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ETA State Legislative Issues Update

March 20, 2017 ETA has been busy this year in the state legislatures on behalf of our membership. Please follow this link to view a chart summarizing current state legislative issues. ETA will remain vigilant in opposition to expanded taxes on the payments industry.   Share this:

ETA and NACHA Sign Letter Expressing Concerns with New Mexico H.B. 347

March 17, 2017 Dear President Papen, The Electronic Transactions Association and NACHA are writing to express our concerns with H.B. 347, The Installment Loan Fee Limits and Literacy Fund Act. Our concerns are centered on section 1 and section 5 contained in H.B. 347. Please view ETA’s joint letter with NACHA by following this link. Share this:

ETA Signs Joint Trade Letter to the FCC Regarding TCPA

March 10, 2017 I. Summary of Petitioners’ Arguments. The Petitioners are asking the Commission to issue a rule requiring written consent for all calls made to wireless and residential lines subject to TCPA restrictions. In a further effort to expand their opportunity for TCPA litigation, the Petitioners are seeking a declaratory ruling to overturn the FCC’s allegedly “improper interpretation that ‘prior express consent’ includes implied consent...

ETA Signs Joint Trade Letter Supporting Reform of the Telephone Consumer Protection Act (TCPA)

March 9. 2017 Dear Chairmen Walden and Ranking Member Pallone: This week, the full House of Representatives is scheduled to vote on H.R. 985, the Fairness in Class Action Litigation Act of 2017 (FICALA). We write to express our support for H.R. 985, as it addresses many problems associated with overbroad and procedurally abusive class actions. In particular, several provisions of H.R. 985 will assist in providing partial relief for a particularly problematic area of class...

ETA Statement on the CFPB Prepaid Card Rule Extension Proposal

March 10, 2017 – The Consumer Financial Protection Bureau (CFPB) announced late Thursday that it will consider extending for six months the effective date of its Prepaid Card Rule, a 1,689 page rule issued in October 2016. “We appreciate the CFPB considering extending the effective date of the Prepaid Card Rule, but the underlying substance of the rule remains unchanged and will harm millions of underserved Americans,” said Scott Talbott, SVP of government...

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