Municipal Bond Market Support Act of 2008

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) S. 1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act S. 3254, the Small Bank Tax Equity Act S. 3335, the Jobs, Energy, Families, and Disaster Relief Act of 2008 (provisions to extend business-related tax provisions) H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1424, the Emergency Economic Stabilization Act H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. H.R. 2834, to amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 3997, the Emergency Economic Stabilization Act H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) H.R. 6601, the Small Business Tax Modernization Act of 2008 (all provisions) H.R. 7060, the Renewable Energy and Job Creation Tax Act of 2008 (business tax provisions, revenue offsets) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions) Proposed amendment to Section 67(e) tax deductibility of trustee fees

Client expense: $2,340,000 · Firm income: Not reported

Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $120,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) S. 1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act S. 3254, the Small Bank Tax Equity Act S. 3335, the Jobs, Energy, Families, and Disaster Relief Act of 2008 (provisions to extend business-related tax provisions) H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1424, the Emergency Economic Stabilization Act H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. H.R. 2834, to amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 3997, the Emergency Economic Stabilization Act H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) H.R. 6601, the Small Business Tax Modernization Act of 2008 (all provisions) H.R. 7060, the Renewable Energy and Job Creation Tax Act of 2008 (business tax provisions, revenue offsets) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions) Proposed amendment to Section 67(e) tax deductibility of trustee fees Proposals to increase net operating loss carryback provisions Proposals to modify or eliminate Internal Revenue Service provisions (Notice 2008-83) affecting loss deductibility in bank mergers

Client expense: $1,930,000 · Firm income: Not reported

Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office

H.R. 5267 (Business Activity Tax Simplification Act of 2008); Valuation safe harbor under IRC section 475 mark-to-market requirements; Valuation of CDOs and related securities for purposes of section 475; Taxation of credit default swaps; taxation of national principal contracts; H.R. 3970 (Tax Reduction and Reform Act of 2007)/ H.R. 878 (Simplification Through Additional Reporting Tax Act)/ S. 601(Simplification Through Additional Reporting Tax Act)/ H.R. 5720 (Housing Assistance Tax Act)/ H.R. 3221(Housing and Economic Recovery Act)/ S. 3335 (Tax Relief Extension Act)/ H.R. 6049 (Energy and Tax Extenders Act)/ H.R. 7060 (Renewable Energy and Job Creation Tax Act)/ H.R. 7201 (Energy Improvement and Extension Act)/ H.R.1424 (Emergency Economic Stabilization Act): (adjusted basis reporting requirements for brokers and delay in filing deadline for 1099 statement); H.R. 1509 (To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income)/ H.R. 6049 (Energy and Tax Extenders Act)/ S. 3125 (Energy Independence and Tax Relief Act )/ S. 2886 (Alternative Minimum Tax and Extenders Tax Relief Act)/ S. 3335 (Tax Relief Extension Act)/ S. 940 (To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income)/ S. 3098 (Alternative Minimum Tax and Extenders Tax Relief Act)/ H.R. 7060 (Renewable Energy and Job Creation Tax Act)/ H.R. 7202 (Temporary Tax Relief Act)/ H.R. 1424 (Emergency Economic Stabilization Act): (active financing exception under Subpart F); Tax treatment of derivatives generally; Tax patent reporting; Foreign tax credit rules (including proposed "technical taxpayer" rule, noncompulsory payment rules); Allocation of income and deductions from global securities dealing operations; OECD project on attribution of profits to permanent establishments; Withholding tax consequences of self tenders and other distributions analyzed under IRC section 302; OECD Forum on Tax Administration's project on tax intermediaries and banks; OECD and EU projects on provision of treaty withholding tax relief when investment is made through collective investment vehicles or other intermediated structures; Arbitration provisions in OECD Model Tax Convention, U.S. bilateral tax treaties, U.S. Model Treaty; International reform generally, including importance of interest expense allocation rules; IRS Form W-8 and instructions; Currency gains and losses of qualified business units under IRC section 987; Cross-border equity swaps; H.R. 4912 (Tax treatment of prepaid derivatives contracts); OECD request for comments on transactional profit methods; IRS Section 265 (b) safe harbor concerning interest expense deductibility; Revenue Procedure 2008-28 (effect of loan modifications on tax status of REMICs and other securitization vehicles); Tax reporting with respect to widely-held fixed investment trusts (Treas. Reg. section 1.671-5); H.R. 6333 (Municipal Bond Market Support Act)/ S. 3518 (Municipal Bond Market Support Act):(municipal bond tax provisions); H.R. 1424 (Emergency Economic Stabilization Act)/ H.R. 6049 (Energy and Tax Extenders Act)/ S. 3125 (Energy Independence and Tax Relief Act)/ S. 3335 (Tax Relief Extension Act): (executive compensation tax provisions); H.R. 1424 (Emergency Economic Stabilization Act) (tax-related regulatory issues relating to EESA programs); Economic Stimulus legislation (carryback of net operating losses; tax-exempt bond provisions; REMICs, modifications of energy tax credits).

Client expense: $1,320,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

S. 1677 (Currency Reform and Financial Markets Access Act) (International Economic Coordination/Market Access); Fee Based Brokerage Accounts; Soft Dollars; Client Commission Arrangements; 12B-1 Fees; Global Capital Markets Competitiveness; Hedge Funds, private pools of capital, asset management issues; S. 1782 (Arbitration Fairness Act); H.R. 3010 (Arbitration Fairness Act); H.R. 3225 (Mutual Fund Fee Reform Act); Sovereign Wealth Funds; Auction Rate Securities Market; Rule 15a-6 (Facilitating foreign broker dealer cross-border access to US sophisticated investors); H.R. 6333 (The Municipal Bond Market Support Act); S. 3518 (The Municipal Bond Market Support Act); H.R. 6308 (Municipal Bond Fairness Act); Credit Ratings for Structured Finance Products; SEC Nominations; Cross border securities activities; Section 13(d) ownership of equity swaps; Regulatory restructuring/discount window access; H.R. 5720 (Housing Assistance Tax Act) (Foreclosure Prevention); H.R. 3221 (Foreclosure Prevention Act of 2008); S. 2636 (Foreclosure Prevention Act of 2008); Treasury Blueprint/Regulatory Restructuring; H.R. 1424 (Emergency Economic Stabilization Act); H.R. 6482 (To direct the Securities and Exchange Commission to establish both a process by which asset-backed instruments can be deemed eligible for NRSRO ratings and an initial list of such eligible asset-backed instruments); Financial Services Regulatory Restructuring; S. 3714 (Derivatives Trading Integrity Act of 2008); Regulation of Credit Default Swaps; G-20 Summit (discussion paper submitted outlining SIFMA's broad principles for Global Modernization of Financial Supervision and Regulation).

Client expense: $1,320,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 1171 Money Market Fund Parity Act of 2007 (mutual fund competitiveness) H.R. 1257 Shareholder Vote on Executive Compensation Act (proxy vote disclosure) H.R. 3225 Mutual Fund Fee Reform Act (12b-1 fees) H.R. 6308 Municipal Bond Fairness Act H.R. 6333 Municipal Bond Market Support Act of 2008 H.R. 6377 Energy Markets Emergency Act of 2008 H.R. 6604 Commodity Markets Transparency and Accountability Act of 2008 H.R. 6796 VULTURE Funds Act S. 2136 Helping Families Save Their Homes in Bankruptcy Act of 2007 (mortgage modification) S. 3445 Comprehensive Iran Sanctions, Accountability and Divestment Act of 2008 S. 3714 Derivatives Trading Integrity Act of 2008 (CDS) Financial Regulatory Structure Modernization Closed-End Funds / AMPS Money Market Mutual Fund Guarantee Program

Client expense: $953,384 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Federal courthouse siting and construction. Infrastructure financing proposals (e.g. S. 1926, National Infrastructure Bank Act). Municipal bond and capital access incenetive and enhancement proposals (e.g. H.R. 6333).

Client expense: Not reported · Firm income: $40,000

Government targets: Energy, Dept of, General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Transportation Security Administration (TSA), Transportation, Dept of (DOT)

Federal courthouse authorization level. Infrastructure financing proposals (e.g. S. 1926, National Infrastructure Bank Act). Municipal bond incentive and enhancement proposals (e.g. H.R. 6333).

Client expense: Not reported · Firm income: $50,000

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Energy, Dept of, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Transportation, Dept of (DOT)

Valuation of land exchange. Municipal bond incentive and enhancement proposals (e.g. H.R. 6333).

Client expense: Not reported · Firm income: $30,000

Government targets: Defense, Dept of (DOD), Federal Aviation Administration (FAA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), SENATE, Transportation, Dept of (DOT)

Infrastructure financing proposals (e.g. S. 1926, National Infrastructure Bank Act). H.R. 2578 / S. 1627, Empowerment Zone and Renewal Community Enhancement Act. Municipal bond and capital access incentive and enhancement proposals (e.g. H.R. 6333).

Client expense: Not reported · Firm income: $90,000

Government targets: Bureau of Justice Assistance, Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Natl Park Service (NPS), Navy, Dept of, Office of Justice Program, SENATE

Municipal bond incentives and private activity bond enhancement proposals (e.g. H.R. 6333).

Client expense: Not reported · Firm income: $40,000

Government targets: Army, Dept of (Corps of Engineers), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Transportation, Dept of (DOT)

H.R. 3498, Neighborhood Reclamation and Revitalization Act. Legislative proposals and discretionary competitive funding for vacant property demolition initiatives. Coast Guard facility development and land transfer. Municipal bond and capital access incentive and enhancement proposals (e.g. H.R. 6333).

Client expense: Not reported · Firm income: $30,000

Government targets: Administration on Aging, Army, Dept of (Corps of Engineers), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT)

H.R. 1424 Emergency Economic Stabilization Act; H.R. 958 Data Accountability and Trust Act; S. 1178 Identity Theft and Prevention Act; S. 495 Personal Data Privacy and Security Act of 2007; 1525 Internet Spyware (I-SPY) Prevention Act of 2007; H.R. 964 Spy Act, S. 2168 Identity Theft Enforcement and Restitution Act of 2007; H.R. 948 The Social Security Number Protection Act of 2007; S. 239 The Notification of Risk to Personal Data Act of 2007; HR 3221 - Foreclosure Prevention Act of 2008; HR 6308 - Municipal Bond Fairness Act; HR 6333 - Municipal Bond Market Support Act; S. 1202 - The Personal Data Protection Act of 2007

Client expense: $370,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Monitor and support for H.R. 6308 - Municipal Bond Fairness Act of 2008 & H.R. 6333 Municipal Bond Support Act of 2008.

Client expense: Not reported · Firm income: $40,000

Government targets: Army, Dept of (Corps of Engineers), Centers For Medicare and Medicaid Services (CMS), Federal Transit Administration (FTA), HOUSE OF REPRESENTATIVES, SENATE

HR 5267 / HR 1956 Business Activity Tax Simplification Act, regarding establishment of a physical nexus standard; HR 3970 Tax Reduction and Reform Act; HR 7300 Internal Revenue Code Sec 382; HR 3359 Mobile Workforce State Income Tax Fairness and Simplification Act; HR 1023 / S 777 Withholding Tax Relief Act; HR 2167 / S 1141, regarding IRA reforms; HR 6333 / S 3518 Municipal Bond Market Support Act; Issues regarding homebuyer tax incentives; Issues regarding treatment of net operating losses; Issues regarding low-income housing credit; Issues regarding New Markets Tax Credit; Issues regarding treatment of general business credits; Issues regarding deductibility of trustee fees.

Client expense: $820,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Education, Dept of, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

HR 2380, Death Tax Repeal Permanency Act of 2007 HR 2, Fair Minimum Wage Act of 2007 (S corp. and small business tax relief provisions) HR 976, Small Business Tax Relief Act of 2007 HR 4840/S.3063, S Corporation Modernization Act of 2007 HR 1869, Community Banks Serving Their Communities First Act S 1405, Community Banks Serving Their Communities First Act HR 3648, Mortgage Forgiveness Debt Relief Act (mortgage debt tax reform) HR 5720, Housing Assistance Tax Act of 2008 S 1988, First-Time Homebuyers' Tax Credit Act of 2007 HR 5140, Recovery Rebates and Economic Stimulus for the American People Act of 2008 (small business provisions) S 2566, Homebuyer Tax Credit HR 6275 Alternative Minimum Tax Relief Act HR 6049 Renewable Energy and Job Creation Act (small business provisions) S 2886 AMT and Extenders Tax Relief Act HR 3874 Small Business Growth and Opportunity Act First time home buyer tax credit S 3254, Bank Limited Liability Act of 2008 Tax treatment of losses on Fannie Mae/Freddie Mac preferred stock HR 1424 Emergency Economic Stabilization Act of 2008 HR 6333 Municipal Bond Support Act

Client expense: $1,230,000 · Firm income: Not reported

Government targets: Export-Import Bank of the United States (EXIM Bank), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

H.R. 6308, "Municipal Bond Fairness Act," issues related to Treasury collection of information on financial guaranty issuers. H.R. 6333, "Municipal Bond Market Support Act of 2008," issues related to financial guaranty insurers. H.R. 1424, "Emergency Economic Stabilization Act of 2008," issues related to the purchase and guaranty of assets.

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 6308, "Municipal Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipal Bond Market Support Act of 2008," issues related to financial guaranty insurers.

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $120,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $120,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 6308, "Municipial Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipial Bond Market Support Act of 2008," issues related to financial guaranty insurers.

Client expense: Not reported · Firm income: $10,000

Government targets: HOUSE OF REPRESENTATIVES

Monitor and support for H.R. 6308 - Municipal Bond Fairness Act of 2008 & H.R. 6333 - Municipal Bond Support Act of 2008.

Client expense: Not reported · Firm income: $30,000

Government targets: Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE

S. 1677 (International Economic Coordination/Market Access); S. 577 (OTC Derivatives); Fee Based Brokerage Accounts; Soft Dollars; Client Commission Arrangements; 12B-1 Fees; Global Capital Markets Competitiveness; Hedge Funds, private pools of capital, asset management issues; S. 1782/ H.R. 3010 (Arbitration Fairness); H.R. 3225 (Mutual Fund Fee Reform Act); Sovereign Wealth Funds; Auction Rate Securities Market; Mutual Recognition; Rule 15a-6; Municipal bonds; H.R. 6333/ S. 3518 (The Municipal Bond Market Support Act); H.R. 6308 (Municipal Bond Fairness Act); Credit Ratings for Structured Finance Products; SEC Nominations; Cross border securities activities; Section 13(d) ownership of equity swaps; Regulatory restructuring/discount window access; H.R. 5720/ H.R. 3221 (Foreclosure Prevention Act of 2008); S. 2636 (Foreclosure Prevention Act of 2008); Treasury Blueprint/Regulatory Restructuring; H.R. 1424 (Emergency Economic Stabilization Act); H.R. 6482 (credit ratings for asset-backed instruments).

Client expense: $1,430,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 3970/ H.R. 878/ S. 601/ H.R. 5720/ H.R. 3221/ S. 335/ H.R. 6049/ H.R. 7060/ H.R. 7201/ H.R.1424 (adjusted basis reporting requirements for brokers and delay in filing deadline for 1099 statement); H.R. 1509/ H.R. 6049/ S. 3125/ S. 2886/ S. 3335/ S. 940/ S. 3098/ H.R. 7060/ H.R. 7202/ H.R. 1424 (active financing exception under Subpart F); H.R. 5267 (Business Activity Tax Simplification Act of 2008); Valuation safe harbor under IRC section 475 mark-to-market requirements; Valuation of CDOs and related securities for purposes of section 475; IRS Notice 2006-97 concerning excess inclusion income of REIT taxable mortgage pools; Exchange traded notes/prepaid forwards (Notice 2008-2); Taxation of credit default swaps; taxation of notional principal contracts; Tax treatment of derivatives generally; Tax patent reporting; Foreign tax credit rules (including proposed "technical taxpayer" rule, noncompulsory payment rules); Allocation of income and deductions from global securities dealing operations; OECD project on attribution of profits to permanent establishments; Withholding tax consequences of self tenders and other distributions analyzed under IRC section 302; OECD Forum on Tax Administration's project on tax intermediaries and banks; OECD and EU projects on provision of treaty withholding tax relief when investment is made through collective investment vehicles or other intermediated structures; Arbitration provisions in OECD Model Tax Convention, U.S. bilateral tax treaties, U.S. Model Treaty; International reform generally, including importance of interest expense allocation rules; IRS Form W-8 and instructions; Currency gains and losses of qualified business units under IRC section 987; Cross-border equity swaps; IRS Notice 97-66 (foreign-to-foreign securities loans); H.R. 4912 (Tax treatment of prepaid derivatives contracts); OECD request for comments on transactional profit methods; IRS Section 265 (b) safe harbor concerning interest expense deductibility; Revenue Procedure 2008-28 (effect of loan modifications on tax status of REMICs and other securitization vehicles); Tax reporting with respect to widely-held fixed investment trusts (Treas. Reg. section 1.671-5); H.R. 6333/ S. 3518 (municipal bonds); H.R. 1424/ H.R. 6049/ S. 3125/ S. 3335 (executive compensation tax provisions).

Client expense: $1,430,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

HR 5267 and HR 1956 Business Activity Tax Simplification Act of 2008, regarding establishment of a physical nexus standard; HR 3221/ S 2136 Help Families Save Their Homes in Bankruptcy, regarding interest allocation, merchant payment report, and tax credits; HR 6049/S 3335 Renewable Energy and Job Creation Act, regarding qualified zone academy bonds, wind energy tax credits, solar tax and renewable energy bonds; HR 6275 Alternative Minimum Tax Relief Act, regarding merchant payment reporting; HR 3359 Mobile Workforce State Income Tax Fairness and Simplification Act, regarding state taxation of nonresidents; HR 5719 Taxpayer Assistance and Simplification Act, regarding health savings account payment substantiation; HR 1023/S 777 Witholding Tax Relief Act, regarding TIPRA witholding on government payments; S 1850 Tribal Government Tax-Exempt Bond Parity Act, regarding tribal tax-exempt bonds; HR 2167/S 1141, regarding IRA forms; HR 4912, regarding taxation of derivative instruments; HR 6333/S 3518 Municipal Bond Market Support Act, regarding financial institutions tax exempt interest expense; HR 1424 Emergency Economic Stabilization Act, regarding impact on banking and Trouble Asset Relief Program (TARP) tax issues, subpart F/active financial services income, basis reporting, qualified zone academy bonds, wind energy tax credits, clean renewable energy bonds, new markets tax credit and solar energy tax credits; General issues involving US-Canada income tax treaty; General issues on Dual consolidated loss regulations.

Client expense: $1,010,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Education, Dept of, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

H.R. 1424 Emergency Economic Stabilization Act; H.R. 958 Data Accountability and Trust Act; S. 1178 Identity Theft and Prevention Act; S. 495 Personal Data Privacy and Security Act of 2007; 1525 Internet Spyware (I-SPY) Prevention Act of 2007; H.R. 964 Spy Act, S. 2168 Identity Theft Enforcement and Restitution Act of 2007; H.R. 948 The Social Security Number Protection Act of 2007; S. 239 The Notification of Risk to Personal Data Act of 2007; HR 3221 - Foreclosure Prevention Act of 2008; HR 6308 - Municipal Bond Fairness Act; HR 6333 - Municipal Bond Market Support Act; S. 1202 - The Personal Data Protection Act of 2007

Client expense: $360,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

H.R. 275 Global Online Freedom Act of 2007 H.R. 1171 Money Market Fund Parity Acto of 2007 (mutual fund competitiveness) H.R. 1257 Shareholder Vote on Executive Compensation Act (proxy vote disclosure) H.R. 3225 Mutual Fund Fee Reform Act (12b-1 fees) H.R. 3997 Emergency Economic Stabilization Act of 2008 (Troubled Assets) H.R. 6308 Municipal Bond Fairness Act H.R. 6333 Municipal Bond Market support Act of 2008 H.R. 6377 Energy Markets Emergency Act of 2008 H.R. 6604 Commodity Markets Transparency and Accountability Act of 2008 H.R. 6796 VULTURE Funds Act S. 2136 Helping Families Save Their homes in Bankruptcy Act of 2007 (subprime) S. 3130 Increasing Transparency and ACcountability in Oil Prices Act of 2008 S. 3268 Stop Excessive Energy Speculation Act of 2008 Commodity Index Funds (Lieberman) U.S. Capital Markets Competitiveness Financial Regulatory Structure Modernization (Treasury Blueprint) Closed-End Funds / AMPS Money Market Mutual Fund Guaranty Plan

Client expense: $1,240,256 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 6308, "Municipal Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipal Bond Market Support Act of 2008," issues related to financial guaranty insurers. H.R. 1424, "Emergency Economic Stabilization Act of 2008," issues related to the purchase and guaranty of assets.

Client expense: Not reported · Firm income: $30,000

Government targets: Executive Office of the President (EOP), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) S. 1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act S. 3254, the Small Bank Tax Equity Act S. 3335, the Jobs, Energy, Families, and Disaster Relief Act of 2008 (provisions to extend business-related tax provisions) H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1424, the Emergency Economic Stabilization Act H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. H.R. 2834, to amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 3997, the Emergency Economic Stabilization Act H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) H.R. 6601, the Small Business Tax Modernization Act of 2008 (all provisions) H.R. 7060, the Renewable Energy and Job Creation Tax Act of 2008 (business tax provisions, revenue offsets) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions) Proposed amendment to Section 67(e) tax deductibility of trustee fees

Client expense: $2,340,000 · Firm income: Not reported

Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 6049 Renewable Energy and Job Creation Act, regarding providing new markets, solar credits and interest allocation; HR 6275 Alternative Minimum Tax Relief Act, regarding merchant payment reporting; HR 3359 Mobile Workforce State Income Tax Fairness and Simplification Act, regarding state taxation of nonresidents; HR 5719 Taxpayer Assistance and Simplification Act, regarding health savings account payment substantiation; HR 1023 Withholding Tax Relief Act, regarding TIPRA withholding on government payments; S 1850 Tribal Government Tax-Exempt Bond Parity Act, regarding tribal tax-exempt bonds; Issues involving US-Canada income tax treaty; HR 4912 amend the Internal Revenue Code involving taxation of derivative instruments; HR 6333 Municipal Bond Market Support Act, regarding financial institutions tax exempt interest expense; HR 2419 Food, Conservation, and Energy Act, regarding modifications to IRS section 470.

Client expense: $1,150,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

S. 1677 (International Economic Coordination/Market Access); S. 577 (OTC Derivatives); Fee Based Brokerage Accounts; Soft Dollars; Client Commission Arrangements; 12B-1 Fees; Global Capital Markets Competitiveness; Hedge Funds, private pools of capital, asset management issues; S. 1782/HR 3010 (Arbitration Fairness); HR 3225 (Mutual Fund Fee Reform Act); Sovereign Wealth Funds; Auction Rate Securities Market; Mutual Recognition; Rule 15a-6; Municipal bonds; HR 6333 (The Municipal Bond Market Support Act); HR 6308 (Municipal Bond Fairness Act); Credit Ratings for Structured Finance Products; SEC Nominations; Cross border securities activities; Section 13(d) ownership of equity swaps; Regulatory restructuring/discount window access; HR 5720/HR 3221 (Foreclosure Prevention Act of 2008); S. 2636 (Foreclosure Prevention Act of 2008); Treasury Blueprint/Regulatory Restructuring.

Client expense: $1,050,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 958 Data Accountability and Trust Act; S. 1178 Identity Theft and Prevention Act; S. 495 Personal Data Privacy and Security Act of 2007; 1525 Internet Spyware (I-SPY) Prevention Act of 2007; H.R. 964 Spy Act, S. 2168 Identity Theft Enforcement and Restitution Act of 2007 H.R. 948 The Social Secutiy Number Protection Act of 2007; S. 239 The notification of Risk to Personal Data Act of 2007 HR 3221 - Foreclosure Prevention Act of 2008 HR 6308 - Municipal Bond Fairness Act HR 6333 - Municipal Bond Market Support Act S. 1202 - The Personal Data Protection Act of 2007

Client expense: $380,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2091 - To Amend the Internal Revenue Code of 1986; H.R. 6333 - Municipal Bond Market Support Act of 2008; H.R. 6308 - Municipal Bond Fairness Act

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 6049 Renewable Energy and Job Creation Act regarding providing new market, solar credits and interest allocation; HR 6275 Alternative Minimum Tax Relief Act regarding merchant payment reporting; HR 3359 Mobile Workforce State Income Tax Fairness and Simplification Act regarding state taxation of nonresidents; HR 5719 Taxpayer Assistance and Simplification Act, regarding health savings account payment substantiation; HR 1023 Withholding Tax Relief Act, regarding TIPRA witholding on government payments; S 1850 Tribal Government Tax-Exempt Bond Parity Act on tribal tax-exempt bonds; Issues involving US-Canada income tax treaty; HR 4912 amend the Internal Revenue Code involving taxation of derivative instruments; HR 6333 Municipal Bond Market Support Act, regarding financial instituions tax exempt interest expense; HR 2419 Food, Conservation, and Energy Act involving modifications to IRS section 470.

Client expense: $1,150,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

H.R. 6308, "Municipial Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipial Bond Market Support Act of 2008," issues related to financial guaranty insurers.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES

H.R. 6308, "Municipial Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipial Bond Market Support Act of 2008," issues related to financial guaranty insurers.

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES

S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) S. 1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. H.R. 2834, to amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions)

Client expense: $1,890,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of Management & Budget (OMB), SENATE, Treasury, Dept of, White House Office

H.R. 6308, "Municipial Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipial Bond Market Support Act of 2008," issues related to financial guaranty insurers.

Client expense: Not reported · Firm income: Not reported

H.R. 6308, "Municipial Bond Fairness Act," issues related to Treasury collection of information on financial guaranty insurers. H.R. 6333, "Municipial Bond Market Support Act of 2008," issues related to financial guaranty insurers.

Client expense: Not reported · Firm income: Not reported