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Legislators Hear Directly From Iowa Bankers

Media Center:Legislators Hear Directly From Iowa Bankers

Last Updated: 4/5/2021 10:12 AM

Legislators Hear Directly From Iowa Bankers

The Iowa Bankers Association held its virtual Bankers Day on the Hill this week in which bankers and legislators had the opportunity to meet and discuss issues impacting the banking industry.

The IBA kicked off the event with an overview of the banking industry, sharing with legislators the community impact banks make through their own initiatives as well as their participation in programs like the Paycheck Protection Program. The IBA’s government relations team also discussed the current legislative session, highlighting some of the IBA’s legislative priorities, including tax reform and how the America Rescue Plan passed by Congress will impact the Legislature’s efforts. They also noted several issues that will impact banks, including the governor’s priorities of broadband funding (HF 848) and housing (HF582), as well as financial institution tax equity, credit unions acquiring bank assets, electronic filing and the modernization of the Iowa banking code.

After the overview, attendees split off into breakout groups, based on region, to discuss issues impacting their banks directly with legislators in attendance. The IBA expresses thanks and appreciation to all who attended the virtual edition of Bankers Day on the Hill, and hopes to see everyone back in person for next year’s event, which is scheduled for March 29, 2022.

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