CUNA and leagues will be on hand with nearly 6,000 attendees at the National Conference of State Legislatures (NCSL) Legislative Summit July 30-Aug. 2 in Los Angeles. Attendees include state legislators, legislative staff, government officials, business representatives, and others interested in public policy.
CUNA and league staff will host an America’s Credit Unions’ booth in the exhibit hall as well as other networking and social events. The California Credit Union League worked to coordinate NCSL summit efforts.
Engagement at the conference is particularly important because legislators adopt policies in each of NCSL’s nine standing committees. These policies become the backbone of NCSL’s efforts to fight unwarranted federal preemption of state laws, unfunded mandates and federal legislation that threatens state authority and autonomy.
This year, the Communications, Financial Services and Interstate Commerce Committee will discuss and vote on a policy related to banking and financial regulation of cannabis.
Under the proposed policy, NCSL calls on Congress to amend the Controlled Substances Act to remove cannabis from scheduling, thus enabling financial institutions the ability to provide banking services to cannabis related businesses.
Additional details can be found on CUNA’s Removing Barriers Blog.