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March 27, 2018 www.broadcasteronline.com 6 Broadcaster Press Dodd-Frank Reform Bill Provides Regulatory Relief To Community Banks And Credit Unions, Includes Consumer Protections By Sen. Mike Rounds The Senate recently voted to pass the first major overhaul of our financial system since the DoddFrank Act was signed into law in 2010. S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, is a bipartisan effort that begins to roll back the unnecessary and burdensome regulations placed on small banks and credit unions following the financial crisis. This has hindered the ability of those institutions to serve their customers, particularly in rural areas. Our legislation will help make sure families and businesses have access to credit when they need it, which is critical as we continue to grow a healthy American economy. As a member of the Senate Banking Committee, I was happy to be an original cosponsor financial abuse of vulnerable senior citizens. These are just a few of the items included in the bill to protect consumers and relieve small financial institutions from time-consuming and costly layers of bureaucracy that they currently face under Dodd-Frank. Some regulatory recalibration was necessary in response to the financial crisis, but Dodd-Frank’s crippling new rules and regulations have limited the ability of our financial system to best serve the American people. Without question, no one wants to repeat the events that contributed to the economic recession that began in 2008. We are only now beginning to lift out of that nearly decade-long economic slump thanks to the tax relief law and President Trump’s focus on regulatory reform. There is still work to be done to get of our bipartisan effort. In fact, S. 2155 includes seven provisions I took the lead on, such as the Home Mortgage Disclosure Adjustment Act, which will provide small banks and credit unions with data reporting relief. It also includes a provision to help small, local federal savings associations, known as FSAs or thrifts, expand their ability to offer loans to more families and businesses without going through a costly charter conversion process. Our legislation also takes steps to help veterans, as it includes my Protecting Veterans Credit Act, so that vets who are waiting on delayed payments from the VA Choice Program cannot be penalized by creditors. We were also able to secure a provision to protect seniors by removing legal liability for individuals who report the back to a healthy American economy and that’s why our legislation is so important. Every step we can take to provide relief to our lenders is a win for families and businesses who rely on those lenders to provide the tools that they need to grow our economy and create jobs. The Economic Growth, Regulatory Relief and Consumer Protection Act will strengthen our financial system and allow small banks and credit unions to focus on serving their communities - their friends, neighbors, store owners and job providers. I’m pleased the Senate was able to come together in a truly bipartisan fashion to provide much-needed relief. We remain optimistic we will be able to work with the House of Representatives to get this legislation to the president’s desk in a timely manner. Broadcasteronline.c om L&M Radiator, Inc., is a worldwide designer, manufacturer, and distributor of MESABI® heat exchangers that services equipment in mobile construction, mining, agriculture, rail road and oil and gas industries. IMMEDIATE FULL-TIME AND PART-TIME OPENINGS! $ NEW STARTING WAGE! (Full Time Employees Only) 1st Shift M-F from 7am to 3pm 2nd Shift M-Th from 3pm to 1am 3rd Shift Sun-Friday from 11pm to 7am 750 Sign On Bonus Part-Time employees need to be willing to work a minimum of 24 hours and a maximum of 30 hours a week. Basic math, computer, and mechanical skills are required for the job. MAINTENANCE – 2nd Shift Only Clean, repair, maintain, build and fabricate equipment for buildings and grounds at the plant. Coordinate with vendors and outside contractors on building or maintenance improvement projects and repairs when needed. ASSEMBLERS Mechanically inclined assembler with 1 year related work experience. Blueprint reading experience a plus. WhyWork At L&M? April 1 Deadline For Property Tax Assessment Freeze Program Elderly and disabled South Dakotans have until April 1, 2018 to apply for property tax relief under South Dakota’s Assessment Freeze for the Elderly and Disabled Program. Under the program, a qualifying homeowner’s property assessment is prevented from increasing for tax purposes. If the actual value of the home increases, the homeowner still pays property taxes on the lower value. To be eligible for the Assessment Freeze for the Elderly and Disabled Program, individuals must meet the following qualifications: member household (only one individual in the household) or less than $34,622.21 for a multiple-member household ly dwelling, in fee or by contract to purchase, for at least one year and have been a resident of South Dakota for at least one year 200 days of the previous calendar year by the Social Security Act) Un-remarried widows/widowers of those who previously qualified for the program may still qualify in some circumstances. The valuation limit for the program is $190,122.74 or more of full and true value, meaning that property valued above those limits is not eligible unless the applicant has previously qualified. The deadline to apply for the program is April 1, and applications must be submitted to the applicant’s local county treasurer’s office. Applications are available at county treasurer’s offices or online at http://dor.sd.gov/ Taxes/Property_Taxes/Forms.aspx. Tell them you saw it in the Broadcaster! 624-4429 Buying, Selling or Renting Manitou Group Production Scheduler The Production Scheduler will develop an aggregate production plan. The position is responsible for managing the production/ inventory control functions of the assigned department(s). JOB REQUIREMENTS: connect with area landlords, renters, home buyers and home sellers with the Broadcaster classifieds! in operations management (preferred but not required) (preferred but willing to train) management skills systems, access programming and IFS a plus. OTHER OPEN POSITIONS Press Break Operator, Tube Machine Operator, Industrial Painter and Blaster. GO TO MESABI.COM TO APPLY AND TO LEARN MORE! Must be 18 or older and have a HS diploma/GED and ability to pass pre-employment screenings. Take the ?rst step toward a new career. Bene?ts available for employees If you are interested in joining our team, please submit your resume to: https://career5.successfactors.eu/sfcareer/jobre 201 W Cherry Vermillion 624-4429 Manitou Group Human Resources 900 Ferdig Street Yankton, SD 57078 Pre-employment drug screen is required. Manitou is an EOE. Vermillion Public School District has the following opening: Full Time Secretary Austin Elementary (Grades PK-1st) CUSTOMER CARE REPRESENTATIVES Position to begin on or around May 1st We are looking for high energy, self-motivated individuals to join For information on this position please contact: Kim Johnson, Austin Elementary Principal 605-677-7010 Apply online at ?rstnational.com/careers E.O.E. Required district application form available at: www.vermillion.k12.sd.us or from: Cindy Knudsen Administrative Office 17 Prospect Street Vermillion SD 57069 605-677-7000
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