Nixon Delivers State of the State Address
Governor Jay Nixon's (D) State of the State address on January 21 has dominated discussions in Jefferson City. During his address on Tuesday evening, the Governor outlined his legislative priorities for the year. Those include more education funding, Medicated expansion, anti-discrimination protections for LGBT Missourians, and tax credit reforms. Governor Nixon also presented his budget for fiscal year 2015.
House Speaker Tim Jones (R-District 110) delivered the Republican’s official response. The Speaker reiterated the agenda he rolled out in his opening day speech, including tax reform and right-to-work legislation. The Speaker also criticized Governor Nixon’s budget, remarking his revenue increase estimate is about $310 million more than the estimates agreed on by the House and Senate.
Key Committees Update
Members of the House Financial Institutions Committee met on Wednesday, January 22. The following bill of interest was discussed:
The Senate Financial Institutions Committee is scheduled to meet for the first time on Monday, January 27. The committee is not expected to hear any bills dealing with credit union issues.
Bills You Want to Know About
Click here for an overview of the bills with potential impact to credit unions. MCUA will provide this information each week. It will be updated regularly as more bills are introduced and tracked.
Financial “Tip of the Week” - Who Pays for Retail Data Breaches?
During the 2014 legislative session, MCUA will provide lawmakers a financial “Tip of the Week” to share with their constituents. On January 23, MCUA provided consumer tips to better understand retail data breaches and how it impacts financial institutions. Read the full tip here.
The week prior, MCUA provided timely tips to help lawmakers and their constituents protect themselves against retail data breaches. Read the full tip here.
If you have any specific examples to share with legislators on either of these topics, please contact Amy McLard or David Kent and we will be happy to help you get that information in to the hands of the right lawmakers. MCUA advocacy also welcomes suggestions for timely financial education/news topics with a consumer focus to share with lawmakers.