State Rep. Craig Lipscomb (R-Gadsden) was recently awarded the 2021 Lawmaker of the Year Award by the League of Southeastern Credit Unions (LSCU) at the organization's meeting this week in Montgomery.

The group announced, “At this week’s Alabama Advocacy Conference, LSCU was excited to recognize Alabama state Representative Craig Lipscomb as our 2021 Lawmaker of the Year. Rep. Lipscomb carried the League’s number one priority bill in the House last year, and he continues to remain a staunch advocate of credit unions and their priorities.”

“As a member of the House of Representatives, it is my duty to promote the health, safety and general welfare of my constituents,” Lipscomb said. “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.”

Patrick Le Pine is the CEO of LSCU.

“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,” La Pine said. “A steady and respected leader in the Alabama State House, Representative Lipscomb was able to swiftly advance this legislation through both chambers. 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.”

In December of 2021, the League of Southeastern Credit Unions (LSCU) Board of Directors met to approve strategic plans for 2022 and discuss a number of other business items. Included in items for discussion were the 2021 lawmakers of the year. During the nomination and approval process, legislators’ contributions to, and support for, credit unions were discussed at length. The Alabama Advocacy Policy Committee voted to nominate Lipscomb as the 2021 State Lawmaker of the Year, which was later approved by the LSCU Board of Directors.

Lipscomb recently joined several credit unions from around the Gadsden area for the hosting of National Credit Union Administration Board Member Rodney Hood, in which Lipscomb graciously welcomed Hood and credit union representatives into House District 30.

Lipscomb is a Gadsden-area architect. HD30 represents parts of Etowah and St. Clair Counties. Lipscomb is serving in his first term in the Alabama legislature. He is running for re-election but has no Republican or Democratic opponent.

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