CLEANER Buildings Act

FY2020 Interior Appropriations (H.R. 3052 & S. 2580, incorporated into and enacted as H.R. 3051 (P.L. 116-69)) -- ESA funding, species riders FY2020 Energy and Water appropriations (H.R. 2960 & S. 2470, incorporated into and enacted as H.R. 3051 (P.L. 116-69)) -- Army Corps

Client expense: Not reported · Firm income: Not reported

Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Natl Park Service (NPS), Office of Management & Budget (OMB), SENATE, U.S. Fish & Wildlife Service (USFWS)

FY2020 Interior Appropriations (H.R. 3052 & S. 2580, incorporated into and enacted as H.R. 3051 (P.L. 116-69)) -- conservation accounts

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

Government targets: Agriculture, Dept of (USDA), Bureau of Land Management (BLM), Council on Environmental Quality (CEQ), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Natl Park Service (NPS), Office of Management & Budget (OMB), SENATE, U.S. Fish & Wildlife Service (USFWS), U.S. Forest Service

Support for the following legislative initiatives: Green Real Deal Resolution (H.Res. 288); Super Pollutants Act of 2019 (S.2325; H.R. 4143); reducing emissions through voluntary reporting on the federal level; Streamlining Energy Efficiency for Schools Act (S. 253; H.R. 762); Materials Pilot Program at the Department of Energy (S. 520); Energy Savings and Building Efficiency Act (H.R. 3586); the Energy Savings and Industrial Competitiveness Act (S.2137; H.R. 3962); Smart Manufacturing Leadership Act (S. 715; H.R. 1633); Bulb Replacement Improving Government with High-efficiency Technology Act ("BRIGHT" Act) (S. 1874); Energy Savings Through Public-Private Partnerships Act (S. 1706; H.R. 3079); Commercial, Low Emissions and Net Energy Reduction Buildings Act (H.R. 3051); Smart Building Acceleration Act (H.R. 2044); CHP Support Act (H.R. 1480); All-of-the-Above Federal Building Energy Conservation Act (S.1245); Federal Energy and Water Management Performance Act (S.1857;H.R. 3962); Smart Energy and Water Efficiency Act (H.R. 2019; H.R. 2665); Weatherization Enhancement and Local Energy Efficiency Investment and Accountability Act (S.983); Utilizing Significant Emissions with Innovative Technologies (USE IT) Act (S. 383; H.R. 1166); Securing Energy for our Armed Forces Using Engineering Leadership Act (H.R. 3227); Small Scale LNG Access Act (S.816; H.R. 1836); Enhancing Fossil Fuel Energy Carbon Technology Act (S.1201); LEADING Act (S. 1685; H.R. 3828); Better Energy Storage Technology (BEST) Act (S. 1602; H.R. 2986); Joint Long-Term Storage Act (S.2048); Advancing Grid Storage Act (H.R. 1743); Enhancing State Energy Security Planning and Emergency Preparedness Act (S.2094); Expanding Access to Sustainable Energy Act (S.1183; H.R. 4447); Securing Americas Infrastructure Act (S.174); Enhancing State Energy Security Planning and Emergency Preparedness (H.R. 2114); America's Transportation Infrastructure Act of 2019 (S.2302); Reliable Investment in Vital Energy Reauthorization (RIVER) Act (S. 859; H.R. 3361); ARPA-E Reauthorization Act of 2019 (H.R.4091); Nuclear Waste Policy (S.1234; H.R. 2699); Sensible, Timely Relief for America's Nuclear Districts' Economic Development Act (STRANDED) Act of 2019 (S. 1985); Nuclear Energy Leadership Act (NELA) (S.903; H.R. 3306; H.R. 3358); Advanced Nuclear Fuel Availability Act (H.R. 1760); Energy Jobs for Our Heroes Act (S.876); Offshore Wind Jobs and Opportunity Act (S.1769); Fossil Energy Research and Development Act (H.R. 3607); Wind Energy Research and Development Act (H.R. 3609); Solar Energy Research and Development Act (H.R. 3597); Challenges & Prizes for Climate Act (H.R. 3100); Small Businesses Partnering with National Labs Act (S.2009; H.R. 3574); IMPACT for Energy Act (S.2005; H.R. 3575); Renewable Energy Certainty Act (H.R. 932); Public Land Renewable Energy Development Act of 2019 (H.R. 3794); American Energy Opportunity Act of 2019 (S.2447); Financing Our Energy Future Act (S.1841; H.R. 3249).

Depreciation Rules Requested Congress pass legislation or, alternatively, that the Treasury Department revisit Rev. Proc. 2019-08 and clarify through the regulatory process that firms electing out of limits on business interest deductibility may depreciate multifamily buildings placed in service prior to 2018 over 30 years. Business Interest Deductibility Department of Treasury and Internal Revenue Service, 26 CFR Part 1, REG-106089-18, RIN 1545-BO73, Limitation on Deduction for Business Interest Expense, issues pertaining to: (1) the interaction between the small business exception and the real estate trade or business election; and (2) the application of the REIT safe harbor to certain controlled partnerships. Section 199A Qualified Business Income Deduction H.R. 216, 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. 1149, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. Opportunity Zones Department of Treasury and Internal Revenue Service, 26 CFR Part 1, REG-115420-18, RIN 1545-BP03, Investing in Qualified Opportunity Funds. Department of the Treasury and Internal Revenue Service, 26 CFR Part 1, REG-120186-18, RIN 1545-BP04, Investing in Qualified Opportunity Funds. Department of the Treasury, Request for Information on Data Collection and Tracking for Qualified Opportunity Zones. Department of Housing and Urban Development, Office of the Assistant Secretary for Policy Development and Research (PD&R), Request for Information, Docket No. FR-6155-N-01, Review of HUD Policy in Opportunity Zones. Opportunity Zones: No bill introduced but support legislative change to reduce the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone substantial improvement purposes. S. 1344, to require the Secretary of the Treasury to collect data and issue a report on the opportunity zone tax incentives enacted by the 2017 tax reform legislation, and for other purposes, all provisions. H.R. 2593, to require the Secretary of the Treasury to collect data and issue a report on the opportunity zone tax incentives enacted by the 2017 tax reform legislation, and for other purposes, all provisions. Low-Income Housing Tax Credit, Middle-Income Housing Tax Credit, and Incentives for Housing Affordability H.R. 3077, Affordable Housing Credit Improvement Act of 2019, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. S. 1703, Affordable Housing Credit Improvement Act of 2019, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. H.R. 3479, Save Affordable Housing Act of 2019, to amend the Internal Revenue Code of 1986 to repeal the qualified contract exception to the extended low-income housing commitment rules for purposes of the low-income housing credit, and for other purposes, all provisions. S. 1956, Save Affordable Housing Act of 2019, to amend the Internal Revenue Code of 1986 to repeal the qualified contract exception to the extended low-income housing commitment rules for purposes of the low-income housing credit, and for other purposes, all provisions. S. 3365 (115th Congress), Middle-Income Housing Tax Credit Act of 2018, to provide a credit for middle-income housing, and for other purposes, all provisions. S. 1106, Rent Relief Act, to amend the Internal Revenue Code of 1986 to allow for a credit against tax for rent paid on the personal residence of the taxpayer, all provisions. Requested that any infrastructure bill include tax incentives to: expand the Low-Income Housing Tax Credit; enact the Middle-Income Housing Tax Credit; reduce the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes; repeal the Foreign Investment in Real Property Tax Act; extend the IRC Section 45L New Energy Efficient Home Credit; and extend and modify the IRC Section 179D Energy Efficient Commercial Buildings Deduction to facilitate investments in improving the utility performance of existing properties. Studied additional housing affordability legislative tax incentive proposals, including renters tax credit and tax-exempt bond financing for housing production within designated areas. Issues pertaining to LIHTC data collection. Energy Support extending Energy efficient homes credit (IRC 45L) and Energy efficient commercial buildings deduction (IRC 179D). Also support modifying 179D to incentivize retrofits and allow REITs to benefit. H.R. 3051, to amend the Internal Revenue Code of 1986 to extend by 2 years the energy efficient commercial buildings deduction, all provisions. H.R. 3301, The Taxpayer Certainty and Disaster Relief Act of 2019, to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, to provide disaster relief, and for other purposes. Section 129: Energy efficient homes credit. Section 131: Energy efficient commercial buildings deduction. Section 201: Reduction of unified credit against estate tax. S. 617, Tax Extender and Disaster Relief Act of 2019, to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, to provide disaster tax relief, and for other purposes. Section 110: Energy efficient homes credit. Section 113: Energy efficient commercial buildings deduction. S. 1288, Clean Energy for America Act, Title III -- Energy Efficiency Incentives: Section 301: Credit for new energy efficient residential buildings, Section 304: Deduction for new energy efficient commercial buildings, Section 305: Energy efficiency deduction for existing commercial buildings, and Section 306: Temporary extension of existing energy efficiency incentives Legislative tax proposal (Energy Efficient Qualified Improvement Property (E-QUIP)) to establish a 10-year depreciation period for high-performance energy-efficient qualified improvement property (i.e., heating, cooling, ventilation and hot water; lighting; and envelope) installed in a covered building, including a multifamily building. Carried Interest H.R. 1735, Carried Interest Fairness Act of 2019, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-through entities, all provisions. S. 781, Carried Interest Fairness Act of 2019, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-through entities, all provisions. S. 1639, Ending the Carried Interest Loophole Act, to amend the Internal Revenue Code of 1986 to revise the treatment of partnership interests received in connection with the performance of services, and for other purposes, all provisions. Foreign Investment in Real Property Tax Act (FIRPTA) H.R. 2210, Invest in America Act, to amend the Internal Revenue Code of 1986 to repeal certain provisions applicable to foreign investment in United States real property, all provisions.