Topline Q1 2016

General information

Reviewed all 2,195 newly introduced legislative measures and identified 298 as having a potential impact on or of interest to the financial services industry. Continued to monitor 35 active measures carried over from 2015 (first half of Legislative Session). 

Provided detailed analysis of 51 measures to CBA policy committees and adopted positions on 44 measures to date.

Sponsored the introduction of three measures:

  • Assembly Bill 1784 (Dababneh) relative to school-based savings programs
  • Assembly Bill 2693 (Dababneh) relative to property assessed financing
  • Senate Bill 907 (Galgiani) relative to mortgage debt forgiveness

Successfully amended to our satisfaction a measure that prohibited ATMs fees related to EBT transactions.

Generated six issue briefs, including one discussing over-regulation of the banking industry.

Participated in 58 meetings with state legislators, state agency departments and the governor’s office.

Conducted 19 internal policy committee meetings.

Provided CBA member testimony on behalf of the industry at the Assembly Committee on Banking and Finance Informational Hearing regarding Financial Services for Marijuana-Related Businesses.

Planned and executed official first series of meetings for CBA’s new State Capitol Advocacy Leadership Program, conducting four regional advocacy meetings with 36 bankers representing  20 CBA member banks. Program attendees and CBA staff conducted 42 meetings with legislators and their staff at the State Capitol.

Conducted one state legislative grassroots meetings attended by CBA members.

Participated in 24 Sacramento fundraisers for members of the state Legislature.

Conducted 10 meetings with state legislative candidates.

In March, CBA members participated in the ABA’s Government Relations Summit in Washington, D.C. As part of the Summit program, our members conducted five meetings with members of California congressional delegation and their senior staff, including Rep. Maxine Waters, ranking member, House Committee on Financial Services, Rep. Ed Royce, senior member of the House Committee on Financial Services and Rep. Jared Huffman. Key legislative issued discussed included include tailored regulatory relief, bank examination reform and equal tax treatment for credit unions.

Raised more than $45,000 for the CBA Federal PAC by conducting live/silent auctions during Bank Presidents Seminar.

Raised $142,779 (75 percent of goal) for the CBA State PAC and $73,599 (68 percent of ABA goal) for the CBA Federal PAC.