Governor Nixon Calls Special Elections for Open House Seats
The big news coming out of Jefferson City this week was Governor Jay Nixon's (D) call for a special election for August 5 to fill vacant House districts 67, 120 and 151. The presumption around the Capitol is House districts 120 and 151 will go to Republicans, and district 67 to a Democrat.
Most years this wouldn’t mean much. However, the Republicans are currently two votes shy of a supermajority. If the initial projections hold true Republicans would have a veto-override supermajority during September’s veto session.
The Governor’s action left many insiders scratching their heads, and one exclaiming “what is Nixon thinking!?” With a Republican supermajority, any bill Governor Nixon vetoes can be effectively overridden in the House of Representatives by a simple party-line vote. For a fully successful override, however, the House would still need the support of the Senate - which by the way currently has a veto-proof Republican supermajority.
MCUA Advocacy Featured in CUNA News Now
The Missouri Credit Union Association's (MCUA) advocacy efforts were featured in an article by the Credit Union National Association (CUNA) published February 3. Amy McLard, senior vice president of advocacy, and David Kent, director of state legislative affairs, provided insight into issues MCUA is addressing on both the state and national level.
Click here to read the full article.
Representative Gina Mitten Uses Credit Union House for Event
Representative Gina Mitten (D-District 83) held a fundraiser at Missouri Credit Union Association’s Jefferson City office on February 5. A good turnout of attendees included Minority Floor Leader Jacob Hummel (D-District 81), Minority Whip John Rizzo (D-District 19) and 2012 Credit Union Champion Jon Carpenter (D-District 15), among others.
Representative Mitten is a member of the House Financial Institutions Committee and was recently voted Minority Caucus Vice Chair by her Democratic colleagues in the House.
For the full story please click here.
Photo: David Kent & Rep. Mitten
Key Committee Updates
The Senate Financial Institutions Committee heard SB 694 on February 3. It was voted out of committee on February 6 by a 7-2 vote. SB 694 modifies the laws relating to payday loans. Senators Scott Sifton (D-District 1) and Paul LeVota (D-District 11) opposed the bill as written, but assured the bill sponsor Senator Mike Cunningham (R-District 33) they would work together to come to a compromise.
Although SB 694 does not affect credit unions at this time, MCUA Advocacy is closely monitoring the bill for any potential amendments that may have an impact on credit unions.
Bills You Want to Know About
Click here for an overview of the bills with potential impact to credit unions. MCUA provides this information each week, and it is updated regularly as more bills are introduced and tracked.
Financial “Tip of the Week” – Find Your Financial Soulmate
During the 2014 legislative session, MCUA is providing lawmakers with a financial “Tip of the Week” to share with their constituents. On February 6, MCUA provided tips to help consumers “find their financial soulmate”. Read the full tip here.
If you have any specific examples to share with legislators on this topic, 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.