Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019

H.R. 2, Invest in America Act - provisions related to energy tax incentives; H.R. 2704, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 5409, Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019; H.R. 5523, Energy Sector Innovation Credit Act; H.R. 7330, Growing Renewable Energy and Efficiency Now (GREEN) Act; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 3032, the Renewable Energy Transferability Act; Tax credit transferability issues generally; Issues related to the IRS safe harbor provisions for wind projects;

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

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, State, Dept of (DOS), White House Office

H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 5409, the Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019 H.R. 7330, Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Normalization issues and storage investment tax credit; Monetization of tax credits.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Discussed support for the restoration of advance refunding bonds and H.R. 2772, the Investing in Our Communities Act. Discussed the need for comparable incentives for public power investments in clean energy and energy storage, including support for S. 1288, the Clean Energy for America Act. Discussed H.R. 2704, the Renewable Energy Transferability Act. Discussed credit transferability in H.R. 5523, the Energy Sector Innovation Act. Discussed support for H.R. 3967, the Municipal Bond Market Support Act. Discussed the sequestration of direct payment bonds and impact on public power utilities. Discussed H.R. 5409, the Incentivizing New and Valuable Energy Storage Technology (INVEST Act), and the need to ensure public power utilities have a comparable energy storage incentive. Discussed H.R. 2096, the Energy Storage Tax Incentive and Deployment Act, and the need to ensure public power utilities have a comparable energy storage incentive. Discussed tax credit refundability in the Growing Renewable Energy and Efficiency Now (GREEN) Act (draft legislation); also discussed provision in GREEN Act related to the direct payment of enhanced deduction for energy efficiency improvements by governmental owners. Discussed Internal Revenue Service private use rules relating to commercial contracts. Discussed provisions in H.R. 6201, the Families First Coronavirus Response Act, that deny payroll tax credits for government employers and impact on public power utilities. Discussed the possible inclusion of energy-related tax credits in H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act.

Client expense: $220,000 · Firm income: Not reported

H.R. 2074, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 3031, Taxpayer Certainty and Disaster Tax Relief Act of 2019; H.R. 5409, Incentivizing New and Valuable Energy Storage Technology Act of 2019; S. 617, Tax Extender and Disaster Relief Act of 2019; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 2038, related to transportation; S. 2039, related to transportation; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2704, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 5409, Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019; H.R. 5523, Energy Sector Innovation Credit Act; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 3032, the Renewable Energy Transferability Act; Tax credit transferability issues generally; Discussion Draft - Growing Renewable Energy and Efficiency Now (GREEN) Act ; H.R. 748/S. 3548 Coronavirus Aid Relief and Economic Security (CARES) Act Issues related to the IRS safe harbor provisions for wind projects;

Client expense: $650,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS)

The International Brotherhood of Electrical Workers (IBEW)supports passage of the Good Jobs for 21st Century Energy Act (S. 2185). This legislation would create a 10 percent tax credit for the construction of clean energy projects that meet certain labor standards. This legislation has the potential to provide employers with a significant incentive to employ thousands of IBEW members in building out low and zero carbon energy projects around the United States. The International Brotherhood of Electrical Workers (IBEW) supports passage of the Nuclear Powers America Act (H.R. 2314/S. 1134). This legislation would support the work of over 15,000 IBEW members by providing an investment tax credit for existing nuclear generation. The International Brotherhood of Electrical Workers (IBEW) supports the enactment of Incentivizing New and Valuable Energy Storage Technology (INVEST) Act (H.R. 5409), legislation that would provide an investment tax credit (ITC) for energy storage that would allow regulated utilities the ability to utilize the tax credit up front without havingto spread out savings over the life of a major capital project. This legislation has the potential to benefit several large IBEW employers build out energy storage project that would help support renewable energy generation and lower carbon emissions while creating union jobs.

Client expense: $108,424 · Firm income: Not reported

S. 3548, Coronavirus Aid, Relief, and Economic Security Act; Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019. H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D) S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D) H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48) S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48) H.R. 5409, Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019 (Investment tax credit for storage - Sec. 48) Renewable tax credits including placed-in-service IRS deadlines; transferability; direct pay; and normalization generally

Client expense: $2,740,241 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2074, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 3031, Taxpayer Certainty and Disaster Tax Relief Act of 2019; H.R. 5409, Incentivizing New and Valuable Energy Storage Technology Act of 2019; S. 617, Tax Extender and Disaster Relief Act of 2019; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 2038, related to transportation; S. 2039, related to transportation; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to tax credit transferability generally, including H.R. 2704, the Renewable Energy Transferability Act; H.R. 748, the Middle Class Health Benefits Tax Repeal Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 3301, the Taxpayer Certainty and Disaster Tax Relief Act of 2019; H.R. 5409, Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019; S. 617, the Tax Extender and Disaster Relief Act of 2019; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); House Ways and Means energy tax package; GREEN Act of 2019.

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

Government targets: Energy, Dept of, Federal Aviation Administration (FAA), Federal Energy Regulatory Commission (FERC), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), White House Office

Implementation of Tax Cuts and Jobs Act 2017 - interest deductibility, AMT credits, and issues impacting regulated utilities; global intangible low-taxed income (GILTI) H.R. 2096 - H.R.2096 - Energy Storage Tax Incentive and Deployment Act of 2019 (Storage Investment Tax Credit) S.1142 - Energy Storage Tax Incentive and Deployment Act of 2019 (Storage Investment Tax Credit) S 617 - Tax Extender and Disaster Relief Act of 2019 - energy tax credits H.R.5409 - Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019 (energy storage ITC) No specific legislation: Renewable energy, transportation electrification & electric vehicle tax credits

Client expense: $1,303,844 · Firm income: Not reported

H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D) S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D) H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48) S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48) H.R. 5409, Incentivizing New and Valuable Energy Storage Technology (INVEST) Act of 2019 (Investment tax credit for storage - Sec. 48) H.R. 2704, Renewable Energy Transferability Act Renewable tax credits and transferability generally

Client expense: $2,270,237 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2074, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 3031, Taxpayer Certainty and Disaster Tax Relief Act of 2019; H.R. 5409, Incentivizing New and Valuable Energy Storage Technology Act of 2019; S. 617, Tax Extender and Disaster Relief Act of 2019; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 2038, related to transportation; S. 2039, related to transportation; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019.

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

Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE

H.R. 358, Enhancing Grid Security through Public-Private Partnerships; H.R. 360, Cyber Sense Act and issues related to security of the supply chain; H.R. 362, Energy Emergency Leadership Act; H.R. 380, to amend the Federal Power Act to require the consideration of invasive species when prescribing fishways; H.R. 690, Securing Energy Infrastructure Act; H.R. 978, the Clean and Efficient Cars Act; H.R. 1166, the Utilizing Significant Emissions with Innovative Technologies (USE IT) Act; H.R. 1502, PURPA Modernization Act of 2019; H.R. 1685, the Launching Energy Advancement and Development through Innovations for Natural Gas Act of 2019; H.R. 1742, related to energy storage; H.R. 1743, Advancing Grid Storage Act; H.R. 1744, related to energy storage; H.R. 2114, Enhancing State Energy Security Planning and Emergency Preparedness Act; H.R. 2119, to amend the Energy Policy Act of 2005 to reauthorize grants for improving the energy efficiency of public buildings, and for other purposes; H.R. 2597, Clean Energy Standard Act; H.R. 2636, Smart Cities and Communities Act; H.R. 2664, All-of-the-Above Federal Building Energy Conservation Act; H.R. 2741, the LIFT America Act; H.R. 2986, the BEST Act; H.R. 3240, Public Engagement at FERC Act; H.R. 3361, to amend the Energy Policy Act of 2005 to reauthorize hydroelectric production incentives and hydroelectric efficiency improvement incentives; H.R. 3828, the Launching Energy Advancement and Development through Innovations for Natural Gas Act of 2019; H.R. 3915, to amend the America COMPETES Act to reauthorize the Advanced Research Projects Agency-Energy, and for other purposes; H.R. 5256, the FREEZER Act; H.R. 5374, Advanced Geothermal Research and Development Act of 2019; H.R. 5409, Incentivizing New and Valuable Energy Storage Technology Act; H.R. 5428, the Grid Modernization Research and Development Act; H.R. 5518, related to DOEs Clean Cities Program; H.R. 5523, Energy Sector Innovation Credit Act of 2019; H.R. 5527, the 21st Century Power Grid Act; H.R. 5530, the Electric Vehicle Infrastructure Rebate Act; S. 151, Pallone-Thune TRACED Act and other telecommunications issues, including the FCCs 6 GHz spectrum proposal and wildfires resilience; S. 171, Securing Energy Infrastructure Act; S. 383, the Utilizing Significant Emissions with Innovative Technologies Act; S. 859, to amend the Energy Policy Act of 2005 to reauthorize hydroelectric production incentives and hydroelectric efficiency improvement incentives; S. 1201, the Enhancing Fossil Fuel Energy Carbon Technology (EFFECT) Act of 2019; S. 1359, Clean Energy Standard Act; S. 1398, Smart Cities and Communities Act; S. 1593, Advancing Grid Storage Act; S. 1602, the BEST Act; S. 1685, the Launching Energy Advancement and Development through Innovations for Natural Gas Act of 2019; S. 1760, UPDATE PURPA Act; S. 2095, Enhancing Grid Security through Public-Private Partnerships; S. 2137, the Energy Savings and Industrial Competitiveness Act; S. 2332, Grid Modernization Act of 2019; S. 2333, Energy Cybersecurity Act of 2019; S. 2556, Protecting Resources On The Electric grid with Cybersecurity Technology (PROTECT) Act; S. 2657, Advanced Geothermal Innovation Leadership Act of 2019; S. 3676, Enhancing State Energy Security Planning and Emergency Preparedness Act; DOE National Labs and technology transfer; Liability protection as it relates to asks or orders from the U.S. government during a grid emergency; Draft legislation related to the Federal Power Act; Draft transportation legislation; Energy storage legislation; Clean energy issues generally; Draft grid modernization legislation; CAFE standards; Draft energy efficiency resource standards legislation; Port electrification; Electricity transmission; Smart communities; Hydropower relicensing reform issues generally; Clean energy issues generally, especially legislation to promote research, development and deployment of carbon capture, utilization, and storage (CCUS) technology; Comprehensive energy legislation generally; DOE National Labs and technology transfer; Liability protection as it relates to asks or orders from the U.S. government during a grid and / or national emergency; FCCs 6 GHz spectrum proposal and wildfires resilience; ; Issues related to privacy and data breaches; Issues related to Critical Electric Infrastructure Information (CEII).

election security, Mueller Protection bill, House rule changes regarding STOCK Act, Sen Merkley's dark money legislative proposal, Strengthen the STOCK act, Congressional ethic rules for 116th Congress, conflict of interest for the executive branch, Amend Foreign Agents Registration Act, House rules changes, cyber-security, Congressional accountability act, ethics enforcement at NLRB, Honest Elections and campaign, No Gain Act (HR 5409), Declaration fro Democracy, HR 1 Comprehensive Ethics reform, Conflict of interest for the executive branch, pay to play legislation, By The People bill, Anti-corruption act, Rules package for the 116th, Better deal for democracy in the 116th, HR 1-Democracy package, Freedom of information Act reforms, Rules committee package

Client expense: $70,000 · Firm income: Not reported

Government targets: Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), U.S. Trade Representative (USTR)