Hoosier Banker 29 to include projects that lenders would otherwise finance. SB 261 was defeated in committee. Our industry also expressed concern over the unintended consequences of legislation aimed at credit reporting agencies related to rectifying synthetic identity theft. We opposed the expansion of a new state revolving loan fund focused on housing to include direct loans to developers and for the scope to be broader than infrastructure. We also pushed back against an attempt to allow the Public Deposit Insurance Fund to purchase Indiana Bond Bank debt that would have encumbered the funds for up to 25 years. We fought an attempt by the Indiana Finance Authority to remove the Indiana General Assembly from oversight when creating new state revolving loan funds. And we saw the introduction of a new commercial PACE bill after not having PACE legislation filed in Indiana over the past several years. While these issues did not pass this year, they provide insight into the interests and concerns of lawmakers. Today’s dead bill could be next session’s major issues facing the industry. Overall, it was another very successful session for the industry. The IBA extends special thanks to the many legislators and bankers who worked toward satisfactory outcomes on issues of concern to the banking industry. The effort and engagement put forward by so many will ensure that Indiana continues to be a state in which financial institutions can serve their customers well and positively impact Indiana communities and the broader economy. HB Explore how to budget for outsourcing on BSA or consumer compliance issues That’s Reviews Alliance. info@bankersalliance.org or (833) 683-0701. Holding Company of Compliance Alliance and Review Alliance Support your CMS program with needs-based outsourcing. Scan our QR code to view B/A’s services & programs. TAKING IT EASY Karla Watson retired from Logansport Savings Bank as loan processor effective May 31. In her 47 years of banking experience, she also served as teller, head teller, bookkeeper, office manager and customer service representative in new accounts. Watson is a chamber ambassador and member of the Indiana Bankers Association 40 Year Club. HB
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