Offshore Deferred Compensation Reform Act of 2007

S. 2044, Independent Contractor Proper Classification Act of 2007, provisions relating to classification of employees and independent contractors, and for other purposes. S. 2199, Offshore Deferred Compensation Reform Act of 2007, provisions relating the ability of U.S. taxpayers to defer nonqualified deferred compensation in offshore tax havens S. 1689/H.R. 1540, Civil Rights Tax Relief Act of 2007, all provisions relating to excluding from gross income amounts received on account of claims based on certain unlawful discrimination and to allow income averaging for backpay and frontpay awards received on account of such claims H.R. 3997, Defenders of Freedom Tax Relief Act of 2007, Section 305 relating to deferred compensation of foreign employees working in the United States Relating to the date by which companies are required to amend their deferred compensation plans under Section 409A of the tax code H.R. 1424. To provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy (as passed by Senate and House), Section 801, provisions relating to restrictions on offshore nonqualified deferred compensation. H.R. 6049, Renewable Energy and Job Creation Act of 2008 (as placed on Calendar in Senate) Section 401, provisions relating to restrictions on offshore nonqualified deferred compensation S.3335, Jobs, Energy, Families, and Disaster Relief Act of 2008, Section 601, provisions relating to restrictions on offshore nonqualified deferred compensation U.S. Department of the Treasury, Interim Rule on TARP Capital Purchase Program, 31 C.F.R. Part 30, 73 Fed. Reg. 62,205 (Oct. 20, 2008), all provisions relating to restrictions on executive compensation and corporate governance practices and the taxation of executive compensation. [NOTE: Center On Executive Compensation filed comments in response to this on October 27, 2008] U.S. Department of the Treasury, Interim Rule on Troubled Assets Through Auction Purchase, Notice 2008-TAAP, all provisions relating to restrictions on executive compensation practices and corporate governance practices and the taxation of executive compensation. U.S. Departrment of the Treasury, Interim Rule on Programs for Systemically Significant Failing Institutions, Notice 2008-PSSFI, all provisions relating to restrictions on executive compensation practices and corporate governance practices and the taxation of executive compensation. Internal Revenue Service, Notice 2008-94, provisions relating to limits on compensation under Section 162(m) and 280G.

Client expense: Not reported · Firm income: $480,000

Government targets: Employment Standards Administration, Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

S. 819/ H.R. 1419 (Public Good IRA Rollover Act of 2007); S. 1141/ H.R. 2167 (Automatic IRA Act of 2007); S. 1010/ H.R. 2205 (Retirement Security for Life Act of 2007); S. 2 (Fair Minimum Wage Act of 2007); S. 1725 (Restoring Pension Promises to Workers Act); S. 1288 (Women's Retirement Security Act of 2007); H.R. 2669 (College Cost Reduction Act of 2007); H.R. 2831 (Ledbetter Fair Pay Act of 2007); Pension technicals; Fee disclosure and transparency; Small business pension coverage; Pension Protection Act implementation (investment advice); Wrap fee revenue ruling request; 529 plan regulatory project; Proposed regulation on Sec. 408(b)(2) of ERISA; RFI on disclosure to participants; Form 5500 revisions; H.R. 3923 (Offshore Deferred Compensation Act of 2007); S. 2199 (Offshore Deferred Compensation Act of 2007); S. 2473 (Defined Contribution Fee Disclosure Act of 2007); H.R. 3185 (The 401(K) Fair Disclosure for Retirement Security Act of 2007); H.R. 5160 (Save Act of 2008); H.R. 3765 (Defined Contribution Plan Fee Transparency Act of 2007); S. 2794 (Senior Investor Protection Act of 2008); H.R. 6143 (Pension Protection ERISA Amendments of 2008); Auction Rate Securities/IRA Exemption; H.R. 7327 (Worker, Retiree and Employer Recovery Act of 2008).

Client expense: $1,320,000 · Firm income: Not reported

International taxation: S. 1006; HR 1672; S. 96; S. 681 Taxation on insurance companies; taxation of reinsurance transactions: HR 6969 Tax-deferred catastrophic reserves: Policyholder Disaster Protection Act of 2007 - S. 926, HR 164 Offshore Deferred Compensation Reform Act of 2007 - S. 2199

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

Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R.1424, Emergency Economic Stabilization Act of 2008. H.R.6049, Renewable Energy and Job Creation Act of 2008 (Tax Extenders Act). Issues related to private equity and taxes. Issues related to Sovereign Wealth Funds. H.R.2834, To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services; issues related to carried interest tax treatment. S.1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services; issues related to changes to publicly traded partnerships. H.R.3996, Temporary Tax Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. H.R.4351, AMT Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. S.2199/H.R.3923, Offshore Deferred Compensation Reform Act of 2007. Issues related to H.R.2419/S.2302, FARM Bill. Issues related to the FY09 Budget.

Client expense: Not reported · Firm income: $2,560,000

H.R. 4351, AMT Relief Act of 2007, issues related to revenue offsets; H.R. 3923 / S. 2199, Offshore Deferred Compensation Reform Act of 2007, to amend the IRC of '86 to provide for the treatment of certain foreign nonqualified deferred comp.; H.R. 2834, to amend the IRC of '86 to treat income received by partners for performing investment management services as ordinary income; H.R. 3970, Tax Reduction and Reform Act of 2007; H.R. 6049, the Renewable Energy & Job Creation Act; H.R. 3125, Energy Independence & Tax Relief Act; H.R. 6275, AMT Relief Act; H.R. 7060, the Renewable Energy & Job Creation Tax Act; H.R. 6049, the Renewable Energy & Job Creation Tax Act; H.R. 6899, Energy Tax Incentives Act: H.R. 6275, AMT Relief Act; S. 3335, Jobs, Energy, Families and Disaster Relief Act; H.R. 1424, Tax Extenders and AMT Relief Act; S. 3098, AMT & Extenders Tax Relief Act of 2008, issues related to revenue offsets.

Client expense: Not reported · Firm income: $20,000

H.R. 5351, Renewable Energy and Energy Conservation Tax Act of 2008, provisions on oil and gas tax credits H.R. 1023, Withholding Tax Relief Act of 2007, provisions on 3% Tax Withholding Law H.R. 5719, Taxpayer Assistance and Simplification Act of 2008, provisions on Withholding Delay, Prohibition on Private Debt Collection H.R. 3996, Temporary Tax Relief Act of 2007, including provisions related to bonus depreciation and increased expensing. 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. 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. H.R.2380, To make the repeal of the estate tax permanent. H. R. 4242, Certain and Immediate Estate Tax Relief Act of 2007 H.R.3170, Capital Gains and Estate Tax Relief Act of 2007 S.1726, Business Activity Tax Simplification Act of 2007. H.R. 5267, Business Activity Tax Simplification Act of 2008. S.AMDT.4160 to S.CON.RES.70 To provide tax relief to middle-class families and small businesses, property tax relief to homeowners. S.AMDT.4170 to S.CON.RES.70 To protect families, family farms and small businesses by extending the income tax rate structure, raising the death tax exemption to $5 million and reducing the maximum death tax rate to no more than 35%; to keep education affordable by extending the college tuition deduction; and to protect senior citizens from higher taxes on their retirement income, maintain U.S. financial market competitiveness, and promote economic growth by extending the lower tax rates on dividends and capital gains. S.AMDT.4191 and S.AMDT.4372 to S.CON.RES.70 To protect small businesses, family ranches and farms from the Death Tax by providing a $5 million exemption, a low rate for smaller estates and a maximum rate no higher than 35%. S.AMDT.4348 to S.CON.RES.70 including the portion on extending expiring tax provisions such as the R&D Tax Credit. S. 2209, Research Credit Improvement Act of 2007 H.R. 1712, Research and Development Tax Credit Act of 2007 S. 41, Research Competitiveness Act of 2007 S. 2318, AMT Repeal and Tax Freedom Act S. 2293, Individual Alternative Minimum Tax Repeal Act of 2007 H.R. 4351, AMT Relief Act of 2007 S. 2199/H.R. 3923, Offshore Deferred Compensation Reform Act of 2007 H.R. 5140, Economic Stimulus Act of 2008, provisions on bonus depreciation, increased expensing and taxes H.R. 5109/S.2592, Economic Growth Act of 2008 H.R. 5720, Housing Assistance Tax Act of 2008 S. 2821, Clean Energy Tax Stimulus Act of 2008 H.R. 6049, Energy and Tax Extender Act of 2008 H.R. 6275, Alternative Minimum Tax Relief Act of 2008 S. 3125, Energy Independence and Tax Relief Act of 2008 S. 3044, Consumer-First Energy Act of 2008 The following issues did not have any specific legislation introduced: Issues related to the Research and Development Tax Credit Corporate repatriation of income earned abroad Temporary Waiver of the Income Tax Related to the Cancellation of Indebtedness Issues related to the Alternative Minimum Tax Legislation related to Estate/ Death Tax Issues Legislation to stimulate economic activity and spur job growth Economic Stimulus Legislation Possible legislation regarding a second economic stimulus bill Possible legislation regarding the automotive industry rescue plan S.____ A bill to amend the Internal Revenue Code of 1986 to stimulate business investment, and for other purposes H.R. 7044, To amend the Internal Revenue Code of 1986 to allow a temporary dividends received deduction for taxable years beginning in 2008 or 2009. S. 2668, the Modernize Our Bookkeeping In the Law for Employee's (MOBILE) Cell Phone Act of 2008 - including provisions relating to removing cell phones from the definition of "listed property". H.R. 6601, the Small Business Tax Modernization Act of 2008 - including provisions relating to removing cell phones from the definition of "listed property" H.R. 5793, the Cell Tax Fairness Act of 2008 S. 2519, Contracting and Tax Accountability Act of 2007, provisions on Tax Delinquency for Contractors. IRS Proposed Rule REG-158747-06: IRS Proposed Rule on Withholding Under Internal Revenue Code Section 3402(t) S. 777, Withholding Tax Relief Act of 2007, provisions on 3% Tax Withholding Law H.R. 1424/H.R. 3997, Emergency Economic Stabilization Act of 2008 IRS Notice 2008-9, to facilitate liquidity in the near term, IRS and Treasury will issue regulations providing that, for Section 956 purposes, a CFC may choose to exclude from the definition of obligation an obligation held by the CFC that would be an investment in United States property if the obligation is collected within 60 days from the time it is incurred

H.R. 4351, AMT Relief Act of 2007, issues related to revenue offsets; H.R. 3923 / S. 2199, Offshore Deferred Compensation Reform Act of 2007, to amend the IRC of '86 to provide for the treatment of certain foreign nonqualified deferred comp.; H.R. 2834, to amend the IRC of '86 to treat income received by partners for performing investment management services as ordinary income; H.R. 3970, Tax Reduction and Reform Act of 2007; H.R. 6049, the Renewable Energy & Job Creation Act; H.R. 3125, Energy Independence & Tax Relief Act; H.R. 6275, AMT Relief Act; H.R. 7060, the Renewable Energy & Job Creation Tax Act; H.R. 6049, the Renewable Energy & Job Creation Tax Act; H.R. 6899, Energy Tax Incentives Act: H.R. 6275, AMT Relief Act; S. 3335, Jobs, Energy, Families and Disaster Relief Act; H.R. 1424, Tax Extenders and AMT Relief Act; S. 3098, AMT & Extenders Tax Relief Act of 2008, issues related to revenue offsets.

Client expense: Not reported · Firm income: $83,000

S. 819/ H.R. 1419 (Public Good IRA Rollover Act of 2007); S. 1141/ H.R. 2167 (Automatic IRA Act of 2007); S. 1010/ H.R. 2205 (Retirement Security for Life Act of 2007); S. 2 (Fair Minimum Wage Act of 2007); S. 1725 (Restoring Pension Promises to Workers Act); S. 1288 (Women's Retirement Security Act of 2007); H.R. 2669 (College Cost Reduction Act of 2007); H.R. 2831 (Ledbetter Fair Pay Act of 2007); Pension technicals; Fee disclosure and transparency; Small business pension coverage; Pension Protection Act implementation; Wrap fee revenue ruling request; 529 plan regulatory project; Proposed regulation on Sec. 408(b)(2) of ERISA; RFI on disclosure to participants; Form 5500 revisions; H.R. 3923/ S. 2199 (Offshore Deferred Compensation Act of 2007); S. 2473 (Defined Contribution Fee Disclosure Act of 2007); H.R. 3185 (The 401(K) Fair Disclosure for Retirement Security Act of 2007); H.R. 5160 (Save Act of 2008); H.R. 3765 (Defined Contribution Plan Fee Transparency Act of 2007); S. 2794 (Senior Investor Protection Act of 2008); H.R. 6143 (Pension Protection ERISA Amendments of 2008); Auction Rate Securities/IRA Exemption.

Client expense: $1,430,000 · Firm income: Not reported

Deferred Compensation Legislation (H.R. 3923; H.R. 6049; H.R. 7060; H.R. 1424; S. 2199)

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

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

Meetings and calls with Members and staff of House and Senate Committees and agency officials concerning possible legislation and regulatory measures and Congressional studies affecting hedge funds and other alternative investments. H.R. 2834 To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 2785 To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. H.R. 3501 To amend the Internal Revenue Code of 1986 to provide that indebtedness incurred by a partnership in acquiring securities and commodities is not treated as acquisition indebtedness by organizations which are limited partners for purposes of the unrelated business income tax. H.R. 3923 To amend the Internal Revenue Code of 1986 to provide for the treatment of certain foreign nonqualified deferred compensation. H.R. 3996 To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. H.R. 3970 To amend the Internal Revenue Code of 1986 to provide additional tax relief to low and moderate income individuals, to repeal the individual alternative minimum tax, to reform the corporate income tax, and for other purposes. S. 55 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax S. 681 Stop Tax Haven Abuse Act S. 1624 To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services S. 2199 To amend the Internal Revenue Code of 1986 to provide for the treatment of certain foreign nonqualified deferred compensation. S. 2293 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes. S. 2318 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax and to permanently extend the reductions in income tax rates, and for other purposes. Section 409A of the Internal Revenue Code H.R. 6049, the Renewable Energy and Job Creation Act of 2008 H.R.6275 Alternative Minimum Tax Relief Act of 2008

S. 2044, Independent Contractor Proper Classification Act of 2007, provisions relating to classification of employees and independent contractors, and for other purposes. S. 2199, Offshore Deferred Compensation Reform Act of 2007, provisions relating the ability of U.S. taxpayers to defer nonqualified deferred compensation in offshore tax havens S. 1689/H.R. 1540, Civil Rights Tax Relief Act of 2007, all provisions relating to excluding from gross income amounts received on account of claims based on certain unlawful discrimination and to allow income averaging for backpay and frontpay awards received on account of such claims H.R. 3997, Defenders of Freedom Tax Relief Act of 2007, Section 305 relating to deferred compensation of foreign employees working in the United States Relating to the date by which companies are required to amend their deferred compensation plans under Section 409A of the tax code H.R. 1424. To provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy (as passed by Senate and House), Section 801, provisions relating to restrictions on offshore nonqualified deferred compensation. H.R. 6049, Renewable Energy and Job Creation Act of 2008 (as placed on Calendar in Senate) Section 401, provisions relating to restrictions on offshore nonqualified deferred compensation S.3335, Jobs, Energy, Families, and Disaster Relief Act of 2008, Section 601, provisions relating to restrictions on offshore nonqualified deferred compensation

Client expense: Not reported · Firm income: $480,000

International taxation: S. 1006; HR 1672; S. 96; S. 681 Taxation on insurance companies; taxation of reinsurance transactions: HR 6969 Tax-deferred catastrophic reserves: Policyholder Disaster Protection Act of 2007 - S. 926, HR 164 Offshore Deferred Compensation Reform Act of 2007 - S. 2199

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

Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Shareholder Votes on Executive Compensation Act - H.R. 1257 Paycheck Fairness Act H.R. 1338 Emergency Economic Stabilization Act - H.R. 1424 Tax Equity for Health Plan Beneficiaries Act of 2007 - H.R. 1820 Pension Security Act of 2007 - H.R. 2683 Lilly Ledbetter Fair Pay Act of 2007 - H.R. 2831 Federal Aviation Administration (FAA) Reauthorization Act (benefits provisions) H.R. 2881 Tax Collection Responsibility Act of 2007 - H.R. 3056 401 (k) Fair Disclosure for Retirement Security Act - H.R. 3185 ADA Restoration Act of 2007 - H.R. 3195 Mutual Fund Fee Reform Act H.R. 3225 Pension Protection Technical Corrections Act of 2007 - H.R. 3361 Long-Term Care Affordability and Security Act of 2007 - H.R. 3363 Protecting Employees and Retirees in Business Bankruptcies Act of 2007 - H.R. 3652 Defined Contribution Plan Fee Transparency Act of 2007 - H.R. 3765 AMT Credit Fairness and Relief Act - H.R. 3861 Tax Reduction and Reform Act of 2007 - H. R. 3970 The Temporary Tax Relief Act of 2007/Tax Increase Prevention Act of 2007 - H.R. 3996 Defenders of Freedom Tax Relief Act of 2007/Heroes Earnings Assistance and Tax Relief Act of 2007 title as passed - H.R. 3997 AMT Relief Act of 2007 - H.R. 4351 The Small Business Add Value for Employees (SAVE) Act of 2008 H.R. 5160 Energy and Tax Extenders Act of 2008/Renewable Energy and Job Creation Act of 2008/Energy Improvement and Extension Act of 2008 H.R. 6049 Heroes Earnings Assistance and Relief Tax Act H.R. 6081 Roadmap for Americas Future Act of 2008 H.R. 6110 Pension Protection Act ERISA Amendments of 2008 H.R. 6143 ERISA Amendments H.R. 6142 Pension Protection Technical Corrections Act of 2008 H.R. 6382 Commodity Markets Transparency and Accountability Act & Substitute amendment H.R. 6604 401 (k) Plan Debit Card Bill H.R. 6708 Hurricane Tax Relief Act of 2008 H.R. 6958 Alternative Minimum Tax Relief Act of 2008 H.R. 7005 Disaster Tax Relief Act of 2008 H.R. 7006 Renewable Energy and Job Creation Tax Act of 2008 (tax extenders) H.R. 7060 Senate Tax Equity for Domestic Partner and Health Plan Beneficiaries Act - S. 1556 Defenders of Freedom Tax Relief Act of 2007 - S. 1593 Alternative Investments, Amending Internal Revenue Code provisions taxing partnerships involving alternative investments S.1624 Restoring Pension Promises to Workers Act S. 1725 Fair Pay Restoration Act - S. 1843 Americans with Disabilities Act Restoration Act of 2007 - S. 1881 Pension Protection Technical Corrections Act of 2007 - S. 1974 Independent Contractor Proper Classification Act of 2007 - S. 2044 Protecting Employees and Retirees in Business Bankruptcies Act of 2007 - S. 2092 Offshore Deferred Compensation Reform Act of 2007 - S. 2199 Long-Term Care Affordability and Security Act of 2007 - S. 2337 Defined Contribution Fee Disclosure Act of 2007 - S. 2473 AMT Credit Fairness and Relief Act S. 2389 Incentives for Older Workers Act S. 2933 Alternative Minimum Tax and Extenders Tax Relief Act of 2008 S. 3098 Energy Independence and Tax Relief Act of 2008 S. 3125 Title VII Fairness Act S. 3209 Commodity Speculation Reform Act of 2008 - S. 3248 Stop Excessive Energy Speculation Act of 2008 - S. 3268 401 (k) Plan Debit Card Bill S. 3278 The Jobs, Energy, Families, and Disaster Relief Act S.3335 (extenders, deferred comp) ADA Amendments Act S. 3406 Regulatory communication with covered federal officials on legislative issues. Legislation Treasury/IRS Emergency Economic Stabilization Act H.R. 1424 Treasury/IRS - Pension Protection Act Technical Corrections (PPA) - H.R. 3361, H.R. 6382, S. 1974 DOL on 401 (k) fee disclosure - H.R. 3185, H.R. 3765, S. 2473 Treasury/IRS - on hybrid plan issues Treasury/IRS on 409A and deferred compensation Treasury/IRS on pension funding Treasury/IRS - guidance on benefits provisions of the HEART Act H.R. 6081 Treasury/IRS on benefit accruals and anti-backloading Treasury/IRS Hurricane relief H.R. 6958, H.R. 7006

H.R. 6275, Alternative Minimum Tax Relief Act of 2008 H.R. 6049, Renewable Energy and Job Creation Act of 2008 H.R. 3221, Housing and Economic Recovery Act of 2008 (enacted as Public Law 110-289) H.R. 5267, Business Activity Tax Simplification Act of 2008 H.R. 6601, Small Business Tax Modernization Act of 2008 H.R. 6899, Comprehensive American Energy Security and Consumer Protection Act: Title VIII provisions on Energy Tax Incentives H.R. 1023/S. 777, Withholding Tax Relief Act of 2007, provisions on 3%Tax Withholding Law H.R. 3056, Tax Collection Responsibility Act, provisions on Withholding Delay, Prohibition on Private Debt Collection H.R. 5719, Taxpayer Assistance and Simplification Act of 2008: provisions on Withholding Delay, Prohibition on Private Debt Collection S. 2519, Contracting and Tax Accountability Act of 2007, provisions on Tax Delinquency for Contractors Tax Delinquency FAR Case 2006011: Tax certifications by contractors S. 2668, To amend the Internal Revenue Code of 1986 to remove cell phones from listed property under section 280F H.R. 3997, Emergency Economic Stabilization Act of 2008: all tax provisions and proposals H.R. 5351, Renewable Energy and Energy Conservation Tax Act of 2008, including the repeal of oil and gas tax credits. Senate Budget Resolution for FY2009: all tax provisions and proposals H.R. 3996, Temporary Tax Relief Act of 2007, including bonus depreciation and increased expensing. Estate/ Death Tax Issues 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. 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. H.R. 2380, To make the repeal of the estate tax permanent. H.R. 4235, Estate Tax Reduction Act of 2007 H.R. 4242, Certain and Immediate Estate Tax Relief Act of 2007 H.R. 3170, To make permanent the individual income tax rates for capital gains, and for other purposes. S.1726/H.R. 5267, Business Activity Tax Simplification Act of 2007. S.AMDT.4160 to S.CON.RES.70 To provide tax relief to middle-class families and small businesses, property tax relief to homeowners. S.AMDT.4170 to S.CON.RES.70 To protect families, family farms and small businesses by extending the income tax rate structure, raising the death tax exemption to $5 million and reducing the maximum death tax rate to no more than 35%; to keep education affordable by extending the college tuition deduction; and to protect senior citizens from higher taxes on their retirement income, maintain U.S. financial market competitiveness, and promote economic growth by extending the lower tax rates on dividends and capital gains. S.AMDT.4191 and S.AMDT.4372 to S.CON.RES.70 To protect small businesses, family ranches and farms from the Death Tax by providing a $5 million exemption, a low rate for smaller estates and a maximum rate no higher than 35%. Research and Development Tax Credit Issues S.AMDT.4348 to S.CON.RES.70 including the portion on extending expiring tax provisions such as the R&D Tax Credit. S. 2209, Research Credit Improvement Act of 2007 H.R. 1712, Research and Development Tax Credit Act of 2007 S. 41, Research Competitiveness Act of 2007 S. 2318, AMT Repeal and Tax Freedom S. 2293, Individual Alternative Minimum Tax Repeal Act of 2007 H.R. 4351, AMT Relief Act of 2007 S. 2199, Offshore Deferred Compensation Reform Act of 2007 H.R. 5267, Offshore Deferred Compensation Reform Act of 2007 H.R. 5140, Economic Stimulus Act of 2008, including the bonus depreciation, increased expensing and the tax portions of this Act H.R. 5109, Economic Growth Act S. 2592, A bill to amend the Internal Revenue Code of 1986 to provide for permanent tax incentives for economic growth Senator Specter Proposal to Promote Economic Growth (not introduced) H.R. 5720, Housing Assistance Tax Act S. 2821, Clean Energy Tax Stimulus Act H.R. 6049, Energy and Tax Extender Act of 2008 H.R. 6275, Alternative Minimum Tax Relief Act of 2008 H.R. 2642, War Supplemental: tax provisions and proposals S. 3125, Energy Independence and Tax Relief Act of 2008 S. 3044, Consumer-First Energy Act of 2008 H.R. 6601, Small Business Tax Modernization Act of 2008 H.R. 6617, Strengthening Communities Through Education and Integration Act of 2008 U.S. income tax treaties with Canada and Iceland New tax convention with Bulgaria H.R. 5793, the Cell Tax Fairness Act of 2008

H.R. 4351, AMT Relief Act of 2007, issues related to revenue offsets; H.R. 3923 / S. 2199, Offshore Deferred Compensation Reform Act of 2007, to amend the IRC of '86 to provide for the treatment of certain foreign nonqualified deferred comp.; H.R. 2834, to amend the IRC of '86 to treat income received by partners for performing investment management services as ordinary income; H.R. 3970, Tax Reduction and Reform Act of 2007; H.R. 6049, the Renewable Energy & Job Creation Act; H.R. 3125, Energy Independence & Tax Relief Act; H.R. 6275, AMT Relief Act; H.R. 7060, the Renewable Energy & Job Creation Tax Act; H.R. 6049, the Renewable Energy & Job Creation Tax Act; H.R. 6899, Energy Tax Incentives Act: H.R. 6275, AMT Relief Act; S. 3335, Jobs, Energy, Families and Disaster Relief Act; H.R. 1424, Tax Extenders and AMT Relief Act; S. 3098, AMT & Extenders Tax Relief Act of 2008, issues related to revenue offsets.

Client expense: Not reported · Firm income: $94,500

H.R.1424, Emergency Economic Stabilization Act of 2008. H.R.6049, Renewable Energy and Job Creation Act of 2008 (Tax Extenders Act). Issues related to private equity and taxes. Issues related to Sovereign Wealth Funds. H.R.2834, To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services; issues related to carried interest tax treatment. S.1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services; issues related to changes to publicly traded partnerships. H.R.3996, Temporary Tax Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. H.R.4351, AMT Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. S.2199/H.R.3923, Offshore Deferred Compensation Reform Act of 2007. Issues related to satellite regulation. Issues related to H.R.2419/S.2302, FARM Bill. Issues related to the FY09 Budget.

Client expense: Not reported · Firm income: Not reported

H.R. 5351, Renewable Energy and Energy Conservation Tax Act of 2008 H. Con. Res. 312 and S. Con. Res. 70: Budget Resolution for FY2009 - all tax provisions H.R. 3996, Temporary Tax Relief Act of 2007, including bonus depreciation and increased expensing. Estate/ Death Tax Issues 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.4042, Family Farm, Small Business, and Home Tax Relief Act H. R. 4235, Estate Tax Reduction Act of 2007 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-year termination of the estate tax, and for other purposes. H.R.2380, Death Tax Repeal Permanency Act of 2007 H.R. 4235, Estate Tax Reduction Act of 2007. H. R. 4242, Certain and Immediate Estate Tax Relief Act of 2007 H.R.3170, Capital Gains and Estate Tax Relief Act of 2007 S.1726, Business Activity Tax Simplification Act of 2007. H.R. 5267, Business Activity Tax Simplification Act of 2008. S.AMDT.4160 to S.CON.RES.70 To provide tax relief to middle-class families and small businesses, property tax relief to homeowners. S.AMDT.4170 to S.CON.RES.70 To protect families, family farms and small businesses by extending the income tax rate structure, raising the death tax exemption to $5 million and reducing the maximum death tax rate to no more than 35%; to keep education affordable by extending the college tuition deduction; and to protect senior citizens from higher taxes on their retirement income, maintain U.S. financial market competitiveness, and promote economic growth by extending the lower tax rates on dividends and capital gains. S.AMDT.4191 and S.AMDT.4372 to S.CON.RES.70 To protect small businesses, family ranches and farms from the Death Tax by providing a $5 million exemption, a low rate for smaller estates and a maximum rate no higher than 35%. Research and Development Tax Credit issues S.AMDT.4348 to S.CON.RES.70 Including the portion on extending expiring tax provisions such as the R&D Tax Credit. S. 2209, Research Credit Improvement Act of 2007. H.R. 1712, Research and Development Tax Credit Act of 2007. S. 41, Research Competitiveness Act of 2007. S. 2318, AMT Repeal and Tax Freedom. S. 2293, Individual Alternative Minimum Tax Repeal Act of 2007. H.R. 4351, AMT Relief Act of 2007. S. 2199, Offshore Deferred Compensation Reform Act of 2007. H.R. 5267, Offshore Deferred Compensation Reform Act of 2007. H.R. 2419, Farm, Nutrition, and Bioenergy Act of 2007, including the payfor, settlement and tax provisions. S.2242, Heartland, Habitat Harvest, and Horticulture Act of 2007, including the payfor, settlement and tax provisions. H.R. 5140, Economic Stimulus Act of 2008. Including the bonus depreciation, increased expensing and tax provisions H.R. 5109, Economic Growth Act. S.2592, A bill to amend the Internal Revenue Code of 1986 to provide for permanent tax incentives for economic growth. Specter Proposal to Promote Economic Growth H.R. 1023, Withholding Relief Act H.R. 5719, Taxpayer Assistance and Simplification Act of 2008 H.R. 5720, Housing Assistance Tax Act S. 2821, Clean Energy Tax Stimulus Act H.R. 6049, Energy and Tax Extender Act H.R. 6275, Alternative Minimum Tax Relief Act of 2008 H.R. 2642, War Supplemental Appropriations bill S. 3125, Energy Independence and Tax Relief Act of 2008 S. 3044, Consumer-First Energy Act of 2008 Treaty on Taxation Between the United States and Croatia Internal Revenue Service Notice 2008-38 (Government entities required to withhold 3% on payments for services and property) H.R. 5906, Small Business Capital Expansion and Improvement Act of 2008 H.R. 3221, American Housing Rescue and Foreclosure Prevention Act of 2008 H.R. 2641, Military Construction and Veterans Affairs Appropriations of 2008, including domestic spending amendment which which would impose a 0.47% tax surcharge on individual taxpayers who make more than $500,000 and couples who make more than $1 million in adjusted gross income. S. 2886, Alternative Minimum Tax and Extenders Tax Relief Act of 2008 H.R. 3221, American Housing Rescue and Foreclosure Prevention Act of 2008: Tax Title & Crapo Amendments Nos. 5009 & 5110 S. 555, SIMPLE Cafeteria Plan Act of 2007: Entire bill S Corporation modernization proposals Energy Tax Policy: LIFO accounting method proposed legislation (not introduced) Senator Specter legislation topromoteeconomic growth (not introduced) President's FY 2009 Budget - Treasury Bluebook: Pages 61-85: Tax gap proposals S. 1140, Working American Competitiveness Act H.R. 4752, Working American Competitiveness Act H.R. 5720, Housing Assistance Tax Act of 2008: Revenue provisions H.R. 5719, Taxpayer Assistance and Simplification Act of 2008: Entire bill S. 2792, A bill to amend the Internal Revenue Code of 1986 to restore the deduction for the travel expenses of a taxpayer's spouse who accompanies the taxpayer on business travel H.R. 2419, Food and Energy Security Act of 2007: Revenue provisions H.R. 5906, Small Business Capital Expansion and Improvement Act of 2008 H.R. 5267, Business Activity Tax Simplification Act H.R. 1023, Withholding Tax Relief Act of 2007 H.R. 2881, Aviation Investment and Modernization Act of 2008: Revenue provisions H.R. 6049, Renewable Energy and Job Creation Act of 2008: Entire bill H.R. 2642, Military Construction and Veterans Affairs Appropriations Act of 2008: Amendment on "Patriot Tax Surcharge" S. 3044, Consumer-First Energy Act of 2008: Title I - Tax provisions related to oil and gas S. 777, Withholding Tax Relief Act of 2007 H.R. 1870, Contractor Tax Enforcement Act: provisions on contractor tax debts H.R. 1986, Federal Contractor Accountability Act: provisions on contractor tax debts H.R. 3056, Tax Collection Responsibility Act: provisions on Withholding Delay, Prohibition on Private Debt Collection H.R. 4881, Contracting and Tax Accountability Act of 2007: provisions on Tax delinquency for contractors S. 2519, Contracting and Tax Accountability Act of 2007: provisions on Tax delinquency for contractors Tax Delinquency FAR Case 2006011: provisions on Tax certifications by contractors Notice 2008-38, 3% Withholding Law: Treasury notice on 3% withholding law Safe, Accountable, Flexible, Efficient Transportation Equity Act of 2005: A Legacy for Users (SAFETEA-LU): Section 11113. Volumetric Excise Tax Credit for Alternative Fuels H.R. 5140, Economic Stimulus Act of 2008: Section 179 regarding expensing and bonus depreciation Proposed revenue raiser related to credit card reporting

Meetings and calls with Members and staff of House and Senate Committees and agency officials concerning possible legislation and regulatory measures and Congressional studies affecting hedge funds and other alternative investments. H.R. 2834 To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 2785 To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. H.R. 3501 To amend the Internal Revenue Code of 1986 to provide that indebtedness incurred by a partnership in acquiring securities and commodities is not treated as acquisition indebtedness by organizations which are limited partners for purposes of the unrelated business income tax. H.R. 3923 To amend the Internal Revenue Code of 1986 to provide for the treatment of certain foreign nonqualified deferred compensation. H.R. 3996 To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. H.R. 3970 To amend the Internal Revenue Code of 1986 to provide additional tax relief to low and moderate income individuals, to repeal the individual alternative minimum tax, to reform the corporate income tax, and for other purposes. S. 55 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax S. 681 Stop Tax Haven Abuse Act S. 1624 To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services S. 2199 To amend the Internal Revenue Code of 1986 to provide for the treatment of certain foreign nonqualified deferred compensation. S. 2293 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes. S. 2318 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax and to permanently extend the reductions in income tax rates, and for other purposes. Section 409A of the Internal Revenue Code H.R. 6049, the Energy and Tax Extenders Act of 2008 H.R.6275 Alternative Minimum Tax Relief Act of 2008

S. 819/HR 1419 (Public Good IRA Rollover Act of 2007); S. 1141/HR 2167 (Automatic IRA Act of 2007); S. 1010/HR 2205 (Retirement Security for Life Act of 2007); S. 2 (Fair Minimum Wage Act of 2007); S. 1725 (Restoring Pension Promises to Workers Act); S. 1288 (Women's Retirement Security Act of 2007); HR 2669 (College Cost Reduction Act of 2007); HR 2831 (Ledbetter Fair Pay Act of 2007); Pension technicals; Fee disclosure and transparency; Small business pension coverage; Pension Protection Act implementation; Wrap fee revenue ruling request; 529 plan regulatory project; Proposed regulation on Sec. 408(b)(2) of ERISA; RFI on disclosure to participants; Form 5500 revisions; HR 3923/S. 2199 (Offshore Deferred Compensation Act of 2007); S. 2473 (Defined Contribution Fee Disclosure Act of 2007); HR 3185 (The 401(K) Fair Disclosure for Retirement Security Act of 2007); HR 5160 (Save Act of 2008); HR 3765 (Defined Contribution Plan Fee Transparency Act of 2007); S. 2794 (Senior Investor Protection Act of 2008); HR 6143 (Pension Protection ERISA Amendments of 2008); Auction Rate Securities/IRA Exemption.

Client expense: $1,050,000 · Firm income: Not reported

S. 2044, Independent Contractor Proper Classification Act of 2007, provisions relating to classification of employees and independent contractors, and for other purposes. S. 2199, Offshore Deferred Compensation Reform Act of 2007, provisions relating the ability of U.S. taxpayers to defer nonqualified deferred compensation in offshore tax havens S. 1689/H.R. 1540, Civil Rights Tax Relief Act of 2007, all provisions relating to excluding from gross income amounts received on account of claims based on certain unlawful discrimination and to allow income averaging for backpay and frontpay awards received on account of such claims H.R. 3997, Defenders of Freedom Tax Relief Act of 2007, Section 305 relating to deferred compensation of foreign employees working in the United States Relating to the date by which companies are required to amend their deferred compensation plans under Section 409A of the tax code

Client expense: Not reported · Firm income: $480,000

H.R. 5351, Renewable Energy and Energy Conservation Tax Act of 2008 H. Con. Res. 312 and S. Con. Res. 70: Budget Resolution for FY2009 - all tax provisions H.R. 3996, Temporary Tax Relief Act of 2007, including bonus depreciation and increased expensing. Estate/ Death Tax Issues 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.4042, Family Farm, Small Business, and Home Tax Relief Act H. R. 4235, Estate Tax Reduction Act of 2007 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-year termination of the estate tax, and for other purposes. H.R.2380, Death Tax Repeal Permanency Act of 2007 H.R. 4235, Estate Tax Reduction Act of 2007. H. R. 4242, Certain and Immediate Estate Tax Relief Act of 2007 H.R.3170, Capital Gains and Estate Tax Relief Act of 2007 S.1726, Business Activity Tax Simplification Act of 2007. H.R. 5267, Business Activity Tax Simplification Act of 2008. S.AMDT.4160 to S.CON.RES.70 To provide tax relief to middle-class families and small businesses, property tax relief to homeowners. S.AMDT.4170 to S.CON.RES.70 To protect families, family farms and small businesses by extending the income tax rate structure, raising the death tax exemption to $5 million and reducing the maximum death tax rate to no more than 35%; to keep education affordable by extending the college tuition deduction; and to protect senior citizens from higher taxes on their retirement income, maintain U.S. financial market competitiveness, and promote economic growth by extending the lower tax rates on dividends and capital gains. S.AMDT.4191 and S.AMDT.4372 to S.CON.RES.70 To protect small businesses, family ranches and farms from the Death Tax by providing a $5 million exemption, a low rate for smaller estates and a maximum rate no higher than 35%. Research and Development Tax Credit issues S.AMDT.4348 to S.CON.RES.70 Including the portion on extending expiring tax provisions such as the R&D Tax Credit. S. 2209, Research Credit Improvement Act of 2007. H.R. 1712, Research and Development Tax Credit Act of 2007. S. 41, Research Competitiveness Act of 2007. S. 2318, AMT Repeal and Tax Freedom. S. 2293, Individual Alternative Minimum Tax Repeal Act of 2007. H.R. 4351, AMT Relief Act of 2007. S. 2199, Offshore Deferred Compensation Reform Act of 2007. H.R. 5267, Offshore Deferred Compensation Reform Act of 2007. H.R. 2419, Farm, Nutrition, and Bioenergy Act of 2007, including the payfor, settlement and tax provisions. S.2242, Heartland, Habitat Harvest, and Horticulture Act of 2007, including the payfor, settlement and tax provisions. H.R. 5140, Economic Stimulus Act of 2008. Including the bonus depreciation, increased expensing and tax provisions H.R. 5109, Economic Growth Act. S.2592, A bill to amend the Internal Revenue Code of 1986 to provide for permanent tax incentives for economic growth. Specter Proposal to Promote Economic Growth H.R. 1023, Withholding Relief Act H.R. 5719, Taxpayer Assistance and Simplification Act of 2008 H.R. 5720, Housing Assistance Tax Act S. 2821, Clean Energy Tax Stimulus Act H.R. 6049, Energy and Tax Extender Act H.R. 6275, Alternative Minimum Tax Relief Act of 2008 H.R. 2642, War Supplemental Appropriations bill S. 3125, Energy Independence and Tax Relief Act of 2008 S. 3044, Consumer-First Energy Act of 2008 Treaty on Taxation Between the United States and Croatia Internal Revenue Service Notice 2008-38 (Government entities required to withhold 3% on payments for services and property) H.R. 5906, Small Business Capital Expansion and Improvement Act of 2008 H.R. 3221, American Housing Rescue and Foreclosure Prevention Act of 2008 H.R. 2641, Military Construction and Veterans Affairs Appropriations of 2008, including domestic spending amendment which which would impose a 0.47% tax surcharge on individual taxpayers who make more than $500,000 and couples who make more than $1 million in adjusted gross income. S. 2886, Alternative Minimum Tax and Extenders Tax Relief Act of 2008 H.R. 3221, American Housing Rescue and Foreclosure Prevention Act of 2008: Tax Title & Crapo Amendments Nos. 5009 & 5110 S. 555, SIMPLE Cafeteria Plan Act of 2007: Entire bill S Corporation modernization proposals Energy Tax Policy: LIFO accounting method proposed legislation (not introduced) Senator Specter legislation topromoteeconomic growth (not introduced) President's FY 2009 Budget - Treasury Bluebook: Pages 61-85: Tax gap proposals S. 1140, Working American Competitiveness Act H.R. 4752, Working American Competitiveness Act H.R. 5720, Housing Assistance Tax Act of 2008: Revenue provisions H.R. 5719, Taxpayer Assistance and Simplification Act of 2008: Entire bill S. 2792, A bill to amend the Internal Revenue Code of 1986 to restore the deduction for the travel expenses of a taxpayer's spouse who accompanies the taxpayer on business travel H.R. 2419, Food and Energy Security Act of 2007: Revenue provisions H.R. 5906, Small Business Capital Expansion and Improvement Act of 2008 H.R. 5267, Business Activity Tax Simplification Act H.R. 1023, Withholding Tax Relief Act of 2007 H.R. 2881, Aviation Investment and Modernization Act of 2008: Revenue provisions H.R. 6049, Renewable Energy and Job Creation Act of 2008: Entire bill H.R. 2642, Military Construction and Veterans Affairs Appropriations Act of 2008: Amendment on "Patriot Tax Surcharge" S. 3044, Consumer-First Energy Act of 2008: Title I - Tax provisions related to oil and gas S. 777, Withholding Tax Relief Act of 2007 H.R. 1870, Contractor Tax Enforcement Act: provisions on contractor tax debts H.R. 1986, Federal Contractor Accountability Act: provisions on contractor tax debts H.R. 3056, Tax Collection Responsibility Act: provisions on Withholding Delay, Prohibition on Private Debt Collection H.R. 4881, Contracting and Tax Accountability Act of 2007: provisions on Tax delinquency for contractors S. 2519, Contracting and Tax Accountability Act of 2007: provisions on Tax delinquency for contractors Tax Delinquency FAR Case 2006011: provisions on Tax certifications by contractors Notice 2008-38, 3% Withholding Law: Treasury notice on 3% withholding law Safe, Accountable, Flexible, Efficient Transportation Equity Act of 2005: A Legacy for Users (SAFETEA-LU): Section 11113. Volumetric Excise Tax Credit for Alternative Fuels H.R. 5140, Economic Stimulus Act of 2008: Section 179 regarding expensing and bonus depreciation Proposed revenue raiser related to credit card reporting

Shareholder Votes on Executive Compensation Act - H.R. 1257 Tax Equity for Health Plan Beneficiaries Act of 2007 - H.R. 1820 Pension Security Act of 2007 - H.R. 2683 Lilly Ledbetter Fair Pay Act of 2007 - H.R. 2831 Federal Aviation Administration (FAA) Reauthorization Act (benefits provisions) - H.R. 2881 Tax Collection Responsibility Act of 2007 - H.R. 3056 401 (k) Fair Disclosure for Retirement Security Act - H.R. 3185 ADA Restoration Act of 2007 - H.R. 3195 Mutual Fund Fee Reform Act H.R. 3225 Pension Protection Technical Corrections Act of 2007 - H.R. 3361 Long-Term Care Affordability and Security Act of 2007 - H.R. 3363 Protecting Employees and Retirees in Business Bankruptcies Act of 2007 - H.R. 3652 Defined Contribution Plan Fee Transparency Act of 2007 - H.R. 3765 AMT Credit Fairness and Relief Act - H.R. 3861 Tax Reduction and Reform Act of 2007 - H. R. 3970 The Temporary Tax Relief Act of 2007/Tax Increase Prevention Act of 2007 - H.R. 3996 Defenders of Freedom Tax Relief Act of 2007/Heroes Earnings Assistance and Tax Relief Act of 2007 - title as passed - H.R. 3997 AMT Relief Act of 2007 - H.R. 4351 The Small Business Add Value for Employees (SAVE) Act of 2008 - H.R. 5160 Energy and Tax Extenders Act - H.R. 6049 Heroes Earnings Assistance and Relief Tax Act - H.R. 6081 Roadmap for America's Future Act of 2008 - H.R. 6110 Pension Protection Act ERISA Amendments of 2008 - H.R. 6143 ERISA Amendments - H.R. 6142 Pension Protection Technical Corrections Act of 2008 - H.R. 6382 Senate Tax Equity for Domestic Partner and Health Plan Beneficiaries Act - S. 1556 Defenders of Freedom Tax Relief Act of 2007 - S. 1593 Alternative Investments, Amending Internal Revenue Code provisions taxing partnerships involving alternative investments - S.1624 Restoring Pension Promises to Workers Act - 1725 Fair Pay Restoration Act - S. 1843 Americans with Disabilities Act Restoration Act of 2007 - S. 1881 Pension Protection Technical Corrections Act of 2007 - S. 1974 Independent Contractor Proper Classification Act of 2007 - S. 2044 Protecting Employees and Retirees in Business Bankruptcies Act of 2007 (S. 2092) Offshore Deferred Compensation Reform Act of 2007 - S. 2199 Long-Term Care Affordability and Security Act of 2007 - S. 2337 Defined Contribution Fee Disclosure Act of 2007 - S. 2473 AMT Credit Fairness and Relief Act - S. 2389 Incentives for Older Workers Act - S. 2933 Alternative Minimum Tax and Extenders Tax Relief Act of 2008 - S. 3098 Title VII Fairness Act - S. 3209 Regulatory - communication with covered federal officials on legislative issues. Legislation - The Pension Protection Act Technical Corrections (PPA) - H.R. 3361/H.R. 6382//S. 1974 DOL proposed 408(b)(2) regulations for fee disclosure requirements DOL - 401 (k) fee disclosure (H.R. 3185/H.R. 3765/S. 2473) Treasury/IRS hybrid plan hearing Treasury/IRS guidance on 409A and deferred compensation Treasury/IRS hearing on measurement of pension plan assets and liabilities

Deferred Compensation Legislation (H.R. 3923; S. 2199).

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

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

H.R.2642, Supplemental Appropriations Act. Issues related to Sovereign Wealth Funds. H.R.6049, Renewable Energy and Job Creation Act of 2008 (Tax Extenders Act). Issues related to private equity and taxes. H.R.2834, To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services; issues related to carried interest tax treatment. S.1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services; issues related to changes to publicly traded partnerships. H.R.2830/S.1783, Pension Protection Act; issues related to hedge fund regulations with pension plans. H.R.3996, Tax Increase Prevention Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. H.R.4351, AMT Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. S.2199/H.R.3923, Offshore Deferred Compensation Reform Act of 2007. Issues related to satellite regulation. Issues related to H.R.2419/S.2302, FARM Bill. Issues related to the FY09 Budget.

Client expense: Not reported · Firm income: Not reported

H.R. 4351, AMT Relief Act of 2007, issues related to revenue offsets; H.R. 3923 / S. 2199, Offshore Deferred Compensation Reform Act of 2007, to amend the IRC of '86 to provide for the treatment of certain foreign nonqualified deferred comp.; H.R. 2834, to amend the IRC of '86 to treat income received by partners for performing investment management services as ordinary income; H.R. 3970, Tax Reduction and Reform Act of 2007; H.R. 6049, the Renewable Energy & Job Creation Act; H.R. 3125, Energy Independence & Tax Relief Act; H.R. 6275, AMT Relief Act, issues related to revenue offsets.

Client expense: Not reported · Firm income: $94,500

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 819/HR 1419 (Public Good IRA Rollover Act of 2007); S. 1141/HR 2167 (Automatic IRA Act of 2007); S. 1010/HR 2205 (Retirement Security for Life Act of 2007); S. 2 (Fair Minimum Wage Act of 2007); S. 1725 (Restoring Pension Promises to Workers Act); S. 1288 (Women's Retirement Security Act of 2007); HR 2669 (College Cost Reduction Act of 2007); HR 2831 (Ledbetter Fair Pay Act of 2007); Pension technicals; Fee disclosure and transparency; Small business pension coverage; Pension Protection Act implementation; Wrap fee revenue ruling request; 529 plan regulatory project; PRM on Sec. 408(b)(2) of ERISA; RFI on disclosure to participants; Form 5500 revisions; HR 3923/S. 2199 (Offshore Deferred Compensation Act of 2007); S. 2473 (Deferred Contribution Fee Disclosure Act of 2007); HR 3185 (The 4019K) Fair Disclosure for Retirement Security Act of 2007)

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

H.R. 1023: To repeal the imposition of withholding on certain payments made to vendors by Government Entities, repeal of 3% Government Withholding provision Tax Policy: Prevention of modification to the treatment of carried interestS. 2636: Foreclosure Prevention Act of 2008 IRC Sec. 168, Depreciation of oil & gas pipelines H. Con. Res 312: FY 2009 House Budget Resolution S. 777, Withholding Tax Relief Act of 2007 S. Con. Res 21: Senate Budget Resolution - all revenue provisions Tax extender legislation, extension of research and development tax credit (not introduced) S. 2540: To amend the Internal Revenue Code to provide expensing for certain property placed in service during 2008 and 2009 Tax Day Hearing in Committee on Small Business Business Plan legislation modeled after 12 USC 3331-3351, or Title XI of FIRREA (not introduced) Estate tax, marginal income tax rates, capital gains rates Internal Revenue Code Section 4064: Gas Guzzler Tax H.R. 4881: Contracting and Tax Accountability Act of 2007 Tax Delinquency FAR Rule H.R. 5109: Economic Growth Act of 2008 26 U.S.C. 3402(t) S. Con. Res. 70: Budget Resolution FY2009 - all revenue provisions S. 2539: To amend the IRS code of 1986 to provide a special depreciation allowance for certain property placed in service during 2008 and 2009 Legislation regarding expensing of real property for small business (not introduced) H.R. 4912: To amend the Internal Revenue Code of 1986 with respect to the treatment of prepaid derivative contracts H.R. 5351, Renewable Energy and Energy Conservation Tax Act of 2008, including the repeal of oil and gas tax credits. S. 41, Research Competitiveness Act of 2007. S. 2318, AMT Repeal and Tax Freedom Act S. 2293, Individual Alternative Minimum Tax Repeal Act of 2007. H.R. 4351, AMT Relief Act of 2007. S. 2199, Offshore Deferred Compensation Reform Act of 2007. H.R. 5267, Offshore Deferred Compensation Reform Act of 2007. H.R. 2419, Farm, Nutrition, and Bioenergy Act of 2007, the "pay for," settlement and tax provisions. S.2242, Heartland, Habitat Harvest, and Horticulture Act of 2007: the "pay for," settlement and tax provisions. H.R. 5140, Economic Stimulus Act of 2008: the bonus depreciation, increased expensing and tax portions of this Act. S.2592 A bill to amend the Internal Revenue Code of 1986 to provide for permanent tax incentives for economic growth. Senator Specter draft legislation on economic growth (not introduced) H.R. 3996, Temporary Tax Relief Act of 2007: including bonus depreciation and increased expensing provisions 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.4042 Family Farm, Small Business, and Home Tax Relief Act 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-year termination of the estate tax, and for other purposes. H.R.2380 To make the repeal of the estate tax permanent. H. R. 4242 Certain and Immediate Estate Tax Relief Act of 2007H.R.3170 To make permanent the individual income tax rates for capital gains, and for other purposes. S.1726, Business Activity Tax Simplification Act of 2007. H.R. 5267, Business Activity Tax Simplification Act of 2008. S.AMDT.4160 to S.CON.RES.70 To provide tax relief to middle-class families and small businesses, property tax relief to homeowners. S.AMDT.4170 to S.CON.RES.70 To protect families, family farms and small businesses by extending the income tax rate structure, raising the death tax exemption to $5 million and reducing the maximum death tax rate to no more than 35%; to keep education affordable by extending the college tuition deduction; and to protect senior citizens from higher taxes on their retirement income, maintain U.S. financial market competitiveness, and promote economic growth by extending the lower tax rates on dividends and capital gains. S.AMDT.4191 and S.AMDT.4372 to S.CON.RES.70 To protect small businesses, family ranches and farms from the Death Tax by providing a $5 million exemption, a low rate for smaller estates and a maximum rate no higher than 35%. Research and Development Tax Credit Issues S.AMDT.4348 to S.CON.RES.70: Including the portion on extending expiring tax provisions such as the R&D Tax Credit. S. 2209, Research Credit Improvement Act of 2007. H.R. 1712, Research and Development Tax Credit Act of 2007. Covered Official Positions Continued: Geoffrey O'Hara; Clerk, Dept. of Justice, Federal Public Defender's Office Doug Loon; Staff Director - Senate Veterans Affairs Cmte, Legislative Monitor - Senator Arlen Specter, Legislative Correspondent- Senator Arlen Specter

S. 2044, Independent Contractor Proper Classification Act of 2007, provisions relating to classification of employees and independent contractors, and for other purposes. S. 2199, Offshore Deferred Compensation Reform Act of 2007, provisions relating the ability of U.S. taxpayers to defer nonqualified deferred compensation in offshore tax havens S. 1689/H.R. 1540, Civil Rights Tax Relief Act of 2007, all provisions relating to excluding from gross income amounts received on account of claims based on certain unlawful discrimination and to allow income averaging for backpay and frontpay awards received on account of such claims H.R. 3997, Defenders of Freedom Tax Relief Act of 2007, Section 305 relating to deferred compensation of foreign employees working in the United States Relating to the date by which companies are required to amend their deferred compensation plans under Section 409A of the tax code

Client expense: Not reported · Firm income: $480,000

S. 2044, Independent Contractor Proper Classification Act of 2007, provisions relating to classification of employees and independent contractors, and for other purposes. S. 2199, Offshore Deferred Compensation Reform Act of 2007, provisions relating the ability of U.S. taxpayers to defer nonqualified deferred compensation in offshore tax havens S. 1689/H.R. 1540, Civil Rights Tax Relief Act of 2007, all provisions relating to excluding from gross income amounts received on account of claims based on certain unlawful discrimination and to allow income averaging for backpay and frontpay awards received on account of such claims H.R. 3997, Defenders of Freedom Tax Relief Act of 2007, Section 305 relating to deferred compensation of foreign employees working in the United States Relating to the date by which companies are required to amend their deferred compensation plans under Section 409A of the tax code

Client expense: Not reported · Firm income: $480,000

Meetings and calls with Members and staff of House and Senate Committees and agency officials concerning possible legislation and regulatory measures and Congressional studies affecting hedge funds and other alternative investments. H.R. 2834 To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services. H.R. 2785 To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. H.R. 3501 To amend the Internal Revenue Code of 1986 to provide that indebtedness incurred by a partnership in acquiring securities and commodities is not treated as acquisition indebtedness by organizations which are limited partners for purposes of the unrelated business income tax. H.R. 3923 To amend the Internal Revenue Code of 1986 to provide for the treatment of certain foreign nonqualified deferred compensation. H.R. 3996 To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. H.R. 3970 To amend the Internal Revenue Code of 1986 to provide additional tax relief to low and moderate income individuals, to repeal the individual alternative minimum tax, to reform the corporate income tax, and for other purposes. S. 55 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax S. 681 Stop Tax Haven Abuse Act S. 1624 To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services S. 2199 To amend the Internal Revenue Code of 1986 to provide for the treatment of certain foreign nonqualified deferred compensation. S. 2293 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes. S. 2318 To amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax and to permanently extend the reductions in income tax rates, and for other purposes. Section 409A of the Internal Revenue Code

Shareholder Votes on Executive Compensation Act (H.R. 1257) Tax Equity for Health Plan Beneficiaries Act of 2007 (H.R. 1820) Pension Security Act of 2007 (H.R. 2683) Alternative Investments, Amending Internal Revenue Code provisions taxing partnerships involving alternative investments (H.R. 2785) Lilly Ledbetter Fair Pay Act of 2007 (H.R. 2831) Alternative Investments, Treating income received by partners for performing investment management as ordinary income (H.R. 2843) Tax Collection Responsibility Act of 2007 (H.R. 3056) 401 (k) Fair Disclosure for Retirement Security Act (H.R. 3185) ADA Restoration Act of 2007 (H.R. 3195) Mutual Fund Fee Reform Act (H.R. 3225) Pension Protection Technical Corrections Act of 2007 (H.R. 3361) Long-Term Care Affordability and Security Act of 2007 (H.R. 3363) Commission on the Tax Treatment of Hedge Funds and Private Equity Act of 2007 (H.R. 3417) Protecting Employees and Retirees in Business Bankruptcies Act of 2007 (H.R. 3652) Defined Contribution Plan Fee Transparency Act of 2007 (H.R. 3765) Bill to Delay the Effective Date of the PPA Funding Rules (H.R. 3868) Tax Reduction and Reform Act of 2007 (H. R. 3970) Offshore Deferred Compensation Reform Act of 2007 (H.R. 3923) The Temporary Tax Relief Act of 2007/Tax Increase Prevention Act of 2007 (H.R. 3996) Defenders of Freedom Tax Relief Act of 2007/Heroes Earnings Assistance and Tax Relief Act of 2007 title as passed (H.R. 3997) AMT Relief Act of 2007 (H.R. 4351) Senate Tax Equity for Domestic Partner and Health Plan Beneficiaries Act (S. 1556) Defenders of Freedom Tax Relief Act of 2007 (S. 1593) Alternative Investments, Amending Internal Revenue Code provisions taxing partnerships involving alternative investments (S. 1624) Restoring Pension Promises to Workers Act (S. 1725) Fair Pay Restoration Act (S. 1843) Americans with Disabilities Act Restoration Act of 2007 (S. 1881) Pension Protection Technical Corrections Act of 2007 (S. 1974) Independent Contractor Proper Classification Act of 2007 (S. 2044) Protecting Employees and Retirees in Business Bankruptcies Act of 2007 (S. 2092) Offshore Deferred Compensation Reform Act of 2007 (S. 2199) Long-Term Care Affordability and Security Act of 2007 (S. 2337) Defined Contribution Fee Disclosure Act of 2007 (S. 2473) Regulatory communication with covered federal officials on legislative issues. Legislation The Pension Protection Act (PPA) - H.R. 3361/S. 1974 & H.R. 3185/S. 2473 Treasury/IRS guidance on hybrid plans including backloading Treasury/IRS guidance on combined plan limit Treasury/IRS proposed regulations on single employer plan funding, benefit restrictions, interest rate modifications and mortality tables Treasury/IRS guidance on 409A and deferred compensation Treasury/IRS guidance on employer stock diversification DOL proposed 408(b)(2) regulations for fee disclosure requirements DOL final regulations and other guidance on Form 5500 PBGC guidance related to PPA implementation (hybrid/cash balance plans including backloading)

H.R. 4351, AMT Relief Act of 2007, issues related to revenue offsets; H.R. 3923 / S. 2199, Offshore Deferred Compensation Reform Act of 2007, to amend the IRC of '86 to provide for the treatment of certain foreign nonqualified deferred comp.; H.R. 2834, to amend the IRC of '86 to treat income received by partners for performing investment management services as ordinary income; H.R. 3970, Tax Reduction and Reform Act of 2007; H.R. 5140, Economic Stimulus Act of 2008, issues related to revenue offsets.

Client expense: Not reported · Firm income: $94,500

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Deferrred Compensation Legislation (H.R. 3923; S. 2199); The Mental Health Parity Act (H.R. 1424; S. 558); The Genetic Information Nondiscrimination Act (H.R. 493; S. 358).

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

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

S. 819/HR 1419 (Public Good IRA Rollover Act of 2007); S. 1141/HR 2167 (Automatic IRA Act of 2007); S. 1010/HR 2205 (Retirement Security for Life Act of 2007); S. 2 (Fair Minimum Wage Act of 2007); S. 1725 (Restoring Pension Promises to Workers Act); S. 1288 (Women's Retirement Security Act of 2007); HR 2669 (College Cost Reduction Act of 2007); HR 2831 (Ledbetter Fair Pay Act of 2007); Pension technicals; Fee disclosure and transparency; Small business pension coverage; Pension Protection Act implementation; Wrap fee revenue ruling request; 529 plan regulatory project; PRM on Sec. 408(b)(2) of ERISA; RFI on disclosure to participants; Form 5500 revisions; HR 3923/S. 2199 (Offshore Deferred Compensation Act of 2007); S. 2473 (Deferred Contribution Fee Disclosure Act of 2007); HR 3185 (The 4019K) Fair Disclosure for Retirement Security Act of 2007)

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

Deferred compensation legislation (H.R. 3923 and S. 2199, the "Offshore Deferred Compensation Reform Act of 2007")

Client expense: Not reported · Firm income: Not reported

Government targets: SENATE

H.R.2834, To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services; issues related to carried interest tax treatment. Issues related to private equity and taxes. Issues related to the FY09 Budget. S.1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services; issues related to changes to publicly traded partnerships. H.R.2830/S.1783, Pension Protection Act; issues related to hedge fund regulations with pension plans. H.R.3996, Tax Increase Prevention Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. H.R.4351, AMT Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. S.2199/H.R.3923, Offshore Deferred Compensation Reform Act of 2007. Issues related to satellite regulation. Issues related to H.R.2419/S.2302, FARM Bill.

Client expense: Not reported · Firm income: Not reported

S.1624, A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services; issues related to changes to publicly traded partnerships. H.R.2830/S.1783, Pension Protection Act; issues related to hedge fund regulations with pension plans. H.R.3996, Tax Increase Prevention Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. H.R.4351, AMT Relief Act of 2007; issues related to the taxation of carried interest and publicly traded partnerships. S.2199/H.R.3923, Offshore Deferred Compensation Reform Act of 2007. Issues related to satellite regulation. H.R.2834, To amend the Internal Revenue Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services; issues related to carried interest tax treatment. Issues related to private equity and taxes.

Client expense: Not reported · Firm income: $720,000

S. 2044: To provide procedures for the proper classification of employees and independent contractors, and for other purposes. S. 2199: Creates a new Section 457A of the Internal Revenue Code that eliminates the ability of U.S. taxpayers to defer nonqualified deferred compensation in offshore tax havens.

Client expense: Not reported · Firm income: $860,000

Government targets: HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), SENATE

Regulatory Treasury/IRS guidance on hybrid plans including backloading Treasury/IRS guidance on combined plan limit Treasury/IRS/DOL final regulations and other guidance on 403(b) plans Treasury/IRS proposed regulations on single employer plan funding, benefit restrictions, interest rate modifications and mortality tables Treasury/IRS proposed regulations on automatic enrollment contributions Treasury/IRS proposed regulations on health, long term care and disability insurance in a qualified plan Treasury/IRS guidance on 409A and deferred compensation Treasury/IRS transition relief and guidance on 409A corrections Treasury/IRS guidance on nonqualified deferred compensation Section 162 (m) Treasury/IRS guidance on normal retirement age Treasury/IRS proposed guidance on 204(h) notices Treasury/IRS guidance on employer stock diversification DOL proposed regulations on PPA disclosure penalties DOL proposed regulations on selection of annuity providers for individual account plans DOL RFI on 401(k) plan fee and expense disclosure DOL proposed 408(b)(2) regulations for fee disclosure requirements DOL/ERISA Advisory Council Working Groups on participant defined contribution plan benefit statements, financial literacy, participant defined benefit plan statements, fiduciary responsibilities and revenue sharing DOL final regulations and other guidance on Form 5500 DOL final guidance and follow-up on qualified default investment alternative arrangements PBGC proposed regulations to change the variable rate premium (VRP) PBGC proposed guidance related to PPA implementation Shareholder Votes on Executive Compensation Act (H.R. 1257) Tax Equity for Health Plan Beneficiaries Act of 2007 (H.R. 1820) Farm Nutrition and Bioenergy Act of 2007, Food & Energy Security Act of 2007, title as passed (H.R. 2419) Pension Security Act of 2007 (H.R. 2683) Alternative Investments, Amending Internal Revenue Code provisions taxing partnerships involving alternative investments (H.R. 2785) Lilly Ledbetter Fair Pay Act of 2007 (H.R. 2831) Alternative Investments, Treating income received by partners for performing investment management as ordinary income (H.R. 2843) Tax Responsibility Act of 2007 (H.R. 3056) Fair Disclosure for Retirement Security Act of 2007 (H.R. 3185) ADA Restoration Act of 2007 (H.R. 3195) Mutual Fund Fee Reform Act (H.R. 3225) Pension Protection Technical Corrections Act of 2007 (H.R. 3361) Long-Term Care Affordability and Security Act of 2007 (H.R. 3363) Commission on the Tax Treatment of Hedge Funds and Private Equity Act of 2007 (H.R. 3417) Protecting Employees and Retirees in Business Bankruptcies Act of 2007 (H.R. 3652) Defined Contribution Plan Fee Transparency Act of 2007 (H.R. 3765) Bill to Delay the Effective Date of the PPA Funding Rules (H.R. 3868) Tax Reduction and Reform Act of 2007 (H. R. 3970) Offshore Deferred Compensation Reform Act of 2007 (H.R. 3923) The Temporary Tax Relief Act of 2007/Tax Increase Prevention Act of 2007 (H.R. 3996) Defenders of Freedom Tax Relief Act of 2007/Heroes Earnings Assistance and Tax Relief Act of 2007 – title as passed (H.R. 3997) AMT Relief Act of 2007 (H.R. 4351) Senate Tax Equity for Domestic Partner and Health Plan Beneficiaries Act (S. 1556) Defenders of Freedom Tax Relief Act of 2007 (S. 1593) Alternative Investments, Amending Internal Revenue Code provisions taxing partnerships involving alternative investments (S. 1624) Restoring Pension Promises to Workers Act (S. 1725) Fair Pay Restoration Act (S. 1843) Americans with Disabilities Act Restoration Act of 2007 (S. 1881) Pension Protection Technical Corrections Act of 2007 (S. 1974) Independent Contractor Proper Classification Act of 2007 (S. 2044) Protecting Employees and Retirees in Business Bankruptcies Act of 2007 (S. 2092) Offshore Deferred Compensation Reform Act of 2007 (S. 2199) Long-Term Care Affordability and Security Act of 2007 (S. 2337) Defined Contribution Fee Disclosure Act of 2007 (S. 2473) Small Business Tax Relief Act/Children’s Health Insurance (CHIP) Reauthorization Act of 2007, title as passed (H.R. 976)

S. 2199 - Offshore Deferred Compensation Reform Act. Provisions relating to determining non-qualified deferred compensation. S. 2302 - The Food and Energy Security Act of 2007, Discriminatory Tax Title Limiting Treaty Benefits to Certain Companies.

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

Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 3996, Tax Increase Prevention Act of 2007; H.R. 4351, AMT Relief Act of 2007, issues related to revenue offsets; H.R. 3923 / S. 2199, Offshore Deferred Compensation Reform Act of 2007, to amend the IRC of '86 to provide for the treatment of certain foreign nonqualified deferred comp.; H.R. 2834, to amend the IRC of '86 to treat income received by partners for performing investment management services as ordinary income; H.R. 3970, Tax Reduction and Reform Act of 2007.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE