SALT Deductibility Act

H.R.6192/S.3346, High Rise Fire Sprinkler Incentive Act of 2021 S. 4267, Public Safety Officer Health Improvement Act of 2022 H.R. 613, SALT Deductibility Act

Client expense: $126,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

FY 2023 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding H.R. 6, the American Dream and Promise Act of 2021,to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2023 Funding for PILT FY 2023 funding for state and local law enforcement assistance FY 2023 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2023 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations H.R. 2307, revenue neutral carbon fee. S. 3011, Recovery, Infrastructure, and Disaster Flexibility Act FY23 Community Project Funding FY23 Congressionally Directed Spending FY 2023 Labor, Health and Human Services Appropriations: Older Americans Act programs, Public Health and prevention, Safety net hospitals, Ryan White HIV/Aids, Mental Health, Substance Abuse. Federal Gun Control Federal funding for researching firearms violence Pandemic relief and prevention programs Mental Health program reauthorization H.R. 6823 Elizabeth Dole Home and Community Services for Veterans and Caregivers Act S. 2372 Recovering America's Wildlife Act FY23 Omnibus Appropriations Act, Community Project funding and Congressionally Directed Spending for County of Ventura Projects. COVID-19 Public Health Emergency FEMA Presidentially declared nationwide emergency and major disaster declaration for the COVID-19 pandemic The Restoring Hope for Mental Health and Well-Being Act The Prepare for and Respond to Existing Viruses, Emerging New Threats, and Pandemics Act (PREVENT Pandemics Act) Water Resources Development Act reauthorization, Santa Paula Creek Project S. 1136/H.R. 2573, the Affordable Housing Credit Improvement Act, expand the Low-Income Housing Tax Credit, S. 2405, the Commitment to Veteran Support and Outreach Act S. 4295, the Financial Data Transparency Act of 2022, provisions that would require the Municipal Securities Rulemaking Board to establish uniform data standards for local governments H.R. 8450, the Healthy Meals, Healthy Kids Act, U.S. Department of the Treasury released guidance for the Local Assistance and Tribal Consistency Fund (LATCF), Transportation Grants the Inflation Reduction Act of 2022, provisions for Prescription drug pricing reform, investment in energy security and climate change, and expanded Affordable Care Act premium subsidies FY 2023 Labor, Health and Human Services Appropriations bill, Older Americans Act (OAA) program funding

SALT Deductibility Act (H.R. 613) Tobacco Tax Equity Act of 2021 (S. 1314)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

FY 2023 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding H.R. 6, the American Dream and Promise Act of 2021,to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2023 Funding for PILT FY 2023 funding for state and local law enforcement assistance FY 2023 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2023 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations H.R. 2307, revenue neutral carbon fee. S. 3011, Recovery, Infrastructure, and Disaster Flexibility Act FY23 Community Project Funding FY23 Congressionally Directed Spending FY 2023 Labor, Health and Human Services Appropriations: Older Americans Act programs, Public Health and prevention, Safety net hospitals, Ryan White HIV/Aids, Mental Health, Substance Abuse. Federal Gun Control Federal funding for researching firearms violence Pandemic relief and prevention programs Mental Health program reauthorization H.R. 6823 Elizabeth Dole Home and Community Services for Veterans and Caregivers Act S. 2372 Recovering America's Wildlife Act Inflation Reduction Act Child Nutrition Programs

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act HR5376 - Inflation Reduction Act of 2022S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction. Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act HR5376 - Inflation Reduction Act of 2022 Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act HR5376 - Inflation Reduction Act of 2022 S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act HR5376 - Inflation Reduction Act of 2022 S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Discussions with the House and Senate regarding policy proposals to encourage converting underutilized commercial real estate into residential housing units. Carried Interest HR1068 - The Carried Interest Fairness Act HR5376 - Inflation Reduction Act of 2022 S1598 - Carried Interest Fairness Act of 2021 Capital Gains HR9015 - More Homes on the Market Act Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act HR5376 - Inflation Reduction Act of 2022 Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value HR5376 - Inflation Reduction Act of 2022 S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision and in support of increasing the section 121 IRC exclusion. Infrastructure Proposals HR5376 - Inflation Reduction Act of 2022 Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR7229 - Renewing Investment in American Workers and Supply Chains Act Tax incentives for housing Discussions with the House and Senate regarding policy proposals to give tax incentives for the production of residential units. Net Investment Income Tax Communications with Congressional leadership opposing the 3.8% net investment income tax. Middle Income Housing Tax Credit Discussions with the House and Senate regarding creating a "middle income housing tax credit."

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. H.R. 2143 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. H.R. 4759 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. H.R. 5041 - GREATER Revitalization of Shopping Centers Act - The bill is designed to address the problem of abandoned malls and shopping centers. H.R. 5376 - Build Back Better Act - Would create downpayment assistance program for homebuyer, increase state and local tax deductions, and other social programs for housing. H.R. 9015 - More Homes on the Market Act - The bill would increase the capital gains exclusion on the sale of a primary residence and index the new limit for inflation. S. 98 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. S. 2511 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. S. Con. Res. 14 - The Concurrent Resolution on the Budget for Fiscal Year 2022 - C.A.R. advocated against paying for the cost of the bill by eliminating or capping 1031 like-kind exchanges, weakening or eliminating stepped-up basis or creating a capital gains tax on unrealized gains at time of death, and increases in the capital gains rate as it would apply to the disposition of real property. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress. C.A.R. discussed with Congress the issue of applying a capital gains tax upon death, which would eliminate the benefit of stepped-up basis. C.A.R. discussed with Congress the issue of higher capital gains tax rates for individuals who show higher incomes one-year because of an infrequent event, such as the sale of their home. C.A.R. discussed with Congress the issue of changes to the capital gains exclusion on primary residences.

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes. Issues related to the ability to use stepped-up basis. H.R. 5376, the Build Back Better Act: issues related to Section 199A deduction, Section 199A trust deduction levels, GRATS, stepped-up basis, capital gains rate, estate tax exemption levels, Net Investment Income Tax (NIIT), deduction levels of Qualified Business Income, individual tax rate, corporate tax rate, 3% surtax on income above $5 million, maintenance of grantor trusts. H.R. 5376, The Inflation Reduction Act, issues related to the expansion of the Net Income Investment Income Tax (NIIT) and loss limitation rules.

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

H.R.6192/S.3346, High Rise Fire Sprinkler Incentive Act of 2021 S. 4267, Public Safety Officer Health Improvement Act of 2022 H.R. 613, SALT Deductibility Act Tax incentives for fire fighters. State and Local tax.

Client expense: $81,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

SALT Deductibility Act (H.R. 613) Tobacco Tax Equity Act of 2021 (S. 1314)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction. Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Carried Interest HR1068 - The Carried Interest Fairness Act S1598 - Carried Interest Fairness Act of 2021 Capital Gains Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision and in support of increasing the section 121 IRC exclusion. Infrastructure Proposals HR5376 - Build Back Better Act Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR722 9 - Renewing Investment in American Workers and Supply Chains Act Tax incentives for housing Discussions with the House and Senate regarding policy proposals to give tax incentives for the production of residential units.

FY 2023 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding H.R. 6, the American Dream and Promise Act of 2021,to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2023 Funding for PILT FY 2023 funding for state and local law enforcement assistance FY 2023 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2023 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations H.R. 2307, revenue neutral carbon fee. S. 3011, Recovery, Infrastructure, and Disaster Flexibility Act FY23 Community Project Funding FY23 Congressionally Directed Spending FY 2023 Labor, Health and Human Services Appropriations: Older Americans Act programs, Public Health and prevention, Safety net hospitals, Ryan White HIV/Aids, Mental Health, Substance Abuse. Federal Gun Control Federal funding for researching firearms violence Pandemic relief and prevention programs Mental Health program reauthorization

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes. Issues related to the ability to use stepped-up basis. H.R. 5376, the Build Back Better Act: issues related to Section 199A deduction, Section 199A trust deduction levels, GRATS, stepped-up basis, capital gains rate, estate tax exemption levels, Net Investment Income Tax (NIIT), deduction levels of Qualified Business Income, individual tax rate, corporate tax rate, 3% surtax on income above $5 million, maintenance of grantor trusts.

Client expense: $600,000 · Firm income: Not reported

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. H.R. 2143 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. H.R. 4759 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. H.R. 5041 - GREATER Revitalization of Shopping Centers Act - The bill is designed to address the problem of abandoned malls and shopping centers. H.R. 5376 - Build Back Better Act - Would create downpayment assistance program for homebuyer, increase state and local tax deductions, and other social programs for housing. S. 98 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. S. 2511 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. S. Con. Res. 14 - The Concurrent Resolution on the Budget for Fiscal Year 2022 - C.A.R. advocated against paying for the cost of the bill by eliminating or capping 1031 like-kind exchanges, weakening or eliminating stepped-up basis or creating a capital gains tax on unrealized gains at time of death, and increases in the capital gains rate as it would apply to the disposition of real property. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress. C.A.R. discussed with Congress the issue of applying a capital gains tax upon death, which would eliminate the benefit of stepped-up basis. C.A.R. discussed with Congress the issue of higher capital gains tax rates for individuals who show higher incomes one-year because of an infrequent event, such as the sale of their home. C.A.R. discussed with Congress the issue of changes to the capital gains exclusion on primary residences.

SALT Deductibility Act (H.R. 613) Tobacco Tax Equity Act of 2021 (S. 1314)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

State and Local Tax deduction cap, HR 613 SALT Deductibility Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Carried Interest HR1068 - The Carried Interest Fairness Act S1598 - Carried Interest Fairness Act of 2021 Capital Gains Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision Infrastructure Proposals HR5376 - Build Back Better Act Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR722 9 - Renewing Investment in American Workers and Supply Chains Act

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. H.R. 2143 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. H.R. 4759 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. H.R. 5376 - Build Back Better Act - Would create downpayment assistance program for homebuyer, increase state and local tax deductions, and other social programs for housing. S. 98 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. S. Con. Res. 14 - The Concurrent Resolution on the Budget for Fiscal Year 2022 - C.A.R. advocated against paying for the cost of the bill by eliminating or capping 1031 like-kind exchanges, weakening or eliminating stepped-up basis or creating a capital gains tax on unrealized gains at time of death, and increases in the capital gains rate as it would apply to the disposition of real property. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress. C.A.R. discussed with Congress the issue of applying a capital gains tax upon death, which would eliminate the benefit of stepped-up basis. C.A.R. discussed with Congress the issue of higher capital gains tax rates for individuals who show higher incomes one-year because of an infrequent event, such as the sale of their home. C.A.R. discussed with Congress the issue of changes to the capital gains exclusion on primary residences.

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes. Issues related to the ability to use stepped-up basis. H.R. 5376, the Build Back Better Act: issues related to Section 199A deduction, Section 199A trust deduction levels, GRATS, stepped-up basis, capital gains rate, estate tax exemption levels, Net Investment Income Tax (NIIT), deduction levels of Qualified Business Income, individual tax rate, corporate tax rate, 3% surtax on income above $5 million, maintenance of grantor trusts.

Client expense: $280,000 · Firm income: Not reported

FY 2022 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding H.R. 6, the American Dream and Promise Act of 2021, on March 18 to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2022 Funding for PILT FY 2022 funding for state and local law enforcement assistance FY 2022 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2022 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations H.R. 2307, revenue neutral carbon fee. S. 3011, Recovery, Infrastructure, and Disaster Flexibility Act FY23 Community Project Funding FY23 Congressionally Directed Spending

H.R. 5376 Build Back Better Act;; H.R. 1992/S. 170 Charitable Conservation Easement Program Integrity Act; H.R. 613/S. 85 SALT Deductibility Act; H.R. 2711/S.1239 Wastewater Subsidies Tax Exemption Act;

Client expense: $1,360,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Energy, Dept of, Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), SENATE, U.S. Fish & Wildlife Service (USFWS)

State and Local Tax deduction cap, HR 613 SALT Deductibility Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

SALT Deductibility Act (H.R. 613) Tobacco Tax Equity Act of 2021 (S. 1314)

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

Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. H.R. 2143 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. H.R. 4759 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. H.R. 5376 - Build Back Better Act - Would create downpayment assistance program for homebuyer, increase state and local tax deductions, and other social programs for housing. S. 98 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. S. Con. Res. 14 - The Concurrent Resolution on the Budget for Fiscal Year 2022 - C.A.R. advocated against paying for the cost of the bill by eliminating or capping 1031 like-kind exchanges, weakening or eliminating stepped-up basis or creating a capital gains tax on unrealized gains at time of death, and increases in the capital gains rate as it would apply to the disposition of real property. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress. C.A.R. discussed with Congress the issue of applying a capital gains tax upon death, which would eliminate the benefit of stepped-up basis. C.A.R. discussed with Congress the issue of higher capital gains tax rates for individuals who show higher incomes one-year because of an infrequent event, such as the sale of their home.

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Carried Interest HR1068 - The Carried Interest Fairness Act S1598 - Carried Interest Fairness Act of 2021 Capital Gains Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision Infrastructure Proposals HR5376 - Build Back Better Act Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act Discussions with the U.S. Treasury Department regarding tax policy, like-kind exchanges, capital gains, tax incentives for residential units, and the step-up in basis.

H.R. 5376 Build Back Better Act;; H.R. 1992/S. 170 Charitable Conservation Easement Program Integrity Act; H.R. 613/S. 85 SALT Deductibility Act; H.R. 2711/S.1239 Wastewater Subsidies Tax Exemption Act;

Client expense: $1,360,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Energy, Dept of, Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), SENATE, U.S. Fish & Wildlife Service (USFWS)

FY 2022 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding Legislation to reauthorize federal surface transportation programs. H.R.1620, the Violence Against Women Reauthorization Act of 2021, to extend and improve these programs. H.R. 6, the American Dream and Promise Act of 2021, on March 18 to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1319, the American Rescue Plan, funding for public health/vaccine distribution, and emergency payments to state and local governments. Tax Credits for Paid Leave and Housing/Homeless Assistance. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2022 Funding for PILT FY 2022 funding for state and local law enforcement assistance FY 2022 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2022 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure Surface Transportation Reauthorization Act of 2021 federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations H.R. 2307, revenue neutral carbon fee. S. 3011, Recovery, Infrastructure, and Disaster Flexibility Act

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes Issues related to the ability to use stepped-up basis. H.R. 5376, the Build Back Better Act: issues related to Section 199A deduction, Section 199A trust deduction levels, GRATS, stepped-up basis, capital gains rate, estate tax exemption levels, Net Investment Income Tax (NIIT), deduction levels of Qualified Business Income, individual tax rate, corporate tax rate, 3% surtax on income above $5 million, maintenance of grantor trusts.

Client expense: $310,000 · Firm income: Not reported

hR 613, S123, Infant Born Alive Legislation, Advocating for medical care for infants born alive. Women's Health Protection Act- in opposition expanded access to abortion

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

State and Local Tax deduction cap, HR 613 SALT Deductibility Act.

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

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

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177, the Expanding Opportunity Zones Act Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Carried Interest HR1068 - The Carried Interest Fairness Act S1598 - Carried Interest Fairness Act of 2021 Capital Gains Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision Communications with the House Ways and Means Committee and Senate Finance Committee regarding proposed limitations on real estate investment Infrastructure Proposals HR5376 - Build Back Better Act Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act Discussions with the U.S. Treasury Department regarding tax policy, like-kind exchanges, capital gains, tax incentives for residential units, and the step-up in basis.

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes Issues related to the ability to use stepped-up basis. S. Con. Res. 14 - A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031; issues related to Section 199A deduction, Section 199A trust deduction levels, GRATS, stepped-up basis, capital gains rate, estate tax exemption levels, Net Investment Income Tax (NIIT), deduction levels of Qualified Business Income, individual tax rate, corporate tax rate, 3% surtax on income above $5 million.

Client expense: $130,000 · Firm income: Not reported

FY 2022 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding Legislation to reauthorize federal surface transportation programs. H.R.1620, the Violence Against Women Reauthorization Act of 2021, to extend and improve these programs. H.R. 6, the American Dream and Promise Act of 2021, on March 18 to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1319, the American Rescue Plan, funding for public health/vaccine distribution, and emergency payments to state and local governments. Tax Credits for Paid Leave and Housing/Homeless Assistance. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2022 Funding for PILT FY 2022 funding for state and local law enforcement assistance FY 2022 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2022 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure Surface Transportation Reauthorization Act of 2021 federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax H.R. 3684, the Infrastructure Investment and Jobs Act - transportation, climate change, housing, broadband, and local government funding Build Back Better budget reconciliation legislation - public health, transportation, climate change, housing, broadband, and local government funding S. Con. Res. 14, the FY 2022 Budget Resolution - public health, transportation, climate change, housing, broadband, and local government funding the Surface Transportation Reauthorization Act of 2021 (STRA), S. 2689, the Ensuring Medicaid Continuity for Children in Foster Care Act of 2021. H.R. 2611, the Increasing Behavioral Health Treatment Act. S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California Lands (PUBLIC Lands) Act. Federal Truck Size Regulations

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. H.R. 2143 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. H.R. 4759 - Revitalizing Downtowns Act - Will provide tax incentives for commercial property owners to convert unused office space to residential units or other more productive uses. S. 98 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. S. Con. Res. 14 - The Concurrent Resolution on the Budget for Fiscal Year 2022 - C.A.R. advocated against paying for the cost of the bill by eliminating or capping 1031 like-kind exchanges, weakening or eliminating stepped-up basis or creating a capital gains tax on unrealized gains at time of death, and increases in the capital gains rate as it would apply to the disposition of real property. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress. C.A.R. discussed with Congress the issue of applying a capital gains tax upon death, which would eliminate the benefit of stepped-up basis. C.A.R. discussed with Congress the issue of higher capital gains tax rates for individuals who show higher incomes one-year because of an infrequent event, such as the sale of their home.

Client expense: $53,436 · Firm income: Not reported

H.R. 5376 Build Back Better Act;; H.R. 1992/S. 170 Charitable Conservation Easement Program Integrity Act; H.R. 613/S. 85 SALT Deductibility Act; H.R. 2711/S.1239 Wastewater Subsidies Tax Exemption Act;

Client expense: $270,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Energy, Dept of, Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR__ - SALT Relief and Marriage Penalty Elimination Act HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Section 199A Deduction HR1381 - Main Street Certainty Act S480 - Main Street Tax Certainty Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction Opportunity Zones HR970 - The Opportunity Zone Extension Act Section 1031 Like-Kind Exchanges Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Carried Interest HR1068 - The Carried Interest Fairness Act S1598 - Carried Interest Fairness Act of 2021 Capital Gains Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Tax Reform S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision Infrastructure Proposals Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan Discussions with the U.S. Treasury Department regarding tax policy, 1031 like-kind exchanges, capital gains, and tax incentives for building residential housing units.

State and Local Tax deduction cap, HR 613 SALT Deductibility Act.

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

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

State and Local Tax deduction cap, HR 613 SALT Deductibility Act.

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

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

FY 2022 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding Legislation to reauthorize federal surface transportation programs. H.R.1620, the Violence Against Women Reauthorization Act of 2021, to extend and improve these programs. H.R. 6, the American Dream and Promise Act of 2021, on March 18 to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1319, the American Rescue Plan, funding for public health/vaccine distribution, and emergency payments to state and local governments. Tax Credits for Paid Leave and Housing/Homeless Assistance. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2022 Funding for PILT FY 2022 funding for state and local law enforcement assistance FY 2022 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act FY 2022 Energy and Water Appropriations Act U.S. Army Corps of Engineers funding Federal Truck Size Regulations H.R. 3684, the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act) FY 2022 Interior, Environment and Related Agencies Appropriations Act; Payments in Lieu of Taxes program, EPAs State and Local Air Quality programs, Land and Water Conservation Fund, National Endowment for the Arts, and Cleanup/removal of abandoned oil and gas wells Broadband funding Electric Vehicle charging infrastructure Surface Transportation Reauthorization Act of 2021 federal efforts to protect the Western Monarch Butterfly S. 1855, the Wildfire Emergency Act State and Local Tax Deduction S. 1459, the Protecting Unique and Beautiful Landscapes by Investing in California (PUBLIC) Lands Act H.R.1620, the Violence Against Women Reauthorization Act of 2021 Revenue-neutral carbon tax

H.R. 1992/S. 170 Charitable Conservation Easement Program Integrity Act H.R. 2711/S. 1239 Wastewater Tax Exemption bill H.R. 613/S. 85 SALT Deductibility Act S. 1298 Clean Energy for America Act Hyrdo tax credit

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

Government targets: Agriculture, Dept of (USDA), Council on Environmental Quality (CEQ), Energy, Dept of, HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Natl Oceanic & Atmospheric Administration (NOAA), SENATE, U.S. Fish & Wildlife Service (USFWS)

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes Issues related to the ability to use stepped-up basis

Client expense: $210,000 · Firm income: Not reported

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. H.R. 2143 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. S. 98 - Neighborhood Homes Investment Act - Will offer tax credits to attract private investment for building and rehabilitating owner-occupied homes. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress. C.A.R. discussed with Congress the issue of applying a capital gains tax upon death, which would eliminate the benefit of stepped-up basis. C.A.R. discussed with Congress the issue of higher capital gains tax rates for individuals who show higher incomes one-year because of an infrequent event, such as the sale of their home.

Client expense: $47,907 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE

H.R. 1346/S. 477-The Hospitality and Commerce Job Recovery Act of 2021: issues related to tax relief for the food and beverage industry and unmerchantable inventory due to COVID-19. Issues related to LIFO accounting. S. 617/H.R. 1712- Death Tax Repeal Act of 2021. Issues related to permanent estate tax relief. S. 480/H.R. 1381-The Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. S. 85/H.R.613 - SALT Deductibility Act

Client expense: $200,000 · Firm income: Not reported

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Section 199A Deduction HR1381 - Main Street Certainty Act Opportunity Zones HR970 - The Opportunity Zone Extension Act Section 1031 Like-Kind Exchanges Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers.

Client expense: $7,940,000 · Firm income: Not reported

FY 2022 appropriations for HUDs Capital Fund Program, the Community Development Block Grant program and the HOME Investment Partnerships program. American Jobs Plan, infrastructure funding Legislation to reauthorize federal surface transportation programs. H.R.1620, the Violence Against Women Reauthorization Act of 2021, to extend and improve these programs. H.R. 6, the American Dream and Promise Act of 2021, on March 18 to create a path to citizenship for undocumented immigrants who were brought to the United States as children. H.R. 1603, the Farm Workforce Modernization Act of 2021, which would allow undocumented farmworkers to earn legal status. S. 264, the Dream Act of 2021, Legislation to enact a revenue-neutral carbon tax HR 613, the SALT Deductibility Act, H.R.202, the SALT Fairness Act of 2021. H.R. 1319, the American Rescue Plan, funding for public health/vaccine distribution, and emergency payments to state and local governments. Tax Credits for Paid Leave and Housing/Homeless Assistance. H.R. 1075, the Rim of the Valley Corridor Preservation Act, H.R. 973, the Central Coast Heritage Protection Act, H.R. 455, the California Clean Coast Act, Funding for transitioning to zero-emission vehicles FY 2022 Funding for PILT FY 2022 funding for state and local law enforcement assistance FY 2022 Funding for homeless Assistance Community Project Funding The Affordable Housing Redevelopment Act The Fighting Homelessness Through Services and Housing Act S. 127 the Build America's Libraries Act

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

State and Local Tax deduction cap, HR 613 SALT Deductibility Act.

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

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

H.R. 613 - the SALT Deductibility Act - Would eliminate the cap on state and local tax deductions. C.A.R. advocated for a first time homebuyer tax credit with members of Congress. C.A.R. advocated for a tax credit for commercial property owners to convert their properties to residential units. C.A.R. discussed the issue of 1031 exchanges and their importance in the California real estate market with members of Congress.

Client expense: $45,521 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE