Policy Priorities
Supporting modernization of the payments system to improve consumer experiences and lower enterprise costs while combatting illicit activities.
AL: Myth vs. Fact: State Remittance Taxes
AL: Joint Industry Letter in Opposition of HB 585
TN: AFC Letter in Opposition of HB 2502
MI: AFC Support Letter for MI HB 5544
Trump imposes new remittance tax
U.S. Lawmakers Ponder A Remittance Tax
Remittance Tax Critics Warn of Unintended Consequences
Remittance tax draws fintech pushback
American Fintech Council Supports Michigan Legislation to Modernize Payments Regulation
American Fintech Council (AFC) Encourages Federal Reserve to Use Payment Account Prototype to Reduce Access Frictions and Advance Innovation
American Fintech Council (AFC) Urges Florida and Missouri Lawmakers to Reject Remittance Legislation That Undermines Law Enforcement and Consumer Access
American Fintech Council (AFC) Urges Treasury To Combat Illicit Activity in Digital Assets By Incentivizing Responsible AI Usage and Ensuring Unimpeded Data Movement