Governmental Affairs News: May 31, 2023

Debt Ceiling Negotiations Update: The U.S House is expected to vote today on the proposed debt ceiling agreement reached with the Biden administration. 

Commercial PACE Opportunity for Credit Unions: The Minnesota Commercial Property Assessed Clean Energy (C-PACE) program provides an opportunity for business owners to upgrade energy efficiency of their properties and pay for those improvements with the resulting energy savings. Additionally, the security from the tax assessment encourages banks and credit unions to purchase PACE loans, which revolves the funds quicker.

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