Publications Archive

Last year’s tax bill, the Tax Cuts and Jobs Act, contained a provision for a tax credit for employers who offer paid FMLA time; subject to a number of conditions discussed by IRS below. This credit is essentially for 12½ percent of FMLA pay ...Read More

With two days remaining in the proposed schedule for the 2018 Regular Session, all of the three bills still being tracked by the association are in position to pass before the final day adjourns next week. First, House Bill 417, a bill Rep. Chris ...Read More

The light at the end of the tunnel is finally visible, as talk around the State House this week revealed that House and Senate leaders are planning to make March 29 the final day of the 2018 Regular Session. If that plan holds true, ...Read More

Some employers sponsor a high-deductible health plan and concurrently a self-funded health reimbursement account (“HRA”) to which it contributes to reimburse certain amounts towards deductibles, co-pays, and other out-of-pocket expenses. An HRA is an employer-sponsored health plan and as such is subject to COBRA. ...Read More

MARCH 9, 2018 — A legislative priority for the State Banking Department and Alabama Banking Superintendent Mike Hill advanced out of a House committee this week, while a payday lending bill was the center of attention Thursday afternoon on the Senate floor. On Wednesday, ...Read More

Like a lot of us, New Year’s resolutions for many community banks are based around improvement and growth. Spurred by the recent tax reform bill, many are looking to a possible merger or acquisition as a way to meet their business needs and improve ...Read More

MARCH 2, 2018 — As the session hit its official halfway point, one piece of legislation important to the financial services industry to a major step forward, while another, thankfully, took a major step back. On Thursday, the Alabama Senate unanimously approved Senate Bill ...Read More