Secure Family Futures Act of 2023

H.R. 5707: Secure Family Futures Act of 2023 H.R. 3335: IRS eIVES Modernization and Anti-Fraud Act of 2023 Issues related to Corporate Alternative Minimum Tax regulations

Client expense: $180,000 · Firm income: Not reported

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

H.R. 5707, Secure Family Futures Act of 2023

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

H.R. 3014 - Catastrophic Risk Transfer (CART) Act of 2023 H.R. 4070 - Disaster Mitigation and Tax Parity Act H.R. 4305 - Shelter Act H.R. 5707 - Secure Family Futures Act of 2023 S. 1953 - Disaster Mitigation and Tax Parity Act S. 2106 - Shelter Act Natural disaster resilience legislation Tax Cuts and Jobs Act (TCJA) insurance-related technical corrections legislation, as proposed in the Presidents FY 2023 Budget Proposal Tax Cuts and Jobs Act (TCJA) provisions scheduled to expire in 2025 Tax proposals included in the President's FY 2025 Budget Proposal

Client expense: $520,000 · Firm income: Not reported

Government targets: Council of Economic Advisers (CEA), Council on Environmental Quality (CEQ), Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Treasury, Dept of

Issue: Ordinary treatment of bonds. Issue: Implementation of corporate minimum tax in Inflation Reduction Act of 2022. Issue: Ordinary treatment bill - Secure Family Futures Act of 2023, or H.R. 5707 Issue: Life Insurance Tax Stabilization Proposal (no bill introduced yet) Issue: S. 3367, Billionaires Income Tax Act, Sen. Wyden (D-OR) Issue: Private Placement Life Insurance (no bill introduced yet) Issue: Wyden Tax Wealth Like Wages (mark-to-market) discussion paper (no bill introduced yet) Issue: TCJA reauthorization Issue: S.__ - Protecting Proper Life Insurance from (PPLI) Abuse Act. This bill would restrict the use of private placement life insurance.

Client expense: $390,000 · Firm income: Not reported

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

**Issues lobbied without specific bill number: Corporate Alternative Minimum Tax **Issues lobbied without specific bill number: Implementation of Inflation Reduction Act H.R. 5707 Exclude Debt held by certain Insurance Companies H.R. 5863 Disaster Tax Relief S. 1953 Disaster Preparedness Tax Relief H.R. 4070 Disaster Preparedness Tax Relief H.R. 9909 Waterfront Disaster Tax Credit

Client expense: $1,140,000 · Firm income: Not reported

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

S. 1714 / H.R. 3481 The FAMILY Act. Issue: paid family and medical leave. S. 4740 / H.R. 5707 Secure Family Futures Act. Issue: Debt investment tax change from capital to ordinary. S. 3680 Paid Family and Medical Leave Tax Credit Extension and Enhancement Act. Issue: paid family and medical leave tax credit. P.L. 117-169 Inflation Reduction Act. Issue: implementation of corporate minimum tax. No bill number. Issue: life insurance tax stabilization. No bill number. Issue: tri-agencies (HHS, Treasury and Labor) proposed rule on excepted benefits. Draft Senate bill. Protecting Proper Life Insurance from Abuse Act. Issue: private placement life insurance.

Client expense: $175,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 515 - Protecting American Savers and Retirees Act; entire bill H.R. 5707 - Secure Family Futures Act of 2023; entire bill S. 413 - Stock Buyback Accountability Act of 2023; entire bill S. 4740 - The Secure Family Futures Act of 2024; entire bill Not Yet Introduced: Secure 2.0 Technical Corrections Act tax provisions

Client expense: $440,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5707, Secure Family Futures Act of 2023, all provisions; S. 4740, Secure Family Futures Act of 2024, all provisions; issues related to international tax reform; issues related to paid family medical leave, and tax credit; issues related to extension/permanence of Fischer tax credit -- Internal Revenue Codesect. 45S of TCJA (P.L. 115-97).

Client expense: $560,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

General tax issues related to the business of insurance and insurance products, taxation of life insurer reserves, and deferred acquisition costs; tax treatment of paid sick and family medical leave benefits. Current law tax exclusion for employer provided benefits. S.3680, H.R. 8860 - Paid Family and Medical Leave Tax Credit Extensions and Enhancement Act: Issues related to the eligibility for the credit of certain employers and types of qualifying leave benefits. H.R. 5707, S.4740 - Secure Family Futures Act. ISSUE: Treatment of life insurer held bonds.

Client expense: $460,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Paid Family Leave (H.R. 8860) Tax treatment of life insurance and annuities Ordinary tax treatment of bonds (H.R. 5707, S. 4740) International Tax (GILTI, Pillar 2)

Client expense: $1,352,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the corporate alternative minimum tax. Issues related to the tax treatment of life insurance. Issues related to Subchapter L of the IRS Code. Issues related to HR 5707 and S 4740, The Secure Families Future Act, all provisions.

Client expense: $540,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5707: Secure Family Futures Act of 2023 No Bill Number: Issues related to the Corporate Alternative Minimum Tax No Bill Number: Issues relating to tax policy No Bill Number: Issues related to the Mexican value added tax proposal

Client expense: $140,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Retirement Security Issues Data privacy HR3063 Retirement Fairness for Charities and Educational Institutions HR5707 Secure Family Futures Act S2417 Auto Reenrollment Act HR3942 Lifetime Income for Employees Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues affecting the tax treatment of annuity and life insurance products and the taxation of corporations including changes to corporate tax rates (P.L. 117-169); Ordinary treatment of debt investments for certain insurance companies (the Secure Family Futures Act - H.R. 5707).

Client expense: $350,000 · Firm income: Not reported

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

H.R. 5707/S. 4740: Secure Family Futures Act of 2023 Issues related to Corporate Alternative Minimum Tax regulations

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the insurance industry, the tax treatment of such products and general corporate tax policies. H.R. 5707/S. 4740 - The Secure Family Futures Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the international taxation of corporations. H.R.5707 - Secure Family Futures Act of 2023.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues affecting the tax treatment of annuity and life insurance products. General issues related to SEC's Swing Pricing Rule. H.R.5707 - Secure Family Futures Act of 2023.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Implementation of H.R.4865/S.3198 - the Registration for Index-Linked Annuities Act. H.R.5707 - Secure Family Futures Act of 2023.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor efforts to change the corporate tax rate for subchapter L of the code. Support H.R.5707 and draft Senate companion legislation entitled The Secure Family Futures Act. Discuss Private Placement Life Insurance products.

Client expense: Not reported · Firm income: $110,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 3014 - Catastrophic Risk Transfer (CART) Act of 2023 H.R. 4070 - Disaster Mitigation and Tax Parity Act H.R. 4305 - Shelter Act H.R. 5707 - Secure Family Futures Act of 2023 S. 1953 - Disaster Mitigation and Tax Parity Act S. 2106 - Shelter Act Natural disaster resilience legislation Tax Cuts and Jobs Act (TCJA) insurance-related technical corrections legislation, as proposed in the Presidents FY 2023 Budget Proposal Tax Cuts and Jobs Act (TCJA) provisions scheduled to expire in 2025 Tax proposals included in the President's FY 2025 Budget Proposal

Client expense: $450,000 · Firm income: Not reported

Government targets: Council of Economic Advisers (CEA), Council on Environmental Quality (CEQ), Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Treasury, Dept of

H.R. 5707, Secure Family Futures Act of 2023

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

Government targets: HOUSE OF REPRESENTATIVES

PL 115-97 Tax Cuts and Jobs Act - amendments to the IRC and other changes PL 117-169 Inflation Reduction Act - amendments to the IRC and other changes HR 25 Fair Tax Act - imposes a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes S 234 New Markets Tax Credit Extension Act - makes the new markets tax credit permanent S 866 American Innovation and Jobs Act - enhance tax benefits for research activities HR 2811 Limit, Save, and Grow Act of 2023 - bill increases the federal debt limit and decreases spending HR 2673/S 866American Innovation and R&D Competitiveness Act of 2023 -- eliminates the five-year amortization requirement for research and experimental expenditures HR 3936 Tax Cuts for Working Families Act -- rename the standard deduction the guaranteed deduction, and to add a bonus amount to the guaranteed deduction HR 3937 Small Business Jobs Act -- to promote the establishment and growth of small businesses HR 3938 Build It In America Act --amend the Internal Revenue Code of 1986 to encourage economic growth HR 5707 Secure Family Futures Act of 2023--to apply ordinary tax treatment to certain investments S.470 Secure Family Futures Act of 2024--to apply ordinary tax treatment to certain investments

Client expense: $580,000 · Firm income: Not reported

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

S.3680/H.R.8860 Paid Family and Medical Leave Tax Credit and Extension Act. H.R.5707/S.4740 Secure Family Futures Act. P.L.115-97 Tax Cuts and Jobs Act. P.L.117-169 Inflation Reduction Act. H.R.7024 Tax Relief for American Families and Workers Act.

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

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

Tax issues related to the life insurance industry H.R. 5707 Proposals relating to 403b

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Educate Congressional staff on taxation of life insurance company related to company and product taxation, tax proposals regarding retirement security. Lobbied on life insurance related tax provisions in proposed legislation. Lobbied in support of HR 5707 and S. 4740, the Secure Family Futures Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Oppose federal taxation of credit unions. H.R. 5707, Secure Family Futures Act, which provides for ordinary tax treatment for bonds for insurers.

Client expense: $110,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Treaty Document 112-8: bilateral tax treaty with Chile HR 5707 Secure Family Futures Act Summary is in progress. To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets. HR 7024 Tax Relief for American Families and Workers Act. To make improvements to the child tax credit, to provide tax incentives to promote economic growth, to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States, to provide tax relief with respect to certain Federal disasters, to make improvements to the low-income housing tax credit, and for other purposes. HR 8435 Summary in process. To amend the Internal Revenue Code of 1986 to treat certain price protection payments as eligible rollover distributions, and for other purposes. HR 8860 A legislative analyst in the Congressional Research Service will begin analyzing this legislation after text becomes available. To amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes. Issues Related to Paid Family and Medical Leave S3680 Paid Family and Medical Leave Tax Credit Extension and Enhancement Act: This bill modifies the employer tax credit for paid family and medical leave. Specifically, the bill (1) makes such credit permanent, (2) allows the credit in states or localities that either mandate or do not mandate paid family and medical leave, (3) allows employers to claim the credit for a portion of their paid family leave insurance premiums, (4) reduces the minimum employment period eligibility requirement, and (5) requires the Small Business Administration and the Internal Revenue Service to conduct targeted outreach to employers and other relevant parties regarding the availability and requirements of the credit. S4740 Secure Family Futures Act of 2024 - Summary is in progress. To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets.

Client expense: $482,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Retirement; long term care insurance; support H.R. 5707, Secure Family Futures Act; support H.R. 2407, Medicare Multi-Cancer Early Detection Screening Coverage Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1714 / H.R. 3481 The FAMILY Act. Issue: paid family and medical leave. S. 47740 / H.R. 5707 Secure Family Futures Act. Issue: Debt investment tax change from capital to ordinary. S. 3680 Paid Family and Medical Leave Tax Credit Extension and Enhancement Act. Issue: paid family and medical leave tax credit. P.L. 117-169 Inflation Reduction Act. Issue: implementation of corporate minimum tax. No bill number. Issue: life insurance tax stabilization. No bill number. Issue: tri-agencies (HHS, Treasury and Labor) proposed rule on excepted benefits. No bill number. Issue: private placement life insurance.

Client expense: $260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1714 / H.R. 3481 The FAMILY Act. Issue: paid family and medical leave. S. 47740 / H.R. 5707 Secure Family Futures Act. Issue: Debt investment tax change from capital to ordinary. S. 3680 Paid Family and Medical Leave Tax Credit Extension and Enhancement Act. Issue: paid family and medical leave tax credit. P.L. 117-169 Inflation Reduction Act. Issue: implementation of corporate minimum tax. No bill number. Issue: life insurance tax stabilization. No bill number. Issue: tri-agencies (HHS, Treasury and Labor) proposed rule on excepted benefits. No bill number. Issue: private placement life insurance.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

**Issues lobbied without specific bill number: Corporate Alternative Minimum Tax **Issues lobbied without specific bill number: Implementation of Inflation Reduction Act H.R. 5707 Exclude Debt held by certain Insurance Companies H.R. 5863 Disaster Tax Relief S. 1953 Disaster Preparedness Tax Relief H.R. 4070 Disaster Preparedness Tax Relief

Client expense: $1,370,000 · Firm income: Not reported

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

Issues affecting the tax treatment of annuity and life insurance products and the taxation of corporations including changes to corporate tax rates (P.L. 117-169); Ordinary treatment of debt investments for certain insurance companies (the Secure Family Futures Act - H.R. 5707).

Client expense: $390,000 · Firm income: Not reported

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

General tax issues related to the business of insurance and insurance products, taxation of life insurer reserves, and deferred acquisition costs; tax treatment of paid sick and family medical leave benefits. Current law tax exclusion for employer provided benefits. S.3680, H.R. 8860 - Paid Family and Medical Leave Tax Credit Extensions and Enhancement Act: Issues related to the eligibility for the credit of certain employers and types of qualifying leave benefits. H.R. 5707, S.4740 - Secure Family Futures Act. ISSUE: Treatment of life insurer held bonds.

Client expense: $460,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5707, Secure Family Futures Act of 2023

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

H.R. 3014 - Catastrophic Risk Transfer (CART) Act of 2023 H.R. 4070 - Disaster Mitigation and Tax Parity Act H.R. 4305 - Shelter Act H.R. 5707 - Secure Family Futures Act of 2023 S. 1953 - Disaster Mitigation and Tax Parity Act S. 2106 - Shelter Act Natural disaster resilience legislation Tax Cuts and Jobs Act (TCJA) insurance-related technical corrections legislation, as proposed in the Presidents FY 2023 Budget Proposal Tax Cuts and Jobs Act (TCJA) provisions scheduled to expire in 2025 Tax proposals included in the President's FY 2025 Budget Proposal

Client expense: $400,000 · Firm income: Not reported

Government targets: Council of Economic Advisers (CEA), Council on Environmental Quality (CEQ), Executive Office of the President (EOP), Federal Emergency Management Agency (FEMA), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Natl Oceanic & Atmospheric Administration (NOAA), SENATE

Tax issues related to the life insurance industry H.R. 5707 Proposals relating to 403b

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issue: Ordinary treatment of bonds. Issue: Implementation of corporate minimum tax in Inflation Reduction Act of 2022. Issue: Ordinary treatment bill - Secure Family Futures Act of 2023, or H.R. 5707 Issue: Life Insurance Tax Stabilization Proposal (no bill introduced yet) Issue: S. 3367, Billionaires Income Tax Act, Sen. Wyden (D-OR) Issue: Private Placement Life Insurance (no bill introduced yet) Issue: Wyden Tax Wealth Like Wages (mark-to-market) discussion paper (no bill introduced yet) Issue: TCJA reauthorization

Client expense: $390,000 · Firm income: Not reported

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

H.R. 5707, Secure Family Futures Act of 2023, all provisions; S. 4740, Secure Family Futures Act of 2024, all provisions; issues related to international tax reform; issues related to paid family medical leave, and tax credit; issues related to extension/permanence of Fischer tax credit -- Internal Revenue Codesect. 45S of TCJA (P.L. 115-97).

Client expense: $300,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Retirement Security Issues Data privacy HR3063 Retirement Fairness for Charities and Educational Institutions HR5707 Secure Family Futures Act S2417 Auto Reenrollment Act HR3942 Lifetime Income for Employees Act

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

Issues pertaining to the corporate alternative minimum tax. Issues related to the tax treatment of life insurance. Issues related to Subchapter L of the IRS Code. Issues related to HR 5707, The Secure Families Future Act, all provisions.

Client expense: $660,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5707: Secure Family Futures Act of 2023 Issues related to Corporate Alternative Minimum Tax regulations

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

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

H.R. 5707: Secure Family Futures Act of 2023 No Bill Number: Issues related to the Corporate Alternative Minimum Tax No Bill Number: Issues relating to tax policy No Bill Number: Issues related to the Mexican value added tax proposal

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

Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Monitor efforts to change the corporate tax rate for subchapter L of the code. Support H.R.5707 and draft Senate companion legislation entitled The Secure Family Futures Act. Discuss Private Placement Life Insurance products.

Client expense: Not reported · Firm income: $110,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE