To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction against individual income tax for interest on indebtedness and for State and local sales and excise taxes with respect to the purchase of certain motor vehicles.

See attached. Support S 3684 & HR 7273 to permit new car buyers to deduct interest and state sales tax on car loans. Support HR 6161 & HR 6441 to provide a tax credit to replace an older car and to purchase a new fuel-efficient car. Opposed S 3737 to provide $10,000 to an owner that turns in an old car and purchases a new car. Oppose HR 5560 and S 2555 to overturn the EPA decision on the California greenhouse gas waiver. Support a comprehensive, uniform federal standard to address greenhouse gas emissions. Review laws/regulations that would educate motorists on fuel economy savings/CO2 emission reductions from certain auto parts

Client expense: $80,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Energy, Dept of, Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), SENATE

Issues related to Hyundai's research, testing, production and other facilities in the U.S. (no specific legislation) Issues related to Hyundai's community relations and charitable contributions in the U.S. (no specific legislation) "Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009" (H.R. 2638) Bills to allow interest deductions against personal income for motor vehicles (S. 3684, H.R. 7273) "Accelerated Retirement of Inefficient Vehicles Act"

Client expense: $80,000 · Firm income: Not reported

H.R. 2380, "Death Tax Repeal Permanency Act of 2007", estate tax repeal; S. 3125, "Energy Independence and Tax Relief Act of 2008", Sec. 125, federal excise tax exclusion for auxiliary power units, and Sec. 232, extension of unrelated business income tax rules; H.R. 7060, Renewable Energy and Job Creation, Sec. 125, federal excise tax exclusion for auxiliary power units, and Sec. 230, extension of unrelated business income tax rules; H.R. 1424, "Emergency Economic Stabilization Act of 2008", Division B, Section 206, exclusion from heavy truck tax for idling reduction units and advanced insulation, and, Division C, Section 306, Modification of tax treatment of certain payments to controlling exempt organizations; S. 3684/H.R. 7273, "To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction against individual income tax for interest on indebtedness and for State sales and excise taxes with respect to the purchase of certain motor vehicles", entire bill.

Client expense: $888,000 · Firm income: Not reported

S. 2555, "Reducing Global Warming from Vehicles Act of 2008," (all); S. 2806, "Greenhouse Gas Endangerment finding Deadline and California Waiver Reconsideration Act," (all); H.R. 5560, "Right to Clean Vehicles Act," (all); H.R. 2033, "Design Piracy Prohibition Act," (all); H.R. 2694, "Motor Vehicle Owners right to Repair Act of 2007," (all); H.R. 5312, "Automobile Arbitration Fairness Act of 2008," (all); H.R. 5734, "Pedestrian Safety Enhancement Act of 2008," (all); H.R. 6559, S. 3303,"Open Fuel Standard Act of 2008," (all); H.R. 6899, "Comprehensive American Energy Security and Consumer Protection Act," (Pt. 2, Subtitle B); H.R. 6049, "Energy Improvement and Extension Act of 2008," (Plug-in Hybrid Vehicle Tax Credits); S. 3485, "Dual Fuel Automobile Act of 2008," (all); HR 3010, "Arbitration Fairness Act of 2007" (all); H.R. 7321, "Auto Industry Financing and Restructuring Act" (all); S. 3688, Title II, "Auto Industry Emergency Assistance;" H.R. 7273/S. 3684, dealing with auto loan interest deductibility (all) .

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 2555, H.R. 5560, Bills to allow California to control greenhouse gas emissions from motor vehicles. H.R. 1618, S. 1617 and other bills to provide tax credits for plug-in hybrids and other advanced technology vehicles. S. 3684, H.R. 7273, Bills to allow interest deductions against income tax with respect to motor vehicles. Toyota Motor Corporation exports motor vehicles to the U.S. and has 100% ownership of U.S. subsidiaries that manufacture, import and distribute vehicles and has an interest in stimulating new auto vehicle sales.

Client expense: $1,082,940 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Extension of Unrelated Business Income Tax (UBIT) Relief; S.3125, Energy Independence and Tax Relief Act of 2008; H.R.7060, Renewable Energy and Job Creation Act of 2008. S.3684/H.R.7273, Allow deduction for interest on indebtedness and states sales and excise taxes regarding certain automobile purchases; H.R.1624; H.R.1424, Emergency Economic Stabilization Act of 2008.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE