threats, their role in securing data and personal information as a matter of good business practice and to comply with legal and regulatory requirements. Data security principals include the cost of data breaches borne by that party that caused the breach, all participants should be subject to verifiable Gramm-Leach-Bliley Act-like data security standards, a national data security breach and notification standard should replace the current patchwork of state laws, and any new data security standard proposals should ensure that community banks are not burdened with having to reassess existing critical systems, and implement and comply with new regulations. Community banks reliance on third party service providers (core data processors and subcontractors of technology service providers for example), broadening the regulatory supervision of these service providers to ensure they comply with nondisclosure and confidentiality requirements similar to existing requirements for community banks. (House, OCC, FDIC, CFPB) Legislation - H.R. 2133 - Commercial Lending Enhancement and Regulatory Relief Act of 2017 (CLEARR Act of 2017) - (regulatory relief) (All Sections) (House) S. 1002 - Commercial Lending Enhancement and Regulatory Relief Act of 2017 (CLEAR Relief Act of 2017) (regulatory relief) (All Sections) (Senate) Comment Letters - Comment Letter - CFPB - Request for Information Regarding Small Business Lending Market; Docket No. CFPB-2017-0011 Miscellaneous - Principals of Tax Relief and Reform (House, Senate, OCC, CFPB, FDIC) Support for Agricultural and Rural America (House, Senate, OCC, CFPB, FDIC) Principals of new multi-year Farm Bill (House letter) Expansionist Agenda of Credit Unions and the Farm Credit System (House, Senate, OCC, CFPB, FDIC) | Consumer Financial Protection Bureau (CFPB),Federal Deposit Insurance Corporation (FDIC),Federal Reserve System,HOUSE OF REPRESENTATIVES,Office of the Comptroller of the Currency (OCC),SENATE | 55000 | 0 | 0 | 2017-10-18T11:30:07.793000-04:00 |