Northwest Agriculture Conference Three Rivers Convention Center May - PowerPoint PPT Presentation

Northwest Agriculture Conference Three Rivers Convention Center May 8-9, 2018 NW Legislative and Political Update Glen Simecek, President & CEO, Washington Bankers Association, Seattle, WA Trent House, WBA Lobbyist, Olympia, WA

2018 LEGISLATIVE SESSION REVISITED One Party Control for the first time in 6 years  Governors Office  House of Representatives (D 50 / R 48)  State Senate (D 25 / Major Coalition Caucus - MCC 24) Unfinished Business from 2017  HirstWater Decision  Capital Budget  McCleary Funding

2018 LEGISLATIVE SESSION REVISITED Policy Matters for WBA Taxes  Municipal Deposits / Credit Unions  Capital Gains  Jordan v Nationstar “fix”  Carbon  B&O tax reform  State Bank / Public Depository General Business Issues  Non-Competes  Personal Data Collection  Appraisal Management Services

2018 ELECTION OVERVIEW Who’s Running  98 State House  25 seats in the State Senate Who’s Not Running  14 incumbents have announced they are not running for re-election  9 Republicans / 5 Democrats  Notable retirements:  Senators Nelson and Baumgartner  Representatives Kristiansen and Clibborn

2018 WBA CANDIDATE ENDORSEMENT PROCESS Ways to Participate in the Process  Member approved candidate endorsement process  Contribute to the WashBankPAC  Participate with WBA Lobbyist as they deliver WBA Contributions  Individual, member-hosted, fundraising opportunities

2018 INTERIM POLICY DEVELOPMENT Policy Issues  State Bank/Public Depository study  Public Deposit Protection Commission (PDPC)  DFI Title 32 Stakeholder Process – Mutual Charter Update Emerging Issues  Credit Union Initiatives  “Fixing” municipal deposits  Supplemental Capital  Seattle head-tax  Seattle Municipal Bank  Appraisal Management Fees