Alabama Bank News

In the process of preparing health reform alerts for our clients, we are seldom the bearer of good news, it seems. This is indeed one of those occasions. Employers have just completed the inaugural round of ACA filing requirements with considerable angst. With round ...Read More

AUGUST 23, 2016 – The first special session of 2016 began last Monday. Legislators met for five days last week and adjourned late last Friday evening. The session will resume later this afternoon. Upon adjournment today, the session will be at least halfway over. ...Read More

Since taking the helm of the American Bankers Association on Jan. 1, my priority has been meeting with and listening to bankers and state association executives about what’s needed to help banks succeed. I’ve logged tens of thousands of miles in service to that goal and ...Read More

May 5, 2016 – At the stroke of midnight on Wednesday, the Alabama Legislature’s 2016 Regular Session came to a close. Generally speaking, the news around the State House centered on the failure of two major pieces of legislation. But from the association’s perspective, several ...Read More

IRS has published[1] the indexed affordable threshold for 2017 at 9.69 percent; up from 9.66 percent 9.56 percent for 2015. This is the multiplier used at the Exchange to determine if an applicant was offered “affordable” coverage by his/her employer. The Exchange operates under code §36B, ...Read More

April 12, 2016 – As expected, last week began with Rep. Ed Henry (R-Hartselle) filing Articles of Impeachment against Gov. Robert Bentley. And while a lot of fireworks led up to that filing, not much has happened since. It turns out that Alabama’s Constitution ...Read More

MONTGOMERY, March 29, 2016 – Without question, the last two weeks in Alabama politics have been, to say the least, eventful. But in the midst of all of the chaos involving the executive branch, the Alabama Legislature’s 2016 Regular Session crossed its actual (the 15th ...Read More