Expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline.
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
93pct
44d open
vs 135 other HCONRES bills in the 118th — cohort avg 18d
No CRS summary is available for this bill yet. The source title, actions, sponsors, and text versions below come from Congress.gov.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (13)
Reported by the Committee on Energy and Commerce. H. Rept. 118-25, Part I.
Congress.gov source codes: 5000, H12200
Ordered to be Reported by the Yeas and Nays: 28 - 21.
Committee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 15 - 11 .
Subcommittee Consideration and Mark-up Session Held.
Referred to the Subcommittee on Energy and Mineral Resources.
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Referred to the Subcommittee on Energy, Climate and Grid Security.
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2026 · third_quarter · Retirement
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. Issues related to plan rollovers. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · third_quarter · Taxation/Internal Revenue Code
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. Issues related to plan rollovers. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Taxation/Internal Revenue Code
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Retirement
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Retirement
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Introduced in House
Congress.gov source codes: 1000, Intro-H
| Referred To |
| February 7, 2023 |
| Transportation and Infrastructure Committee | House | Referred To | February 7, 2023 |
| Republican |
| IN |
| Rick W. Allen | Republican | GA |
| Robert E. Latta | Republican | OH |
| Troy Balderson | Republican | OH |
2026 · first_quarter · Taxation/Internal Revenue Code
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Medicare/Medicaid
Advocating for workers, families as part of the regular budget and appropriations process. Advocating against key cuts to programs like Medicaid and SNAP. Meetings in House and Senate on CMS Nursing Home Staffing Rule, and sharing SEIU strong Opposition to HR 1683/S. 750, Protecting Rural Seniors Access to Care Act in 118th Congress and efforts to rescind rule for pay for in reconciliation. HR 1968, Full-Year Continuing Appropriations and Extensions Act, 2025 H Con Res 14, S Com Res 7
Client expense: $260,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Taxation/Internal Revenue Code
529 Plans. Pass-Through Rates. Stepped-up Basis. 3.8% Net Investment Income Tax. Inflation Reduction Act of 2022. Tax Cuts and Jobs Act (TCJA), generally. Permanency of TCJA Section 199A Continuation of TCJA estate tax treatment. Revived expensing of research and development costs. Restoration of 100% bonus depreciation. Opposition to exclusionary labor mandates in IRA green tax credits. H.R. 703: the Main Street Tax Certainty Act. S. 587: Death Tax Repeal Act of 2025. H. Con. Res. 14: the Republican budget resolution. H.R. 1: One, Big, Beautiful Bill Act. H.R. 6231/S. 3265: Improve and Enhance the Work Opportunity Tax Credit Act. 118th Congress: H.R. 3938, the Build It In America Act. H.R. 4721/S. 1706: the Main Street Tax Certainty Act. H.R. 4035: the Protecting Small Business Information Act of 2023. S. 1108: the Death Tax Repeal Act of 2023. H.R. 4820: the Transportation, Housing and Urban Development Appropriations Act. H.R. 7024: Tax Relief for American Families and Workers Act of 2024. H.R. 6833: the Improve and Enhance the Work Opportunity Tax Credit Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2025 · fourth_quarter · Government Issues
General Issues Regarding Regulatory Reform. Public Private Partnerships, generally. H. Con. Res. 14: the Republican budget resolution. H.R. 3548: Infrastructure Expansion Act of 2025. Unmanned Aerial Systems, generally. 118th Congress: H.R. 277: the Regulations from the Executive In Need of Scrutiny Act of 2023 (REINS). H.R. 2864: the Countering CCP Drones Act. S. 4792: Countering CCP Drones and Supporting Drones for Law Enforcement Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)
2025 · fourth_quarter · Retirement
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Taxation/Internal Revenue Code
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. Issues related to policy discussions with Pontera. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Medicare/Medicaid
Advocating for workers, families as part of the regular budget and appropriations process. Advocating against key cuts to programs like Medicaid and SNAP. Meetings in House and Senate on CMS Nursing Home Staffing Rule, and sharing SEIU strong Opposition to HR 1683/S. 750, Protecting Rural Seniors Access to Care Act in 118th Congress and efforts to rescind rule for pay for in reconciliation. HR 1968, Full-Year Continuing Appropriations and Extensions Act, 2025 H Con Res 14, S Com Res 7
Client expense: $223,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Agriculture
H.R. 8467 Farm, Food, and National Security Act of 2024 S. 2564 CROP for Farming Act H.R. 5922 CROP for Farming Act H. Con. Res. 14 - Reconciliation budget resolution H.R. 1 - The One Big Beautiful Bill Act
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Medicare/Medicaid
Advocating for workers, families as part of the regular budget and appropriations process. Advocating against key cuts to programs like Medicaid and SNAP. Meetings in House and Senate on CMS Nursing Home Staffing Rule, and sharing SEIU strong Opposition to HR 1683/S. 750, Protecting Rural Seniors Access to Care Act in 118th Congress and efforts to rescind rule for pay for in reconciliation. HR 1968, Full-Year Continuing Appropriations and Extensions Act, 2025 H Con Res 14, S Com Res 7
Client expense: $210,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
529 Plans. Pass-Through Rates. Stepped-up Basis. 3.8% Net Investment Income Tax. Inflation Reduction Act of 2022. Tax Cuts and Jobs Act (TCJA), generally. Permanency of TCJA Section 199A Continuation of TCJA estate tax treatment. Revived expensing of research and development costs. Restoration of 100% bonus depreciation. Opposition to exclusionary labor mandates in IRA green tax credits. H.R. 703: the Main Street Tax Certainty Act. S. 587: Death Tax Repeal Act of 2025. H. Con. Res. 14: the Republican budget resolution. H.R. 1: One, Big, Beautiful Bill Act. 118th Congress: H.R. 3938, the Build It In America Act. H.R. 4721/S. 1706: the Main Street Tax Certainty Act. H.R. 4035: the Protecting Small Business Information Act of 2023. S. 1108: the Death Tax Repeal Act of 2023. H.R. 4820: the Transportation, Housing and Urban Development Appropriations Act. H.R. 7024: Tax Relief for American Families and Workers Act of 2024. H.R. 6833: the Improve and Enhance the Work Opportunity Tax Credit Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2025 · third_quarter · Government Issues
General Issues Regarding Regulatory Reform. Public Private Partnerships, generally. H. Con. Res. 14: the Republican budget resolution. H.R. 3548: Infrastructure Expansion Act of 2025. 118th Congress: H.R. 277: the Regulations from the Executive In Need of Scrutiny Act of 2023 (REINS). H.R. 2864: the Countering CCP Drones Act. S. 4792: Countering CCP Drones and Supporting Drones for Law Enforcement Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)
2025 · third_quarter · Budget/Appropriations
H.R.4016/S.2572 Department of Defense Appropriations bill, 2026 - Title II, all provisions related to supply chain risk management. H.R.8774/S.4921, Department of Defense Appropriations bill, 2025 (118th Congress) - Title II, all provisions related to supply chain risk management. H.R.1 Legislation to provide for reconciliation pursuant to H.Con.Res.14 for fiscal year 2025; all provisions related to supply chain risk management. H.R.5342/S.2354 Commerce, Justice, Science, and Related Agencies Appropriations Bill, Title II, all provisions related to NASA supply chain risk management.
Client expense: Not reported · Firm income: $70,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Agriculture
H.R. 8467 Farm, Food, and National Security Act of 2024 S. 2564 CROP for Farming Act H.R. 5922 CROP for Farming Act H. Con. Res. 14 - Reconciliation budget resolution H.R. 1 - The One Big Beautiful Bill Act
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Retirement
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
529 Plans. Pass-Through Rates. Stepped-up Basis. 3.8% Net Investment Income Tax. Inflation Reduction Act of 2022. Tax Cuts and Jobs Act (TCJA), generally. Permanency of TCJA Section 199A Continuation of TCJA estate tax treatment. Revived expensing of research and development costs. Restoration of 100% bonus depreciation. Opposition to exclusionary labor mandates in IRA green tax credits. H.R. 703: the Main Street Tax Certainty Act. S. 587: Death Tax Repeal Act of 2025. H. Con. Res. 14: the Republican budget resolution. H.R. 1: One, Big, Beautiful Bill Act. 118th Congress: H.R. 3938, the Build It In America Act. H.R. 4721/S. 1706: the Main Street Tax Certainty Act. H.R. 4035: the Protecting Small Business Information Act of 2023. S. 1108: the Death Tax Repeal Act of 2023. H.R. 4820: the Transportation, Housing and Urban Development Appropriations Act. H.R. 7024: Tax Relief for American Families and Workers Act of 2024. H.R. 6833: the Improve and Enhance the Work Opportunity Tax Credit Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2025 · second_quarter · Government Issues
General Issues Regarding Regulatory Reform. Public Private Partnerships, generally. H. Con. Res. 14: the Republican budget resolution 118th Congress: H.R. 277: the Regulations from the Executive In Need of Scrutiny Act of 2023 (REINS). H.R. 2864: the Countering CCP Drones Act. S. 4792: Countering CCP Drones and Supporting Drones for Law Enforcement Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)
2025 · second_quarter · Budget/Appropriations
H.R.4016/S.____ Department of Defense Appropriations bill, 2026 - Title II, all provisions related to supply chain management. H.R.8774/S.4921, Department of Defense Appropriations bill, 2025 (118th Congress) - Title II, all provisions related to supply chain management. H.R.1 Legislation to provide for reconciliation pursuant to H.Con.Res.14 for fiscal year 2025; all provisions related to supply chain management.
Client expense: Not reported · Firm income: $70,000
Government targets: HOUSE OF REPRESENTATIVES, Office of the Secretary of Defense, SENATE
2025 · second_quarter · Agriculture
H.R. 8467 Farm, Food, and National Security Act of 2024 S. 2564 CROP for Farming Act H.R. 5922 CROP for Farming Act H. Con. Res. 14 - Reconciliation budget resolution H.R. 1 - The One Big Beautiful Bill Act
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
Tax Cuts and Job Act Permanency & Tax Reconciliation NMHC supports making permanent individual tax rates and the 20 percent qualified business income tax deduction that expire at the end of 2025. NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017 (TCJA). In TCJA, Congress, doubled the estate tax exclusion through 2025 while retaining a top tax rate of 40 percent and stepped-up basis rules. H.R. 1, One Big Beautiful Bill Act, to provide for reconciliation pursuant to title II of H. Con. Res. 14, Title IV--Energy and Commerce, Subtitle C--Communications, Part 2--Artificial Intelligence and Information Technology Modernization, Sec. 43201. Artificial Intelligence and Information Technology Modernization Initiative; Title XI--Committee on Ways and Means, "The One, Big, Beautiful Bill, Subtitle A--Make American Workers and Families Thrive Again: Sec. 110001. Extension of Modification of Rates, Sec. 110005. Extension of Deduction for Qualified Business Income and Permanent Enhancement, Sec. 110006. Extension of Increased Estate and Gift Tax Exemption Amounts and Permanent Enhancement, and Sec. 110011. Limitation on Tax Benefit of Itemized Deductions; Subtitle B--Make Rural America and Main Street Grow Again, Part 1--Extension of Tax Cuts and Jobs Act Reforms for Rural America and Main Street, Sec. 111001. Extension of Special Depreciation Allowance for Certain Property and Sec. 111003. Modified Calculation of Adjusted Taxable Income for Purposes of Business Interest Deduction, Part 2--Additional Tax Relief for Rural America and Main Street, Sec. 111002. Renewal and Enhancement of Opportunity Zones, Sec. 111003. Increased Dollar Limitations for Expensing of Certain Depreciable Assets, and Sec. 111109. Modifications to Low-Income Housing Credit, Subtitle C--Make America Win Again, Part 1--Working Families Over Elites, Sec. 112007. Termination of New Energy Efficient Home Credit, Sec. 112008. Restrictions on Clean Electricity Production Credit, Sec. 112009. Restrictions on Clean Electricity Investment Credit, Sec. 112018. Limitation on Individual Deductions for Certain State and Local Taxes, Etc., Sec. 112026. Limitation on Excess Business Losses of Noncorporate Taxpayers, and Sec. 112028 Enforcement of Remedies Against Unfair Foreign Taxes. Amendment in the Nature of a Substitute to Committee Print Providing for Reconciliation, Title XI--Committee on Ways and Means, "The One, Big, Beautiful Bill, Subtitle A--Make American Workers and Families Thrive Again: Sec. 110001. Extension of Modification of Rates, Sec. 110005. Extension of Deduction for Qualified Business Income and Permanent Enhancement, Sec. 110006. Extension of Increased Estate and Gift Tax Exemption Amounts and Permanent Enhancement, and Sec. 110011. Limitation on Tax Benefit of Itemized Deductions; Subtitle B--Make Rural America and Main Street Grow Again, Part 1--Extension of Tax Cuts and Jobs Act Reforms for Rural America and Main Street, Sec. 111001. Extension of Special Depreciation Allowance for Certain Property and Sec. 111003. Modified Calculation of Adjusted Taxable Income for Purposes of Business Interest Deduction, Part 2--Additional Tax Relief for Rural America and Main Street, Sec. 111002. Renewal and Enhancement of Opportunity Zones, Sec. 111003. Increased Dollar Limitations for Expensing of Certain Depreciable Assets, and Sec. 111109. Modifications to Low-Income Housing Credit, Subtitle C--Make America Win Again, Part 1--Working Families Over Elites, Sec. 112007. Termination of New Energy Efficient Home Credit, Sec. 112008. Phase-Out and Restrictions on Clean Electricity Production Credit, Sec. 112009. Phase-Out and Restrictions on Clean Electricity Investment Credit, Sec. 112018. Limitation on Individual Deductions for Certain State and Local Taxes, Etc., and Sec. 112027. Limitation on Excess Business Losses of Noncorporate Taxpayers. S. Amdt. 2630 to H.R. 1, One Big Beautiful Bill Act, to provide for reconciliation pursuant to title II of H. Con. Res. 14, Amendment in the Nature of a Substitute, Title IV--Committee on Commerce, Science, and Transportation, Sec. 40012: Support for Artificial Intelligence Under the Broadband Equity, Access, and Deployment Program; Title VII--Finance, Subtitle A--Tax, Chapter 1--Providing Permanent Tax Relief for Middle-Class Families and Workers, Sec. 70101: Extension and Enhancement of Reduced Rates, Sec. 70105: Extension and Enhancement of Deduction for Qualified Business Income, Sec. 70106: Extension and Enhancement of Increased Estate and Gift Tax Exemption Amounts, and Sec. 70111: Limitation on Tax Benefits of Itemized Deductions; Chapter 3-Establishing Certainty and Competitiveness for American Job Creators, Subchapter A--Permanent U.S. Business Tax Reform and Boosting Domestic Investment, Sec. 70301: Full Expensing for Certain Business Property, Sec 70303: Modification of Limitation on Business Interest, and Sec. 70306: Increased Dollar Limitations for Expensing of Certain Depreciable Business Assets; Chapter 4--Investing in American Families, Communities, and Small Businesses, Subchapter C--Permanent Investments in Community Development, Sec. 70421: Permanent Renewal and Enhancement of Opportunity Zones and Sec 70422: Permanent Enhancement of Low-Income Housing Tax Credit; Chapter 5:--Ending Green New Deal Spending, Promoting America-First Energy, and Other Reforms, Subchapter A--Termination of Green New Deal Subsidies, Sec 70507: Termination of Energy Efficient Commercial Buildings Deduction; Sec. 70508: Termination of New Energy Efficient Home Credit; Sec. 70512: Termination and Restrictions on Clean Electricity Production Credit; and Sec. 70513: Termination and Restrictions on Clean Electricity Investment Credit; Chapter 6--Enhancing Deduction and Income Tax Credit Guardrails, and Other Reforms, Sec. 70601: Modification and Extension of Limitation on Excess Business Losses by Noncorporate Taxpayers. Senate Finance Committee Reconciliation Legislation: Title VII--Finance, Subtitle A--Tax, Chapter 1--Providing Permanent Tax Relief for Middle-Class Families and Workers, Sec. 70101: Extension and Enhancement of Reduced Rates, Sec. 70105: Extension and Enhancement of Deduction for Qualified Business Income, Sec. 70106: Extension and Enhancement of Increased Estate and Gift Tax Exemption Amounts, and Sec. 70111: Limitation on Tax Benefit of Itemized Deductions; Chapter 3--Establishing Certainty and Competitiveness for American Job Creators, Subchapter A--Permanent U.S. Business Tax Reforms and Boosting Domestic Investment, Sec. 70301: Full Expensing for Certain Business Property, Sec. 70303: Modification of Limitation on Business Interest, and Sec. 70306: Increased Dollar Limitation for Expensing of Certain Depreciable Assets; Chapter 4--Investing in American Families, Communities, and Small Businesses, Subchapter C--Permanent Investments in Community Development, Sec. 70421: Permanent Renewal and Enhancement of Opportunity Zones and Sec. 70422: Permanent Enhancement of Low-Income Housing Tax Credit; Chapter 5--Ending Green New Deal Spending, Promoting America-First Energy and Other Reforms, Subchapter A--Termination of Green New Deal Subsidies, Sec. 70507: Termination of Energy Efficient Commercial Buildings Deduction, Sec. 70508: Termination of New Energy Efficient Home Credit, Sec. 70513: Phase-Out and Restrictions on Clean Electricity Production Credit, and Sec. 70512: Phase-Out and Restrictions on Clean Electricity Investment Credit; and Chapter 6--Enhancing Deduction and Income Tax Guardrails, and Other Reforms, Subchapter A--Enhancing Deduction Guardrails and Other Reforms, Sec 70601: Limitation on Individual Deductions for Certain State and Local Taxes, etc. (SALT) and Addressing SALT Workarounds and Sec. 70602: Extension and Modification of Limitation on Excess Business Losses of Noncorporate Taxpayers H.R. 703, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. S. 213, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. H.Con.Res. 14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034, provisions impacting tax policy Revenue-Raising Provisions NMHC opposes imposing the net investment income tax (NIIT) on active income while also potentially increasing the NIIT rate. NMHC opposes requiring 100-percent recapture of depreciation deductions as ordinary income for real estate. NMHC opposes restricting the deductibility of state and local taxes (e.g., income, property, and industry-related taxes) by pass-through entities and REITs. NMHC supports retaining current law with regard to like-kind exchanges. NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year. Low-Income Housing Tax Credit and Middle-Income Housing Tax Credit Workforce Housing Tax Credit: NMHC supports the establishment of a Workforce Housing Tax Credit to spur production of multifamily housing for households earning up to 100 percent of area median income. Low-Income Housing Tax Credit: We support increasing credit authority and reducing the bond financing test. We also support increasing the private-activity bond volume cap to increase the use of 4 percent Low-Income Housing Tax Credits S. 3436 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 6686 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 2725, Affordable Housing Credit Improvement Act of 2025, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular issues relating to increased tax credit authority and tax-exempt bond financing requirements. S. 1515, Affordable Housing Credit Improvement Act of 2025, a bill to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. Adaptive Reuse H.R. 2410, Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. Opportunity Zones NMHC supports: (1) Enabling States to recertify and/or redesignate Opportunity Zones to account for current economic realities and changes since Zones were originally designated; (2) Establishing new deferral deadlines so that taxpayers are incentivized to receive both a longer deferral period and the potential for a 10 percent or 15 percent basis increase with respect to reinvested capital gains; and (3) Reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. H.R. 5761 (118th Congress), Opportunity Zones Transparency, Extension, and Improvement Act, to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes, all provisions Tax Depreciation NMHC believes Congress should consider proposals to shorten the depreciation recovery period of multifamily structures while opposing measures to increase the 25 percent depreciation recapture rate applicable to sales. Also studied proposals to shorten depreciation recovery period of affordable multifamily housing units. Litigation and Tax Impact S. 1821, Tackling Predatory Litigation Funding Act, to amend the Internal Revenue Code of 1986 to establish a tax on income from litigation which is received by third-party entities that provided financing for such litigation, all provisions. H.R. 3512, Tackling Predatory Litigation Funding Act, to amend the Internal Revenue Code of 1986 to establish a tax on income from litigation which is received by third-party entities that provided financing for such litigation, all provisions. Tax Regulations Department of the Treasury and Internal Revenue Service, 26 CFR Part 1, TD 9992, RIN 1545-BQ36, Guidance on the Definition of Domestically Controlled Investment Entities. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, TD 10028, RIN 1545-BR07, Certain Partnership Related-Party Basis Adjustment Transactions as Transactions of Interest. Internal Revenue Service, Notice 2025-23, Notice of Intent to Remove 26 CFR 1.6011-18; Waiver of Penalties under Sections 6707A(a), 6707(a), and 6708; Withdrawal of Notice 2024-54.
Client expense: $2,720,000 · Firm income: Not reported
Government targets: Council of Economic Advisers (CEA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of Management & Budget (OMB), SENATE
2025 · second_quarter · Budget/Appropriations
H.R. 1; One Big Beautiful Bill Act - provisions related to fiscal cliff and budget reconciliation. H.R. 6953; Comprehensive Congressional Budget Act of 2024 - provisions related to empower committees and members to review and manage all policies in the federal budget. H. Con. Res. 14; Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. - provisions related to the 2025 Budget Reconciliation, specifically extending all Individual Tax Rates, rejecting Any Corporate Tax Increase, maintaining Tax Simplification, and ending Corporate Welfare from the Tax Cut and Jobs Act (TCJA). Issues related to reintroducing H.R. 7420; Responsible Budget Targets Act of 2022 Issues related to generally reducing federal spending. Issues related to reintroducing H.J. Rex. 80, proposing a balanced budget amendment to the Constitution of the United States. Issues related to the 2025 Budget Reconciliation, specifically on portions of the Natural Resources implications in energy extraction. Issues related to policy discussion around ways to empower Americas allies to invest in their own defense. Also discussed ways for America to meet future adversaries in naval defense. Issues related to DOGE and spending cuts/legislation. Issues related to leveraging reconciliation for budget process reform in the BBA space.
Client expense: $340,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
H.R. 1; One Big Beautiful Bill Act - provisions related to fiscal cliff and budget reconciliation. H.R. 6953: Comprehensive Congressional Budget Act of 2024 - provisions related to empower committees and members to review and manage all policies in the federal budget. S. 135; Prevent Government Shutdowns Act of 2023 - provisions related to taking shutdown brinksmanship off the table and returning congress to regular order. Issues related to making the Tax Cuts and Jobs Act permanent. H. Con. Res. 14; Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. - provisions related to the 2025 Budget Reconciliation, specifically extending all Individual Tax Rates, rejecting Any Corporate Tax Increase, maintaining Tax Simplification, and ending Corporate Welfare from the Tax Cut and Jobs Act (TCJA). Issues related to preserving lower and corporate tax rates during reconciliation. Issues related to proposed tax increases for top earners included in the reconciliation bill. Issues related to the SALT deduction in it's entirety, due to it incentivizing bad tax structures at the state level. Issues related to lowering the SALT cap.
Client expense: $340,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Retirement
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
Proposals to expand retirement plan coverage and adequacy, including proposals to reform the multiple employer plan rules. Proposals related to creating of new qualified retirement plans for small business. Work related to brokerage window investments. Proposals related to electronic disclosure of information under ERISA, the Internal Revenue Code, and securities law. Proposals related to remittance taxes. S. 1222/H.R. 2544, Financial Freedom Act. Technical Corrections to SECURE 2.0 Act of 2022. S. 2512, A bill to amend the Internal Revenue Code of 1986 to provide a credit for re-enrollment provisions in retirement plans of small employers. (118th Congress) S. 1831, Auto Reenroll Act. H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
529 Plans. Pass-Through Rates. Stepped-up Basis. 3.8% Net Investment Income Tax. Inflation Reduction Act of 2022. Tax Cuts and Jobs Act (TCJA), generally. Permanency of TCJA Section 199A Continuation of TCJA estate tax treatment. Revived expensing of research and development costs. Restoration of 100% bonus depreciation. Opposition to exclusionary labor mandates in IRA green tax credits. H.R. 703: the Main Street Tax Certainty Act. S.587: Death Tax Repeal Act of 2025. H. Con. Res. 14: the Republican budget resolution. 118th Congress: H.R. 3938, the Build It In America Act. H.R. 4721/S. 1706: the Main Street Tax Certainty Act. H.R. 4035: the Protecting Small Business Information Act of 2023. S. 1108: the Death Tax Repeal Act of 2023. H.R. 4820: the Transportation, Housing and Urban Development Appropriations Act. H.R. 7024: Tax Relief for American Families and Workers Act of 2024. H.R. 6833: the Improve and Enhance the Work Opportunity Tax Credit Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2025 · first_quarter · Government Issues
General Issues Regarding Regulatory Reform. Public Private Partnerships, generally. H. Con. Res. 14: the Republican budget resolution 118th Congress: H.R. 277: the Regulations from the Executive In Need of Scrutiny Act of 2023 (REINS). H.R. 2864: the Countering CCP Drones Act. S. 4792: Countering CCP Drones and Supporting Drones for Law Enforcement Act.
Client expense: $700,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)
2025 · first_quarter · Health Issues
The Supporting Underserved and Strengthening Transparency, Accountability, and Integrity Now and for the Future (SUSTAIN) 340B Act draft legislation from 118th Congress - all provisions. Continuing the federal Medicare telehealth geographic and site restriction waivers. Extending waivers for the federal Acute Hospital Care at Home program. Continued funding for the Medicare-Dependent Hospital and Low-Volume Hospital Adjustment programs. General concerns about Medicare underpayments to hospitals. H.R. 8702 & S. 4532 - Improving Seniors' Timely Access to Care Act of 2024 H.Con.Res.14 - Title II Section 201(b)(4).
Client expense: $40,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Medicare/Medicaid
The Supporting Underserved and Strengthening Transparency, Accountability, and Integrity Now and for the Future (SUSTAIN) 340B Act draft legislation from 118th Congress - all provisions. Continuing the federal Medicare telehealth geographic and site restriction waivers. Extending waivers for the federal Acute Hospital Care at Home program. Continued funding for the Medicare-Dependent Hospital and Low-Volume Hospital Adjustment programs. General concerns about Medicare underpayments to hospitals. H.R. 8702 & S. 4532 - Improving Seniors' Timely Access to Care Act of 2024 H.Con.Res.14 - Title II Section 201(b)(4).
Client expense: $40,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Budget/Appropriations
Monitor and engage on legislative and administrative action on appropriations and budget. Monitor and engage on legislative and administrative action related to implementation of the American Relief Act, 2025 (Public Law 118-158). Monitor and engage on legislative and administrative action related to FY2025 Interior, Environment, and Related Agencies Appropriations Acts. Monitor and engage on legislative and administrative action related to the uniformity of pesticide labeling. Monitor and engage on legislative action related to the 2025 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Acts. H.Con.Res. 14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. H.R. 1968, Full-Year Continuing Appropriations and Extensions Act, 2025.
Client expense: $2,950,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, White House Office
2025 · first_quarter · Health Issues
H.Con.Res.14 - Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034, provisions related to recommendations of changes in laws within the jurisdiction of the Senate Finance Committee and House Energy and Commerce Committee S.Con.Res.7- An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034, provisions related to the recommendations of changes in laws within the jurisdiction of the Senate Finance Committee and House Energy and Commerce Committee H.R. 869/S.343, Keep Our PACT Act, all provisions H.R. 1436/S.627, ENABLE Act, all provisions H.R. 1520, CharlotteWoodwardOrgan Transplant Discrimination Prevention Act, all provisions H.R. 1570/S.745, EmpoweringFamiliesin Special Education Act, all provisions H.R. 1621, Entrepreneurs with Disabilities Reporting Act of 2025, all provisions H.R. 1634, ThinkDIFFERENTLY About Disability Employment Act, all provisions H.R. 1757/S.73, EMPSA Act, all provisions H.R.1968 - Full-Year Continuing Appropriations and Extensions Act, 2025, provision related to funding of the congressionally directed medical research program H.R. 2036/S. 925, CreditforCaring Act of 2025, all provisions H.R. 2491/S.1227, ABC Act, all provisions H.R. 2540/S.1234, SSI Savings Penalty Elimination Act, all provisions H.R. 2560/S.830, Lifespan Respite Care Reauthorization Act of 2025, all provisions H.R. 2598/S.1277, IDEA Full Funding Act, all provisions Implementation of Public Law 118-80, Autism CARES Act of 2024, all provisions A bill not yet introduced to enhance incentives to create accessible and inclusive workplaces A bill not yet introduced to increase housing opportunities for people with disabilities A reconciliation bill not yet introduced, provisions related to Medicaid A bill not introduced related to Fiscal Year 2026 appropriations by the House, provisions related to funding autism research and services at the National Institutes of Health, Centers for Disease Control and Prevention, Health Resources and Services Administration; assistive technology programs and special education at the Department of Education; funding for the Kevin and Avonte's Law Program; and the congressionally directed medical research autism research program A bill not introduced related to Fiscal Year 2026 appropriations by the Senate, provisions related to funding autism research and services at the National Institutes of Health, Centers for Disease Control and Prevention, Health Resources and Services Administration; assistive technology programs and special education at the Department of Education; funding for the Kevin and Avonte's Law Program; and the congressionally directed medical research autism research program A bill not yet introduced to designate individuals with intellectual and developmental disabilities as a medically underserved population
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Medicare/Medicaid
Medicare Advantage (MA) Policy and Reimbursement Enactment of policies in Calendar Year (CY) 2024 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies Medicare Part D Issues Medicaid Policy Issues Including Dual Eligibles Pharmacy Benefit Managers (PBM) and Pharmacy Policy and Reimbursement Issues Home Health Policy and Reimbursement Issues Implementation of Inflation Reduction Act of 2022 Public Law No. 117-169 H.R.8702/S.4532, Improving Seniors Timely Access to Care Act (118th Congress) Prior Authorization Policy and Regulatory Issues CMS-4185-F2 Medicare Advantage Risk Adjustment Data Validation Final Rule Primary Care and Value-Based Care Policy and Reimbursement Clinical Policy Issues Including Workforce and Mental Health Calendar Year (CY) 2024 Home Health Prospective Payment System Final Rule (CMS-1780-F) Hospital Outpatient Prospective Payment System (OPPS): Remedy for the 340B-Acquired Drug Payment Policy for Calendar Years 2018-2022 Final Rule (CMS 1793-F) Implementation of CMS Interoperability and Prior Authorization final rule (CMS-0057-F) Calendar Year (CY) 2025 Home Health Prospective Payment System Final Rule (CMS-1803-F) Contract Year 2025 Medicare Advantage and Part D Final Rule (CMS-4205-F) Announcement of Calendar Year (CY) 2025 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies Final Calendar Year (CY) 2025 Part D Redesign Program Instructions Fiscal Year (FY) 2025 Hospice Payment Rate Update Final Rule (CMS-1810-F) Contract Year 2026 Policy and Technical Changes to the Medicare Advantage Program, Medicare Prescription Drug Benefit Program, Medicare Cost Plan Program, and Programs of All-Inclusive Care for the Elderly (CMS-4208-P) Calendar Year (CY) 2026 Advance Notice of Methodological Changes for Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies H.Con.Res.14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034 S.Con.Res.7, An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034
Client expense: $2,510,000 · Firm income: Not reported
Government targets: Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Office of Management & Budget (OMB), SENATE, White House Office
2025 · first_quarter · Budget/Appropriations
House Energy and Water FY2025 Senate Energy and Water FY 2025 H.R. 1968 Full-Year Continuing Appropriations and Extensions Act, 2025 - Making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes. H.R. 8997 Energy and Water Development and Related Agencies Appropriations Act, 2025 (118th Congress). H.Con.Res. 14 - Establishing the congressional budget for the United States Government for Fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. LIHEAP issues generally
Client expense: $480,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Tax Cuts and Job Act Permanency NMHC supports making permanent individual tax rates and the 20 percent qualified business income tax deduction that expire at the end of 2025. NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017 (TCJA). In TCJA, Congress, doubled the estate tax exclusion through 2025 while retaining a top tax rate of 40 percent and stepped-up basis rules. H.R. 703, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. S. 213, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. H.R. 4721 (118th Congress), Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. S. 1706 (118th Congress), Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. H.R. 1301, Death Tax Repeal Act, to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, all provisions. S. 587, Death Tax Repeal Act of 2025, a bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes, all provisions. H.Con.Res. 14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034, provisions impacting tax policy Revenue-Raising Provisions NMHC opposes imposing the net investment income tax (NIIT) on active income while also potentially increasing the NIIT rate. NMHC opposes requiring 100-percent recapture of depreciation deductions as ordinary income for real estate. NMHC opposes restricting the deductibility of state and local taxes (e.g., income, property, and industry-related taxes) by pass-through entities and REITs. NMHC supports retaining current law with regard to like-kind exchanges. NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year. H.R. 1091, Carried Interest Fairness Act of 2025, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities, all provisions S. 445, Carried Interest Fairness Act of 2025, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities, all provisions Low-Income Housing Tax Credit and Middle-Income Housing Tax Credit Workforce Housing Tax Credit: NMHC supports the establishment of a Workforce Housing Tax Credit to spur production of multifamily housing for households earning up to 100 percent of area median income. Low-Income Housing Tax Credit: We support increasing credit authority and reducing the bond financing test. We also support increasing the private-activity bond volume cap to increase the use of 4 percent Low-Income Housing Tax Credits S. 3436 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 6686 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 3238 (118th Congress), Affordable Housing Credit Improvement Act of 2023, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular provisions relating to increased tax credit authority and tax-exempt bond financing requirements. S. 1557 (118th Congress), Affordable Housing Credit Improvement Act of 2023, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular provisions relating to increased tax credit authority and tax-exempt bond financing requirements. Adaptive Reuse H.R. 2410, Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. H.R. 9002 (118th Congress), Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. S. 4693 (118th Congress), Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. Opportunity Zones NMHC supports: Enabling States to recertify and/or redesignate Opportunity Zones to account for current economic realities and changes since Zones were originally designated; (2) Establishing new deferral deadlines so that taxpayers are incentivized to receive both a longer deferral period and the potential for a 10 percent or 15 percent basis increase with respect to reinvested capital gains; and (3) Reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. H.R. 5761 (118th Congress), Opportunity Zones Transparency, Extension, and Improvement Act, to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes, all provisions Housing Preservation Draft legislative proposal, Housing Opportunities and Preservation Enhancement Act of 2025, to preserve aging affordable rental housing properties by creating tax incentives for individual investors that fund rehabilitation and preservation of existing affordable rental housing, all provisions. Brownfields H.R. 815, Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025, to amend the Internal Revenue Code of 1986 to extend expensing of environmental remediation costs, all provisions. Role of Partnerships Promotion of partnerships as business entity. Tax Regulations Department of the Treasury and Internal Revenue Service, 26 CFR Part 1, TD 9992, RIN 1545-BQ36, Guidance on the Definition of Domestically Controlled Investment Entities. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, TD 10028, RIN 1545-BR07, Certain Partnership Related-Party Basis Adjustment Transactions as Transactions of Interest. Potential Congressional Review Act legislation to nullify Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, TD 10028, RIN 1545-BR07, Certain Partnership Related-Party Basis Adjustment Transactions as Transactions of Interest. Income and rent limits under Internal Revenue Code Sections 42 and 142: Considered signing letter to request that Treasury and Internal Revenue Service issue guidance clarifying that: (1) the Housing and Economic Recovery Act of 2008 (HERA) income rules related to hold harmless start no later than allocation or low-income housing tax credit determination; (2) hold harmless and HERA Special incomes do not reset upon resyndication; and (3) hold harmless treatment would apply at the national non-metro amount for rural projects.
Client expense: $1,820,000 · Firm income: Not reported
Government targets: Council of Economic Advisers (CEA), Energy, Dept of, Environmental Protection Agency (EPA), Federal Communications Commission (FCC), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Vice President of the U.S.
2025 · first_quarter · Agriculture
H.R. 8467 Farm, Food, and National Security Act of 2024 S. 2564 CROP for Farming Act H.R. 5922 CROP for Farming Act H. Con. Res. 14 - Reconciliation budget resolution
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act H.R. 7176: Unlocking our Domestic LNG Potential Act of 2024 Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $110,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2024 · third_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act H.R. 7176: Unlocking our Domestic LNG Potential Act of 2024 Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $120,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2024 · second_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act H.R. 7176: Unlocking our Domestic LNG Potential Act of 2024 Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $170,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2024 · first_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $220,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2023 · fourth_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $220,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2023 · third_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $120,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2023 · second_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $160,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)
2023 · first_quarter · Fuel/Gas/Oil
H.R.1: Lower Energy Costs Act H.R. 1121: Protecting American Energy Production Act H.R. 1058: Promoting Cross-border Energy Infrastructure Act H.Con.Res. 14: a resolution expressing disapproval of the revocation by President Biden of the Presidential permit for the Keystone XL pipeline H.Con.Res. 17: a resolution expressing the sense of Congress that the Federal Government should not impose any restrictions on the export of crude oil or other petroleum products. H.R. 1130: Unlocking Our Domestic LNG Potential Act H.R. 1115: Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R.1141: Natural Gas Tax Repeal Act H.R.22: Protecting Americas Strategic Petroleum Reserve from China Act S.9: Protecting Americas Strategic Petroleum Reserve from China Act H.R.21: Strategic Production Response Act S.23: Promoting Cross-border Energy Infrastructure Act S.989: North American Energy Act Issues related to methane/GHG emissions Issues related to permitting reform
Client expense: $220,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Small Business Administration (SBA)