Removing Barriers Blog

States Delve into Hot Topics Ahead of 2017
Posted September 23, 2016 by CUNA Advocacy

Recently, Alabama Governor Robert Bentley convened the Alabama Consumer Protection Task Force to study the state’s consumer finance laws. The task force will report its findings and recommendations to the governor by Jan. 30, 2017.

Those recommendations may take the form of regulatory or statutory changes. The 33-member task force is charged with evaluating all consumer credit laws and identifying areas of Alabama’s consumer credit laws for possible revision or new legislation. The League of Southeastern Credit Unions is represented on the task force by Joe Newberry of Redstone Federal Credit Union. 

Meanwhile, the Georgia legislature is studying data security ahead of its 2017 session. The Georgia Senate study committee is designed to look at how the state can strengthen its data security, and what, if anything, the state could accomplish on the legislative front.

A recent hearing focused on the growing demand to educate individuals for employment in the data security field, the vulnerability of mobile phones, the need for large companies to employ a Chief Information Security Officers(CISO), and the multi-layered approaches businesses could take to protect IT systems and data.

However, based on a few questions raised in the hearing it is apparent that retailers are continuing to push for a mandate in Georgia to require all chip-and-PIN on all transaction cards. The Georgia Credit Union Association is attending all hearings and monitoring the committee’s progress.