Call to Action

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CECL Implementation Survey

02/26/2019
The ABA is surveying banks industry wide regarding the impact CECL implementation will have on your bank.

Government Relation News

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Bank Franchise Tax Repeal Passes House and Senate!!

03/14/2019
The House and the Senate approved, each by a very large margin, the repeal of the Bank Franchise Tax which was added to HB354 during conference

Bank Tax Repeal Details

03/14/2019
The bill, in total, is 233 pages long--most of which does not impact us at all. But, we have to pour through each page to make sure nothing is missed. This is a work in progress and we do not expect a general summary until next week!

One More Thing...

03/14/2019
I was so excited to tell you about our success last night that I forgot to mention the MVPs--John Cooper and Matt Vance.

Legislative Update

03/13/2019
The House and Senate have included a fix for the Bank Franchise Tax in their conference report.

Legislative Update

03/07/2019
I’ve always wondered what the phrase “waiting with bated breath” meant, so I looked it up.

Kentucky Bank Franchise Tax HB 354

02/22/2019
HB 354, the general tax package, was voted out of the House yesterday without any language addressing our bank tax imbalance. The magnitude of the bank tax issue was underscored by the number of calls that began pouring into the KBA office on Thursday from bankers whose legislators were pointing out that the language wasn’t in the bill.

Remote and Electronic Notary Legislation

10/26/2018
I have heard from some of our members that they are receiving calls from closing attorneys and/or title agents voicing concerns about work that a legislative task force (of which KBA is a member) is doing on remote notaries.