BIRMINGHAM, Ala. –The Alabama Advocacy Policy Committee of the Leaugue of Southeastern Credit Unions has named State Rep. Craig Lipscomb (R-Gadsden) as the 2021 State Lawmaker of the Year.
“As a member of the House of Representatives, it is my duty to promote the health, safety and general welfare of my constituents,” said Lipscomb. “As such, financial competence is a meaningful component of all three. Furthermore, our local credit unions help facilitate that goal. I am always happy to assist the Alabama Credit Union Association as we partner to build a better Alabama.”
“During the 2021 legislative session, Representative Lipscomb sponsored the League’s number one priority bill, the Financial Institution Excise Tax Clarification bill (House Bill 140), which standardizes the use of reserves for maintaining capital and clarifies taxable income for state-chartered credit unions. A steady and respected leader in the Alabama State House, Representative Lipscomb was able to swiftly advance this legislation through both chambers,” noted Patrick La Pine, CEO of LSCU & Affiliates. “Even outside of session, Representative Lipscomb maintains a close working relationship with Alabama’s credit unions and continues to advocate for their members, and we appreciate his partnership.”
Most recently, Rep. Lipscomb joined several credit unions from around the Gadsden area for the hosting of NCUA Board Member Rodney Hood, in which Representative Lipscomb graciously welcomed Member Hood and credit union representatives into House District 30.