All elections impact the strategy and priorities of our advocacy, this one more than most. We will communicate those shifts as appropriate when the results finish coming in. But one thing will not change: our commitment to stand up for bookstores in the marketplace, for free expression, and against censorship of literature. Book Bans, Achieved and Thwarted The review committee of South Carolina’s Board of Education recommended statewide bans for seven of the 11 books under consideration in an October 31 hearing, a recommendation that was accepted by the entire board yesterday, November 5. South Carolina thus becomes the second state, after Utah, to ban books statewide. Iowa citizens had an opportunity yesterday to register their opinions on SF 496, the combination book ban/Don’t Say Gay law that saw Iowa jump to second place in states with the most banned books in the 2023-2024 academic year. On the American Booksellers for Free Expression (ABFE) Instagram, Philomena Polefrone explained how to register comments and what to say. The Matanuska-Susitna school district in Alaska settled for $89,000 and agreed to return books to shelves after being sued by impacted students and their parents. The settlement follows a federal ruling in August that the district had improperly removed 49 books. Requirements for S-Corps, LLCs, and Corporations The US Treasury Department is now requiring corporations, S-corporations, and LLCs to report to FinCEN the identifying information about the individuals who directly or indirectly own or control a company. FinCEN launched the BOI E-Filing website on January 1, 2024. If you are signed up for VoterVoice notifications (which you can register for on BookWeb), you should have received an email with more information. Chase Bank CEO: We Are Going to War with Retailers Over Processing Fees Head to our Advocacy page when you have a moment to urge your lawmakers to support swipe fee reform and the Credit Card Competition Act! Booksellers’ advocacy on this issue is needed more than ever as the banks’ rhetoric regarding swipe fees is heating up. Just recently, JPMorgan Chase CEO Jamie Dimon spoke at the American Bankers Association annual convention in New York City, saying the Fed’s proposal to lower the regulated rate for debit card swipe fees “really pisses me off” and “it’s time to fight back. I’ve had it with this s---,” according to Banking Dive. American Banker quoted him saying “we’re going to war with the retailers.” |