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Top News Links: Tuesday, March 17

JamisonMoneyFarmer shareholders

JamisonMoneyFarmer shareholders

JMF moving to Wells Fargo Tower

JamisonMoneyFarmer PC has leased office space in the Wells Fargo Tower, located at 420 20th Street North, Suite 2250, in the central business district downtown, which will serve as the accounting firm's new office in Birmingham. JMF is Alabama's seventh largest CPA firm with three offices in Alabama. – News release

Bentley tax plan getting first jabs

Gov. Robert Bentley’s $541 million tax package is taking its first steps into the legislative waters, and lawmakers are already nipping at it. The House Ways and Means Education Committee Wednesday is scheduled to vote on legislation sponsored by Rep. Ken Johnson, R-Moulton, that would repeal a provision in the tax code allowing employees to avoid withholding taxes in their paychecks under certain conditions. – Montgomery Advertiser

Government challenges BP spill ruling

The U.S. government is appealing a federal court ruling that reduced the potential penalty BP PLC must pay for the 2010 Gulf of Mexico oil spill by almost $4 billion. The appeal, which was filed on Friday in U.S. District Court in New Orleans, challenges a January decision by U.S. District Court Judge Carl Barbier that set the size of the spill at 3.19 million barrels. – Reuters

ServisFirst quarterly dividend up 20 percent

ServisFirst Bancshares Inc., the holding company for ServisFirst Bank, today announced that, at a meeting held on March 16, 2015, its Board of Directors declared a quarterly cash dividend of $0.06 per share, payable on April 15, 2015 to stockholders of record as of April 8, 2015. – PRNewswire

Lawmaker wants state out of liquor business

Since Prohibition was lifted in the 1930s, the State of Alabama has been a “Control State”, meaning the state directly controls the sale and regulation of alcohol. Currently liquor is still sold by the Alabama Alcoholic Beverage Control Board (ABC) in 176 state-operated locations, though private retailers are allowed to sell, as well. One Alabama lawmaker thinks it is high time to get the state out of the retail liquor business. – Yellowhammer

Tuscaloosa Teachers CU now RiverFall

Tuscaloosa Teachers Credit Union has changed its name to RiverFall Credit Union. The credit union said in a news release that its leadership worked with an outside marketing firm to develop a name that would resonate with the community and be more inclusive of its market. – Tuscaloosa News

Cadence Bancorp completes debt issuance

Cadence Bancorp LLC, the parent company of Cadence Bank, has completed a $50 million debt issuance that will be used to fund its continued growth and to strengthen the capital position of the company. The company does business in five states, including Alabama. – BizJournals

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