Member Alert: What’s Next in Louisiana and Nevada Regulations?

In other news, tracking congressional letters on oversight during the pandemic; learn how courts across the country are operating in May 13 Daily Huddle, and more.

5/12/2020 2:00 PM

AdvocacyCOVID-19NewsStateDaily
Member Alert: What’s Next in Louisiana and Nevada Regulations?

ACA International continues to monitor state and city updates and remains available as a resource for members during this difficult time of fast-moving and often ambiguous regulatory change. In addition, our team maintains regular direct and indirect communications with state and federal regulators to receive up-to-the-minute guidance on industry-relevant orders and emergency regulations, which we parse and report on at regular intervals.

Daily Huddle

Members are invited to join ACA’s team including CEO Mark Neeb, Vice President and Senior Counsel of Federal Advocacy Leah Dempsey, Corporate Counsel Colin Winkler and Vice President of State Government and Unit Affairs Andrew Madden for a Daily Huddle at 11 a.m., Central Standard Time weekdays.

On Wednesday, May 13, Jim Moseley, partner, and Greg White, of counsel, with Gray Reed Attorney & Counselors, will review how courts across the country have been operating under the various federal, state, and local COVID-19 declarations of emergency and then rolling that into a quick check-in on recent and pending amicus matters.

Daily Huddle sponsors are Collectors Insurance Agency Licensing Services, Intelligent Contacts, RevSpring, Solutions by Text, BillingTree, Interprose, and TCN. Recordings of past Daily Huddle sessions are also available.

Federal News Updates

House Priorities for Coronavirus Aid
 
Members of the U.S. House of Representatives introduced the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES) Act making emergency supplemental appropriations for the fiscal year ending in Sept. 30, 2020.

The proposal includes several provisions which could impact industry operations including: restrictions on legal collections, limitations on fees and interests, limitations on the use of predispute arbitration agreements, limitations on commercial collections, defined payment plan requirements, increased penalties of up to 10 times for violations, and changes to credit reporting and forbearance.

ACA is reviewing the legislation and will continue its advocacy on behalf of the ARM industry to ensure Congress understands problems with the legislation and does not advance it.

Tracking Capitol Hill

As part of ongoing advocacy in response to COVID-19, ACA International and its partners are tracking congressional letters on Capitol Hill calling for additional oversight during the pandemic. There are 100, and counting, letters between legislators and from members of Congress to federal organizations such as the U.S. Small Business Administration and Consumer Financial Protection Bureau on subjects related to rulemaking, consumer protections and funding for businesses.

Here are a few letters on ACA’s radar as we prepare for our annual advocacy event, the Washington Insights Livestream which will be held online June 3, 2020. Register now to join us and advocate across the miles! Continue reading.

Members may also find more updates on advocacy efforts on ACA’s federal advocacy webpage.

Here are the latest updates on state guidance:

Louisiana

Louisiana’s stay at home order issued by Gov. John Bel Edwards expires Friday, May 15, yet ACA expects a modified order on Friday, which will outline the phase one reopening of the state.

Virginia

Gov. Ralph Northam announced a three-phase plan to ease restrictions on businesses and gatherings. The stay at home order remains in effect until June 10, but announcements about reopening phases in the southern portion of the state may come as soon as this week.

ACA’s advocacy team is also watching for updates in Arizona, Washington, D.C., Delaware, Vermont and Nevada.

In Nevada, the Department of Financial Institutions said its guidance for collection agencies will remain in effect through at least May 15. ACA has been in touch with the department to provide updates to members as soon as possible.

The National Governors Association has multiple resources available on COVID-19 in the U.S. and actions in states and territories in response to the pandemic. The resources include a chart summarizing state actions and business re-openings. Implementation of various state plans are changing all the time and the changes often do not directly impact the accounts receivable management industry (i.e. parks, restaurants, construction, curbside deliveries.) Members are encouraged to check the chart for their state updates while ACA will continue to highlight specific changes for the industry on a regular basis. The National Governor’s Association chart is also available on ACA’s COVID-19 state resources webpage.

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at Licensing@acainternational.org or call (952) 926-6547.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

Member Alert: What’s Next in Louisiana and Nevada Regulations?

ACA International continues to monitor state and city updates and remains available as a resource for members during this difficult time of fast-moving and often ambiguous regulatory change. In addition, our team maintains regular direct and indirect communications with state and federal regulators to receive up-to-the-minute guidance on industry-relevant orders and emergency regulations, which we parse and report on at regular intervals.

Daily Huddle

Members are invited to join ACA’s team including CEO Mark Neeb, Vice President and Senior Counsel of Federal Advocacy Leah Dempsey, Corporate Counsel Colin Winkler and Vice President of State Government and Unit Affairs Andrew Madden for a Daily Huddle at 11 a.m., Central Standard Time weekdays.

On Wednesday, May 13, Jim Moseley, partner, and Greg White, of counsel, with Gray Reed Attorney & Counselors, will review how courts across the country have been operating under the various federal, state, and local COVID-19 declarations of emergency and then rolling that into a quick check-in on recent and pending amicus matters.

Daily Huddle sponsors are Collectors Insurance Agency Licensing Services, Intelligent Contacts, RevSpring, Solutions by Text, BillingTree, Interprose, and TCN. Recordings of past Daily Huddle sessions are also available.

Federal News Updates

House Priorities for Coronavirus Aid
 
Members of the U.S. House of Representatives introduced the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES) Act making emergency supplemental appropriations for the fiscal year ending in Sept. 30, 2020.

The proposal includes several provisions which could impact industry operations including: restrictions on legal collections, limitations on fees and interests, limitations on the use of predispute arbitration agreements, limitations on commercial collections, defined payment plan requirements, increased penalties of up to 10 times for violations, and changes to credit reporting and forbearance.

ACA is reviewing the legislation and will continue its advocacy on behalf of the ARM industry to ensure Congress understands problems with the legislation and does not advance it.

Tracking Capitol Hill

As part of ongoing advocacy in response to COVID-19, ACA International and its partners are tracking congressional letters on Capitol Hill calling for additional oversight during the pandemic. There are 100, and counting, letters between legislators and from members of Congress to federal organizations such as the U.S. Small Business Administration and Consumer Financial Protection Bureau on subjects related to rulemaking, consumer protections and funding for businesses.

Here are a few letters on ACA’s radar as we prepare for our annual advocacy event, the Washington Insights Livestream which will be held online June 3, 2020. Register now to join us and advocate across the miles! Continue reading.

Members may also find more updates on advocacy efforts on ACA’s federal advocacy webpage.

Here are the latest updates on state guidance:

Louisiana

Louisiana’s stay at home order issued by Gov. John Bel Edwards expires Friday, May 15, yet ACA expects a modified order on Friday, which will outline the phase one reopening of the state.

Virginia

Gov. Ralph Northam announced a three-phase plan to ease restrictions on businesses and gatherings. The stay at home order remains in effect until June 10, but announcements about reopening phases in the southern portion of the state may come as soon as this week.

ACA’s advocacy team is also watching for updates in Arizona, Washington, D.C., Delaware, Vermont and Nevada.

In Nevada, the Department of Financial Institutions said its guidance for collection agencies will remain in effect through at least May 15. ACA has been in touch with the department to provide updates to members as soon as possible.

The National Governors Association has multiple resources available on COVID-19 in the U.S. and actions in states and territories in response to the pandemic. The resources include a chart summarizing state actions and business re-openings. Implementation of various state plans are changing all the time and the changes often do not directly impact the accounts receivable management industry (i.e. parks, restaurants, construction, curbside deliveries.) Members are encouraged to check the chart for their state updates while ACA will continue to highlight specific changes for the industry on a regular basis. The National Governor’s Association chart is also available on ACA’s COVID-19 state resources webpage.

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at Licensing@acainternational.org or call (952) 926-6547.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

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