b'RegulatoryAdvocacy01. E N A T E B I L L 1 2 6 : SWith the help of our strategic partners Adams & Reese, and Kudulis, Reisinger, Price (KRP) Law Firm, LCUL drafted Senate Bill 126: Safety Deposit Abandonment, Beneficiary Deposit Cap, Expelling Mem-bers with Cause. Senator Ed Price and credit union representatives introduced Senate Bill 126, which was voted favorably from both the Senate and House Commerce Committees prior to being signed into 02. I law on June 11.S O N B E H A L F I O FN I O N S : L C U L A C TM L I T A R Y B A S E D C R E D T UCredit unions were concerned with the inclusion of any language that would provide rent-free access to military institutions for more complex profit-centered entities such as payday lenders. In response to this concern, LCUL worked with Louisiana Representative Ralph Abraham, member of the Armed Services Committee, urging him to vote against the proposed amendment to the Federal Credit Union Act.DID YOU KNOW.LCUL put together a summary of the bills tha passed during the 2019 session and the impact they will have on Louisiana credit unions.'