by Chesney Garnos, Director of Political & Grassroots Affairs
South Dakota Legislative Update
The fourth week of the South Dakota Legislative Session in Pierre is underway, with nearly 400 bills already filed. January 29th marks the deadline for submitting bill drafts to the Legislative Research Council, and January 31st is the final day for introducing individual bills and resolutions. Keep an eye on the SDLRC website for any new submissions in the coming days. More industry-related bills have come to our attention this week. For updates on these bills, please visit our website tracker to stay informed about legislation that could impact our credit unions. If you have any questions about the legislation or would like us to track additional bills, please reach out!
South Dakota Credit Union Legislative Day Recap
Last week, about 25 credit union leaders from across South Dakota convened in Pierre for our Credit Union Legislative Day! The day began with advocacy efforts, as we served donuts and coffee to our legislators in the Presidents’ and Speakers’ Lobbies. This provided an opportunity for members of our DakCU team and two SD GAC board members, Joey Rotert (Black Hills FCU) and Jaymason Bramblee (Oahe FCU), to discuss the unique aspects and mission of credit unions with state legislators. In the afternoon, the SD GAC started with a board meeting to discuss various legislative proposals for this year. You can always check the status of the legislation we're monitoring by visiting DakCU.org, navigating to Advocacy -> Grassroots -> Bill Tracking, and filtering by South Dakota for this year's session.
Our SD GAC members also had the chance to meet one-on-one with State Treasurer Josh Haeder. The meeting was followed by a photo session with State Treasurer Haeder and Lt. Governor Larry Rhoden, and a visit to the chambers for recognition of our credit unions.
After a historical tour of the Capitol, we reconvened at the Ramkota for two presentation sessions. The first, led by former Majority Whip Cooper Garnos, focused on political relationship building. The second presentation, led by the DakCU Advocacy Team (Jeff Olson, John Alexander, and me), covered credit union trends. The day concluded with one of our most successful legislative socials ever, attended by 55 legislators and even the Lt. Governor. It truly was a wonderful event, and I cannot thank everyone enough for making the day so successful!
Update from Congress
It's a bustling week in D.C., especially concerning credit union advocacy! This week, America's Credit Unions will be involved in various noteworthy hearings in both the House and Senate related to the credit union industry, including:
Get Involved - Comment Letters
Our advocacy team is looking for stories to help create regulatory change on the following topics:
Sharing your credit union’s story will help our advocacy write meaningful comment letters and responses to the federal agencies we work with. If you would like to send a story and get involved with our regulatory advocacy, please contact John Alexander today!
Advocacy Events – GAC
There's still time to register for the GAC held annually in Washington, DC. The GAC is an event where thousands of credit union leaders from across the U.S. gather to emphasize the significant work credit unions are doing to enhance the financial well-being of their members and communities. The event features top-notch keynote speakers, networking opportunities, learning sessions from industry leaders, and a chance to share your story with lawmakers in one-on-one meetings. We will also be hosting our traditional Dakota group dinner at Ruth’s Chris Steak House, offering an opportunity for our leaders from the Dakotas to connect. Register here or contact me if you need assistance with registration!
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