489 Groups Support Passage of the Farm Bill

Advantage #1

The following letter was drafted by the American Farm Bureau Federation urging the passage of the farm bill. The letter was sent to the House of Representatives December 12, 2018 in an effort for swift action on the floor. In total, 489 groups signed the letter in support the legislation; the ICBSD is one of […]

READMORE

Reasons W is Wrong: Spends $400,000 More Tax Dollars Annually, Plus Inflation

October 8, 2018 FOR IMMEDIATE RELEASE Contact:  David Owen 1-605-366-2669 Amendment W requires the state to write a $389,000 check every year to a non-elected commission and, if that check is not part of the legislature’s budget, the Constitution would force the State Treasurer to give the money to the commission directly.  Also, Amendment W […]

READMORE

The Campaign Trails are Heating Up, Get Involved!

By Dean Krogman, ICBSD Lobbyist With the recent primary elections taking place, the campaign trails are heating up. Everywhere you turn, voters are being exposed to information from political candidates- from TV to literature in the mail, social media posts and even phone calls. I encourage you to capitalize on this time and engage with […]

READMORE

BANKERS ALERT!

ICBSDLogo-New

S-Corp Banks Be Heard on Tax Reform ICBSD joins the Independent Community Bankers of American in calling on Subchapter S community banks to make their voices heard as Congress debates comprehensive tax reform. ICBA’s Be Heard grassroots action center allows community bankers to tell Congress to ensure the maximum 25 percent tax rate is available to the […]

READMORE

Subchapter S: Call to Action

ICBSDLogo-New

Call Your Senator to Protect Subchapter S Banks The Senate’s proposed tax reform bill fails to Subchapter S community banks into closer tax parity with C corporations. As a constituent in a key battleground state, please urge your senators to address this issue. The proposal would reduce the top rate on C corporations to 20 […]

READMORE

Credit Unions: Be Heard on Tax Reform

ICBSDLogo-New

Background The credit union model has become outdated, and its charter, purpose and tax – exempt status should be reviewed by Congress. Credit unions were chartered by Congress to enable people of small means with a “common bond” to pool their resources to meet their basic deposit, savings and borrowing needs. While some credit unions […]

READMORE

State Sign on Letter

ICBSDLogo-New

January 24, 2018 The Honorable Mitch McConnell                                      The Honorable Charles E. Schumer Majority Leader                                                […]

READMORE

Credit Unions: Be Heard on Tax Reform

Background The credit union model has become outdated, and its charter, purpose and tax – exempt status should be reviewed by Congress. Credit unions were chartered by Congress to enable people of small means with a “common bond” to pool their resources to meet their basic deposit, savings and borrowing needs. While some credit unions […]

READMORE