Iowa Senate completes action on significant workers compensation reform
Senate Republicans provided all 29 votes in favor of HF 518, a package of significant reforms in the state’s workers compensation system, on Monday night. As no amendments to the bill were approved, the measure now heads to the desk of Governor Branstad and he will most definitely sign it, as the measure was one of his highest 2017 Session priorities.
Proponents hailed its passage as the first significant reform of the system in nearly a century and as necessary, given the state’s move over the last 10 years from having some of the nation’s lowest cost workers compensation costs to the middle of the pack.
The bill was be signed Thursday at 4:50 pm in the Governor’s formal office.
CBI held it's first-ever Legislative Reception at the Iowa Taproom in downtown Des Moines on Wednesday. The reception brought together over 50 Iowa community bankers with over 30 Senators and Congresspeople in Iowa's General Assembly. Among those legislators attending were Speaker of the House Linda Upmeyer, Senate Majority Leader Bill Dix, Senators Michael Breitbach, Randy Feenstra, Tim Kraayenbrink, Tom Shipley, Jack Whitver, Brad Zaun, Charles Schneider, Craig Johnson, Dan Zumbach, Dennis Guth, and Bill Dotzler. Also in attendance were Representatives Brian Best, Chris Hall, Dave Maxwell, David Kerr, Gary Carlson, Jerry Kearns, John Landon, Louie Zumbach, Mike Sexton and Walt Rogers, as well as State Auditor Mary Mosiman.
Thank you to the following CBI Endorsed, Associate and Affiliate Members for sponsoring the event: SHAZAM, ICBA Securities/Vining Sparks, United Bankers' Bank, Midwest Independent Bank and Bankers' Bank.
CBI Affiliate member Iowa Finance Authority (IFA), the National Association of Local Housing and Finance Agencies (NAHLFA) and a host of other leading state and national organizations have teamed to present a first-of-its-kind bipartisan national summit on housing policy. Co-sponsored by CBI, the Building America Summit--a National Discussion on Housing and Finance will be held October 14-15 at the Iowa Events Center in Des Moines, beginning at 12:00 noon.
**If you will already be in the Des Moines area to attend our Fall Community Banking Summit on the afternoon of Oct. 14, consider attending this historic event earlier in the day as well.**
The Summit will bring together industry leaders from both sides of the political aisle to discuss housing and economic policy prescriptions to keep our nation moving forward. Attending the discussion will be 2016 presidential candidates, leading federal housing officials, national housing industry officials including state agency directors and senior staff, and other influential housing and finance industry leaders.
Attendance is FREE for CBI member banks and Affiliate/Associate members! For more information and to register, visit the Building America Summit website.
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