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

Municipal Deposits / Credit Unions Jordan v Nationstar “fix” State Bank / Public Depository

General Business Issues

Non-Competes Personal Data Collection Appraisal Management Services

Taxes

Capital Gains Carbon B&O tax reform

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