NOW, THEREFORE BE IT RESOLVED, that the National Association of State Treasurers and its ABLE Committee encourage the United States Department of Housing of Urban Development to promulgate rules or release guidance to ensure funds in ABLE accounts are disregarded when determining eligibility for federal housing programs.
NOW, THEREFORE BE IT RESOLVED, that the National Association of State Treasurers supports the following:
1. NAST supports common sense federal laws and regulations to provide essential banking services to state legalized cannabis businesses, promote public safety and financial transparency, and facilitate local, state and federal tax and fee collection without compromising federal enforcement of anti- money laundering laws against criminal enterprises, recognizing that NAST takes no position as to whether cannabis should be legalized under the laws of the United States or of any state.
2. NAST supports financial law enforcement authorities’ consistent interpretation of the FinCEN guidance and, barring changes to federal law, the continued application of the guidance to allow some financial institutions to offer banking services to the state legalized cannabis industry.
NOW, THEREFORE BE IT RESOLVED, that the National Association of State Treasurers and its affiliated College Savings Plans Network urge the enactment of federal law or policy that would allow account holders to have two years following the tax year in which Qualified Higher Education Expenses are incurred to take a tax-free distribution from a 529 account for Qualified Higher Education Expenses incurred during the first two years after the effective date of the legislation or policy; and then to have one year following the tax year in which Qualified Higher Education Expenses are incurred to take a tax-free distribution from a 529 account for Qualified Higher Education Expenses for each subsequent year.
THEREFORE, be it resolved that NAST supports financial literacy as part of an ongoing educational curriculum that includes a state-designed high school graduation requirement in each state in the United States.
Now, therefore be it resolved, The National Association of State Treasurers does not support the “Corporate Governance Reform and Transparency Act of 2017” (H.R.4015) in its current form (or substantially similar bills in subsequent Congresses) and recommends that public retirement funds oppose passage of H.R.4015, so as to maintain the integrity and efficacy of the relationship between institutional investors and proxy advisory firms.
NOW, THEREFORE, BE IT RESOLVED that the National Association of Unclaimed Property Administrators (NAUPA), an affiliated network of the National Association of State Treasurers, supports the amendment or enactment of unclaimed property laws regarding unclaimed death benefits due under life insurance policies that are consistent with NAUPA’s recommendations to the ULC, including that any such laws: