A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies.

HR 3200/ S 40, "National Insurance Act," regarding all provisions; HR 3363/ S 2337, "Long-Term Care Affordability and Security Act of 2008," regarding all provisions; HR 1810/ S 1366, "Consolidated Returns," regarding all provisions; S 504, "Long-Term Care Trust Account Act of 2007", regarding all provisions; HR 2582, "Qualified Long-Term Care Fairness Act of 2007", regarding all provisions; S 1758 "Community Living Assistance Services and Supports Act", regarding all provisions; HR 5559, "Long-Term Care and Security Act of 2008", regarding all provisions; HR 6237, "Tax Relief for Long-Term Care Act of 2008", regarding all provisions; HR 5543/S 1288, "Women's Retirement Security Act of 2008", regarding all provisions; HR 5840, "Insurance Information Act of 2008, regarding all provisions.

Client expense: $830,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade Representative (USTR)

Oppose repeal and support reform of estate taxes HR 2205, Support Lifetime Annuity Payout legislation S 1010, Support Lifetime Annuity Payout legislation; HR 1810, support consolidation of taxable income for affiliated life/nonlife companies; S 1366, support consolidation of taxable income for affiliated life/nonlife companies

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Taxation of Life Insurance, HR2205, S101, HR1810, S1366

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Taxation of financial services: S. 1366/H.R. 1810 (Consolidated Returns); H.R. 1424 (Emergency Economic Stabliization Act ); H.R. 7242 (Pension Protection Act - IRC Amendments); Life Insurance Taxation; and H.R. 7327 (PPA Amendments).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1366/H.R. 1810 (Consolidated Tax Returns); New Markets Tax Credit legislation; H.R. 7060; H.R. 7006; H.R. 6049; S. 3322 (Disaster Tax Relief - tax); H.R. 1424- Emergency Economic Stimulus Stabilization Act of 2008.

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

See attachment. TAX Fourth Quarter Report 2008 H.R.150 - Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: restrictions on life only solicitation. H. R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. Issue: restrictions on life only solicitation. H.R.3970 - Tax Reduction and Reform Act of 2007. Issue: corporate tax changes. H.R.4159 - Simplified USA Tax Act of 2007. Issue: taxation of life insurance products. H.R. 7242 Pension Protection Act IRC Amendments of 2008. Issue: LTC/ Annuity combo clarification. S.1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other. TRACKING: H.R.411 -To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H. R. 4042 - Family Farm, Small Business, and Home Tax Relief Act H.CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. S.14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. S.CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013.

Client expense: $1,700,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 25 - "Fair Tax Act of 2007" - Fundamental tax reform's implications for companies and life insurance plans HR 150 - "Life Insurance Employee Notification Act" - Corporate-owned Life Insurance HR 411 - "To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses" - Estate tax reform HR 1810 - "To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies" - Life/non-life consolidation HR 1929 - "To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax" - Estate tax reform HR 2380 - "To make the repeal of the estate tax permanent" - Estate tax reform S 14 - "A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes" - Estate tax reform S 1025 - "Fair Tax Act of 2007" - Fundamental tax reform S 1111 - "Fair Flat Tax Act of 2007" - Fundamental tax reform's implications for companies and life insurance products S 1366 - "A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other" - Life/non-life consolidation HR 377 - "Insuring Families for Their Future Act of 2007" - Dollar limitation on employer-provided group term life insurance HR 3361/S 1974 - "Pension Protection Technical Corrections Act of 2007" - Monitoring all provisions to prepare for practical implications HR 4172 - "To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500.00" - Estate tax reform HR 4235 - "Estate Tax Reduction Act of 2007" - Estate tax reform HR 4242 - "Certain and Immediate Estate Tax Relief Act of 2007" - Estate tax reform HR 4042 - "Family Farm, Small Business and Home Tax Relief Act" - Estate tax reform S 1994 - "To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax" - Estate tax reform HR 3170 - "To make permanent the individual income tax rates for capital gains, and for other purposes" - Estate tax reform HR 3475 - "To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000 to adjust such amount for inflation, to repeal the 1 year termination of the estate tax, and for other purposes" - Estate tax reform HR 4839/HR 4195/S 2374 - "Tax Technical Corrections Act of 2007" - Monitoring all provisions to prepare for practical implications HR 3970 - "Tax Reduction and Reform Act of 2007" - Fundamental tax reform's implications for companies and life insurance products

Client expense: $630,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of, U.S. Copyright Office

H.R.150 - Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: restrictions on life only solicitation. S.1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other. H. R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. Issue: restrictions on life only solicitation. H.R.3970 - Tax Reduction and Reform Act of 2007. Issue: corporate tax changes. H.R.4159 - Simplified USA Tax Act of 2007. Issue: taxation of life insurance products. H.R. 7242 Pension Protection Act IRC Amendments of 2008. Issue: LTC/ Annuity combo clarification. TRACKING: H.R.411 -To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. Issue: Estate Tax H.R.2380 - To make the repeal of the estate tax permanent. Issue: Estate Tax S.14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. Issue: Estate Tax H. R. 4172 - To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500,000. Issue: Estate Tax H. R. 4235 - Estate Tax Reduction Act of 2007. Issue: Estate Tax H. R. 4242 - Certain and Immediate Estate Tax Relief Act of 2007. Issue: Estate Tax H. R. 4042 - Family Farm, Small Business, and Home Tax Relief Act. Issue: Estate Tax S. 1994 - To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: Estate Tax H. R. 3475 - To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-ear termination of the estate tax, and for other purposes. Issue: Estate Tax S.CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. Issue: Estate Tax H.CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. Issue: Estate Tax H.R.1929 -To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: Estate Tax

Client expense: $1,472,800 · Firm income: Not reported

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

HR2205 Retirement Security for Life Act of 2007 S1010 Retirement Security for Life Act of 2007 HR1810 To amend the Internal Revenue Code for 1986, to permit the consolidation of Life Insurance Companies with other companies S1366 To amend the Interal Revenue Code of 1986, to permit the consolidation of Life Insurance Companies with other compa nies HR1509 To amend the Interal Revenue Code of 1986, to permanently extend the subpart F exemption for active financing income S940 To amend the Interal Revenue Code of 1986, to permanently extend the subpart F exemption for active financing income

Client expense: $1,070,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of

S. 349 - Small Business and Work Opportunity Act of 2007 S. 1366 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies H.R. 6049 - Energy and Tax Extenders Act of 2008 H.R. 7202 - Temporary Tax Relief Act of 2008 S. 3335 - Jobs, Energy, Families, and Disaster Relief Act of 2008 S. 2337 - Long-Term Care Affordability and Security Act of 2007 H.R. 3363 - Long-Term Care Affordability and Security Act of 2007 S. 1010 - To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments. S. 1141 - Automatic IRA Act of 2007 H.R. 976 - Small Business Tax Relief Act of 2007 H.R. 1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. H.R. 2205 - To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments. H.R. 2380 - Death Tax Repeal Permanency Act of 2007 H.R. 2167 - Automatic IRA Act of 2007 H.R. 6983 - Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 H.R. 7005 - Alternative Minimum Tax Relief Act of 2008 H.R. 7006 - Disaster Tax Relief Act of 2008 H.R. 7060 - Renewable Energy and Job Creation Tax Act of 2008

Client expense: Not reported · Firm income: $100,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 25 / S 1025--tax reform legislation; HR 2205 / S 1010--retirement security for life legislation; HR 1509 / S 940--subpart F legislation; HR 1810 / S 1366--life/non-life consolidated return legislation; HR 3200 / S 40--optional federal charter legislation; HR 3185 / HR 3765 / S 2473--401(k) fee disclosure legislation; HR 1098 / S 1145--patent reform legislation; PL 110-343--Emergency Economic Stabilization Act-market rescue and tax extenders legislation.

Client expense: $430,000 · Firm income: Not reported

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

H.R. 1810/S. 1366 - Legislation to permit consolidation of tax returns for life insurance companies with other companies, support legislation. H.R. 2205 - Retirement Security for Life Act of 2007, supporting entire legislation. S. 1010 - Retirement Security for Life Act of 2007, supporting entire legislation. Cross Border Taxation of Non-resident Employees.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

See attachment. TAX Third Quarter Report 2008 H.R. 150 - Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R. 1424 Energy Economic Stabilization Act 2008. Issue: taxation in life insurance companies. H.R. 1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: restrictions on life only solicitation. H. R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. Issue: restrictions on life only solicitation. H.R. 3970 - Tax Reduction and Reform Act of 2007. Issue: corporate tax changes. H.R. 4159 - Simplified USA Tax Act of 2007. Issue: taxation of life insurance products. H.R. 7242 Pension Protection Act IRC Amendments of 2008. Issue: LTC/ Annuity combo clarification. S. 1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other. TRACKING: H.R. 411 - To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H. R. 4042 - Family Farm, Small Business, and Home Tax Relief Act S. 14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. S. CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. H. CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013.

Client expense: $830,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Long Term Care: Class Act: HR 3001; S 1758. Long Term Care: Cafeteria plan: FSA Legislation: HR 3363; S 555. Pension Protection Act (Technical Correction, 2nd round): HR 6143; S 190. 401(k) plan fee issues: HR 3185. Life non-life consolidated returns: S 1366; HR 1810. Life Insurance, Annuities, Company Tax issues Education.

Client expense: $1,420,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

Long Term Care: Class Act (no bills yet). Pension Protection Act (Technical Correction, 2nd round). 401(k) plan fee issues (Rep. George Miller bill). Life non-life consolidated returns: S 1366; HR 1810. Life Insurance, Annuities, Company Tax issues Education.

Client expense: $1,280,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

Oppose repeal and support reform of estate taxes HR 2205, Support Lifetime Annuity Payout legislation S 1010, Support Lifetime Annuity Payout legislation; HR 1810, support consolidation of taxable income for affiliated life/nonlife companies; S 1366, support consolidation of taxable income for affiliated life/nonlife companies

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1810/S. 1366 (to repeal life-nonlife consolidated return restrictions)---support HR 2205/S.1010 (Retirement Security for Life Act) tax incentive to encourage lifetime annuitization from non-qualified annuities---support

Client expense: $760,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1366/H.R. 1810 (Consolidated Tax Returns); New Markets Tax Credit legislation; H.R. 7060; H.R. 7006; H.R. 6049; S. 3322 ( Disaster Tax Relief - tax).

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Taxation of financial services: S. 1366/H.R. 1810 (Consolidated Returns); H.R. 1429 (Emergency Economic Stabliization Act - life insurance taxation); H.R. 7242 (Pension Protection Act - IRC Amendments); Life Insurance Taxation.

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

Government targets: HOUSE OF REPRESENTATIVES, Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

HR 3200/ S 40, "National Insurance Act," regarding all provisions; HR 3363/ S 2337, "Long-Term Care Affordability and Security Act of 2008," regarding all provisions; HR 1810/ S 1366, "Consolidated Returns," regarding all provisions; S 504, "Long-Term Care Trust Account Act of 2007", regarding all provisions; HR 2582, "Qualified Long-Term Care Fairness Act of 2007", regarding all provisions; S 1758 "Community Living Assistance Services and Supports Act", regarding all provisions; HR 5559, "Long-Term Care and Security Act of 2008", regarding all provisions; HR 6237, "Tax Relief for Long-Term Care Act of 2008", regarding all provisions; HR 5543/S 1288, "Women's Retirement Security Act of 2008", regarding all provisions; HR 5840, "Insurance Information Act of 2008, regarding all provisions.

Client expense: $910,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade Representative (USTR)

Long Term Care (Class Act S. 1758, H.R. 3001); Life/Non-Life Consolidated Returns (S. 1366, H.R. 1810); General Product Tax Issues

Client expense: $1,090,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1366/H.R. 1810, to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies; legislation affecting taxation of insurance companies and products

Client expense: Not reported · Firm income: Not reported

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

See attachment. TAX Second Quarter Report 2008 H.R. 25 - Fair Tax Act of 2007 H.R.150 - Life Insurance Employee Notification Act H.R. 377 - Insuring Families for Their Future Act of 2007 H.R. 411 - To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H.R.1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. H.R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. H.R. 3970 - Tax Reduction and Reform Act of 2007 H.R. 4159 - Simplified USA Tax Act of 2007 H.R. 3361 - Pension Protection Technical Corrections Act of 2007 H.CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. S.14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. S.1025 Fair Tax Act of 2007 S.1111 Fair Flat Tax Act of 2007 S.1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other S.1974 - Pension Protection Technical Corrections Act of 2007 S.CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. Treasury Notice 2008-18 - Principle Based Reserves Treasury Notice 2007-15 - Simplification of correction programs for violation of sections 7702, 7702A and 817(h). Treasury Notice 2008-24 - Taxation of partial exchanges. Dept of Treasury - Internal Revenue Rule 2007-61 - suspending Revenue Rule 2007-54 and regulation project - calculating policyholders share of separate account for dividend received deduction.

Client expense: $910,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

See attachment. TAX Third Quarter Report 2008 H.R. 150 - Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R. 1424 Energy Economic Stabilization Act 2008. Issue: taxation in life insurance companies. H.R. 1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: restrictions on life only solicitation. H. R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. Issue: restrictions on life only solicitation. H.R. 3970 - Tax Reduction and Reform Act of 2007. Issue: corporate tax changes. H.R. 4159 - Simplified USA Tax Act of 2007. Issue: taxation of life insurance products. H.R. 7242 Pension Protection Act IRC Amendments of 2008. Issue: LTC/ Annuity combo clarification. S. 1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other. TRACKING: H.R. 411 - To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H. R. 4042 - Family Farm, Small Business, and Home Tax Relief Act S. 14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. S. CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. H. CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013.

Client expense: $830,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 25 - "Fair Tax Act of 2007" - --Fundamental tax reform's implications for companies and life insurance plans HR 150 - "Life Insurance Employee Notification Act" - --Corporate-owned Life Insurance HR 411 - "To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses" - Estate tax reform HR 1810 - "To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies" - Life/non-life consolidation HR 1929 - "To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax" - Estate tax reform HR 2380 - "To make the repeal of the estate tax permanent" - Estate tax reform S 14 - "A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes" - Estate tax reform S 1025 - "Fair Tax Act of 2007" - Fundamental tax reform S 1111 - "Fair Flat Tax Act of 2007" - Fundamental tax reform's implications for companies and life insurance products S 1366 - "A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other" -Life/non-life consolidation HR 377 - "Insuring Families for Their Future Act of 2007" - Dollar limitation on employer-provided group term life insurance HR 3361/S 1974 - "Pension Protection Technical Corrections Act of 2007" - Monitoring all provisions to prepare for practical implications HR 4172 - "To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500.000" - Estate tax reform HR 4235 - "Estate Tax Reduction Act of 2007" - Estate tax reform HR 4242 - "Certain and Immediate Estate Tax Relief Act of 2007" - Estate tax reform HR 4042 - "Family Farm, Small Business and Home Tax Relief Act" - Estate tax reform S 1994 - "To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax" - Estate tax reform HR 3170 - "To make permanent the individual income tax rates for capital gains, and for other purposes" - Estate tax reform HR 3475 - "To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1 year termination of the estate tax, and for other purposes" - Estate tax reform HR 4839/HR 4195/S 2374 - "Tax Technical Corrections Act of 2007" - Monitoring all provisions to prepare for practical implications HR 3970 - "Tax Reduction and Reform Act of 2007" - Fundamental tax reform's implications for companies and life insurance products

Client expense: $610,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of, U.S. Copyright Office

Taxation of Life Insurance, HR2005, S101, HR1810, S1366, HR1424

Client expense: $177,348 · Firm income: Not reported

Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of

H.R. 1810/S. 1366 - Legislation to permit consolidation of tax returns for life insurance companies with other companies, support legislation. H.R. 2205 - Retirement Security for Life Act of 2007, supporting entire legislation. S. 1010 - Retirement Security for Life Act of 2007, supporting entire legislation. Cross Border Taxation of Non-resident Employees.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Taxation of Life Insurance, ACLI Changes in Tax Methodology, HR2005, S101, HR1810, S1366, HR1424.

Client expense: $177,348 · Firm income: Not reported

Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of

HR2205 Retirement Security for Life Act of 2007 S1010 Retirement Security for Life Act of 2007 HR1810 To amend the Internal Revenue code for 1986, to permit the consolidation of Life Insurance Companies with other compani S1366 To amend the Internal Revenue Code of 1986, to permit the consolidation of Life Insurance Companies with other companies HR1509 To amend the Internal Revenue Code of 1986, to permanently extend the subpart F exemption for active financing income S940 To amend the Internal Reveneue Code of 1986, to permanently extend the subpart F exemption for active financing income

Client expense: $640,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), SENATE

HR 25 / S 1025--tax reform legislation; HR 2205 / S 1010--retirement security for life legislation; HR 1509 / S 940--subpart F legislation; HR 1810 / S 1366--life/non-life consolidated return legislation; HR 3200 / S 40--optional federal charter legislation; HR 3185 / HR 3765 / S 2473--401(k) fee disclosure legislation; HR 1098 / S 1145--patent reform legislation; HR 6049--tax extension legislation; HR 3221--foreclosure prevention legislation.; HR 1424--market rescue and tax extender legislation.

Client expense: $490,000 · Firm income: Not reported

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

H.R.150 - Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: restrictions on life only solicitation. S.1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other. H. R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. Issue: restrictions on life only solicitation. H.R.3970 - Tax Reduction and Reform Act of 2007. Issue: corporate tax changes. H.R.4159 - Simplified USA Tax Act of 2007. Issue: taxation of life insurance products. H.R. 1424 Energy Economic Stabilization Act 2008. Issue: taxation in life insurance companies. H.R. 7242 Pension Protection Act IRC Amendments of 2008. Issue: LTC/ Annuity combo clarification. TRACKING: H.R.411 -To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H.R.2380 - To make the repeal of the estate tax permanent. S.14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. H. R. 4172 - To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500,000. H. R. 4235 - Estate Tax Reduction Act of 2007 H. R. 4242 - Certain and Immediate Estate Tax Relief Act of 2007 H. R. 4042 - Family Farm, Small Business, and Home Tax Relief Act S. 1994 - To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. H. R. 3475 - To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-ear termination of the estate tax, and for other purposes. S.CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. H.CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. H.R.1929 -To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax.

Client expense: $1,219,600 · Firm income: Not reported

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

S. 349 - Small Business and Work Opportunity Act of 2007 S. 1366 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies H.R. 6049 - Energy and Tax Extenders Act of 2008 H.R. 7202 - Temporary Tax Relief Act of 2008 S. 3335 - Jobs, Energy, Families, and Disaster Relief Act of 2008 S. 2337 - Long-Term Care Affordability and Security Act of 2007 H.R. 3363 - Long-Term Care Affordability and Security Act of 2007 S. 1010 - To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments. S. 1141 - Automatic IRA Act of 2007 H.R. 976 - Small Business Tax Relief Act of 2007 H.R. 1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. H.R. 2205 - To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments. H.R. 2380 - Death Tax Repeal Permanency Act of 2007 H.R. 2167 - Automatic IRA Act of 2007

Client expense: Not reported · Firm income: $100,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S Con. Res 21, Oppose repeal and support reform of estate taxes HR 2205, Support Lifetime Annuity Payout legislation S 1010, Support Lifetime Annuity Payout legislation; HR 1810, support consolidation of taxable income for affiliated life/nonlife companies; S 1366, support consolidation of taxable income for affiliated life/nonlife companies

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.411 -To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H.R.3970 - Tax Reduction and Reform Act of 2007 H.R.4159 - Simplified USA Tax Act of 2007 H.R.25 - Fair Tax Act of 2007 H.R.150 - Life Insurance Employee Notification Act H.R.1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. H.R.1929 -To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. H.R.2380 - To make the repeal of the estate tax permanent. S.14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. S.1025 Fair Tax Act of 2007 S.1111 Fair Flat Tax Act of 2007 S.1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other H.R.377 -Insuring Families for Their Future Act of 2007 H.R.3361 - Pension Protection Technical Corrections Act of 2007 S.1974 - Pension Protection Technical Corrections Act of 2007 H. R. 4172 - To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax and repeal the carryover basis rule and to increase the estate tax unified credit to an exclusion equivalent of $3,500,000. H. R. 4235 - Estate Tax Reduction Act of 2007 H. R. 4242 - Certain and Immediate Estate Tax Relief Act of 2007 H. R. 4042 - Family Farm, Small Business, and Home Tax Relief Act S. 1994 - To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. H. R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. H. R. 3475 - To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-ear termination of the estate tax, and for other purposes. S.CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. H.CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013.

Client expense: $920,600 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

HR 1810/S. 1366 (to repeal life-nonlife consolidated return restrictions)---support HR 2205/S.1010 (Retirement Security for Life Act) tax incentive to encourage lifetime annuitization from non-qualified annuities---support

Client expense: $250,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1366/H.R. 1810, to amend the Internal Revenue code of 1986 to permit the consolidation of life insurance companies with other companies; legislation affecting taxation of insurance companies and products; H.R. 1023, to repeal withholding on certain payments made to vendors by government entities; H.R. 5719, Taxpayer Assistance and Simplification Act of 2008, to delay implementation of withholding taxes on government contractors

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

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

S. 1366/H.R. 1810, to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies; legislation affecting taxation of insurance companies and products

Client expense: Not reported · Firm income: Not reported

HR 3200/ S 40, "National Insurance Act," regarding all provisions; HR 3363/ S 2337, "Long-Term Care Affordability and Security Act of 2008," regarding all provisions; HR 1810/ S 1366, "Consolidated Returns," regarding all provisions; S 504, "Long-Term Care Trust Account Act of 2007", regarding all provisions; HR 2582, "Qualified Long-Term Care Fairness Act of 2007", regarding all provisions; S 1758 "Community Living Assistance Services and Supports Act", regarding all provisions; HR 5559, "Long-Term Care and Security Act of 2008", regarding all provisions; HR 6237, "Tax Relief for Long-Term Care Act of 2008", regarding all provisions; HR 5543/S 1288, "Women's Retirement Security Act of 2008", regarding all provisions; HR 5840, "Insurance Information Act of 2008, regarding all provisions.

Client expense: $880,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade Representative (USTR)

See attachment. TAX Second Quarter Report 2008 H.R. 25 - Fair Tax Act of 2007 H.R.150 - Life Insurance Employee Notification Act H.R. 377 - Insuring Families for Their Future Act of 2007 H.R. 411 - To amend the Internal Revenue Code of 1986 to make permanent certain temporary provisions applicable to individuals, including the sales tax deduction, the child credit, the repeal of the estate tax, and the deduction for higher education expenses. H.R.1810 - To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. H.R. 3170 - To make permanent the individual income tax rates for capital gains, and for other purposes. H.R. 3970 - Tax Reduction and Reform Act of 2007 H.R. 4159 - Simplified USA Tax Act of 2007 H.R. 3361 - Pension Protection Technical Corrections Act of 2007 H.CON.RES.312 Revising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. S.14 - A bill to repeal the sunset on certain tax rates and other incentives and to repeal the individual alternative minimum tax, and for other purposes. S.1025 Fair Tax Act of 2007 S.1111 Fair Flat Tax Act of 2007 S.1366 -A bill to amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other S.1974 - Pension Protection Technical Corrections Act of 2007 S.CON.RES.70 An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. Treasury Notice 2008-18 - Principle Based Reserves Treasury Notice 2007-15 - Simplification of correction programs for violation of sections 7702, 7702A and 817(h). Treasury Notice 2008-24 - Taxation of partial exchanges. Dept of Treasury - Internal Revenue Rule 2007-61 - suspending Revenue Rule 2007-54 and regulation project - calculating policyholders share of separate account for dividend received deduction.

Client expense: $910,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Long Term Care: Class Act: HR 3001; S 1758. Long Term Care: Cafeteria plan: FSA Legislation: HR 3363; S 555. Pension Protection Act (Technical Correction, 2nd round): HR 6143; S 190. 401(k) plan fee issues: HR 3185. Life non-life consolidated returns: S 1366; HR 1810. Life Insurance, Annuities, Company Tax issues Education.

Client expense: $1,260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

HR 3359 (multi-state taxation), Estate Taxes, HR2205 & S101 (Retirement Security for Life Act), HR1810 & S1366 (Life/Non-Life Consolidated Tax Return Legislation), Legislative changes for non-qualified deferred compensation, Treasury Notice 2008-18 (Tax Reform)

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

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

HR 3359 (multi-state taxation), Estate Taxes, HR2205 & S101 (Retirement Security for Life Act), HR1810 & S1366 (Life/Non-Life Consolidated Tax Return Legislation), Legislative changes for non-qualified deferred compensation, Treasury Notice 2008-18 (Tax Reform)

Client expense: $160,000 · Firm income: Not reported

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

CSO Transition Issues, Notice 2007-15 (Contract Corrections), Taxation of insurance products, Retirement savings rules, 401(K) fee disclosures, SA Dividend Received Deduction, Tax Reform, Treasury Notice 2008-18 Actuarial Guidelines, Estate Tax reform, Life and Non-life Consolidated Tax Return Legislation (HR1810, S1366)

Client expense: $170,000 · Firm income: Not reported

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

HR 3359 (multi-state taxation), Estate Taxes, HR2205 & S101 (Retirement Security for Life Act), HR1810 & S1366 (Life/Non-Life Consolidated Tax Return Legislation), Legislative changes for non-qualified deferred compensation, Treasury Notice 2008-18 (Tax Reform)

Client expense: $160,000 · Firm income: Not reported

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