Elder Financial Abuse Testimony - 1/30/12

HB 2190 - Requires financial institutions to report suspected cases of elder financial abuse to law enforcement.

HB 2192 - Creates crime of financial exploitation of a dependent elder.

Testimony on Foreclosure Bills - 1/25 Hearing

HB1875 - Mortgage Foreclosure Task Force Bill

HB2018 - Amends unfair & deceptive acts or practice provisions in Act 48.

HB2019 - Deficiency judgments in short sales / foreclosures.

HB2020 - Repeals Chapter 667, Part I.

Bills Update

House Bills.

Senate Bills.

Bills, Bills, Bills

With the start of the 2012 Legislative Session comes a new crop of bills potentially affecting credit unions.

To view House Bills tracked, click here.

To view Senate Bills tracked, click here.

Kaua`i Cost Control Commission

On November 14, the Kauai County Cost Control Commission held a public meeting, where they discussed the credit union real property tax exemption. Many credit union staff members showed up to present testimony on this important matter. 23 pieces of testimony were received by the Commission.

This discussion remains ongoing.

Read HCUL's testimony here.

Oahu Real Property Tax Advisory Commission - Testimony Needed

The Real Property Tax Advisory Commission (RPTAC), established by the Honolulu City Council, was formed to evaluate and provide a report on the current City & County of Honolulu real property tax exemptions allowed by law. Although verbal comments are not allowed at the public meetings, written testimony is allowed. Click here to read the testimony of your League, representing all Hawaii credit unions.

Please take the time to submit your own credit union story before the next RPTAC meeting, which is scheduled for Monday, October 24. Please focus on the good things your credit union, as well as credit unions statewide, are doing to further the credit union philosophy of “people helping people,” and the important role credit unions have to play in this time of economic crisis. Testimony can be emailed to cclbc@honolulu.gov, or faxed to 768-1364.

International Credit Union Day Proclamation Signing

L to R: Robin Kim - Hawaii Schools FCU, Jacob Ng - NAVFAC FCU, Mayor Peter Carlisle, Stefanie Sakamoto - HCUL, Drake Tanabe - Hawaii Central FCU.