A bill to amend the Internal Revenue Code of 1986 to allow banks to be taxed as limited liability companies, and for other purposes.
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 3,722 other S bills in the 110th — cohort avg 42d
No CRS summary is available for this bill yet. The source title, actions, sponsors, and text versions below come from Congress.gov.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (5)
No bill number. Discussed the Mental Health Parity and Addiction Equity Act of 2008. No bill number. Discussed commercial health insurance provider networks. H.R. 5378, the Lower Costs, More Transparency Act. S. 3254. Lowering Costs for Caregivers Act. No bill number. Discussed access to health care in rural and underserved areas. S. 2117, the Provider Training in Palliative Care Act. H.R. 6388, Friendly Calls for Our Seniors Act. S. 3260/H.R. 6284, the Improving Measurements for Loneliness and Isolation Act. No bill number. Discussed health care workforce issues. No bill number. Discussed long-term care workforce issues.
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $5,130,000 · Firm income: Not reported
Government targets: Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Natl Institutes of Health (NIH), SENATE, White House Office
2012 · fourth_quarter · Banking
1)Reform Financial Services Regulation. Provided comments to hill and administrative agencies -- signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act which had become law 21 July 2010. Opposed all rollback legislation including Bachmann (HR 87), Moran (S 737), Shelby (S 746 and S 1615), DeMint (S 712) Bachus (HR 1121), Duffy (HR 1315), Capito ( HR1667) and any similar bills. 1) Emphasis on opposing Congressional efforts to weaken Title 10 of Dodd-Frank, its establishment of the Consumer Financial Protection Bureau. Oppose efforts in HR 1 and any other appropriations bills to weaken budget or eliminate independence of CFPB, CFTC and SEC. 2) Support various efforts re consumer and transparency protections in various CFPB and other regulations including gift cards, credit cards, overdraft fees, credit bureaus, debt collectors, mortgages before Federal Reserve and all other financial agencies. Support strongest possible Dodd-Frank Title 14 mortgage rules. 3) Support Durbin interchange fee amendment in Dodd-Frank through comments to Federal Reserve and letters to hill opposing repeal/delay. 4) Opposed efforts to legalize predatory lending, such as rent to own proposals from Canseco (HR 1588) and Landrieu (S. 881) 5) Oppose efforts to weaken other investor protection reforms, such as HR 1062 (Hayworth) and HR 1573 (Lucas) and HR 2308 (Garrett) (6) Support efforts to increase consumer protection in international financial services treaty and trade negotiations. (7) Oppose HR 3606, the Jumpstart Our Business Startups (JOBS) Act; supported Senate efforts (Merkley, Levin, Landrieu) to improve bill, oppose similar capital formation bills that weaken investor protections, urged SEC to improve law through better rules. 8) Oppose HR 4367/S3204/similar bills to eliminate ATM signage notices. 9) Support efforts to strengthen Military Lending Act of 2007 (amt. to S 3254 this year). 10) Oppose HR 1909, HR 6139 and any similar bills to create federal non-bank OCC charter for high-cost paydyal lenders and similar firms, preempting authority of states and the CFPB. 11) Oppose HR 4101 to weaken debt collection rights. 12) Oppose HR 5817 and other efforts to weaken GLBA Financial Privacy notices.
Client expense: $20,895 · Firm income: Not reported
Government targets: Consumer Product Safety Commission (CPSC), Federal Deposit Insurance Corporation (FDIC), Federal Election Commission (FEC), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2012 · third_quarter · Banking
H.R. 2517, S 1360 1)Reform Financial Services Regulation. Provided comments to hill and administrative agencies -- signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act which had become law 21 July 2010. Oppose all rollback legislation including Bachmann (HR 87), Moran (S 737), Shelby (S 746 and S 1615), DeMint (S 712) Bachus (HR 1121), Duffy (HR 1315), Capito ( HR1667) and any similar bills 2) Emphasis on opposing Congressional efforts to weaken Title 10 of Dodd-Frank, its establishment of the Consumer Financial Protection Bureau. Oppose efforts in HR 1 and any other appropriations bills to weaken budget or eliminate independence of CFPB, CFTC and SEC. 2) Support various efforts re consumer and transparency protections in various CFPB and other regulations including gift cards, credit cards, overdraft fees, credit bureaus, debt collectors, mortgages before Federal Reserve and all other financial agencies. 3) Support Durbin interchange fee amendment in Dodd-Frank through comments to Federal Reserve and letters to hill opposing repeal/delay. Oppose bills such as Tester (S 575) to delay Durbin. 4) oppose efforts to legalize predatory lending, suchas rent to own proposals from Canseco (HR 1588) and Landrieu (S. 881) 5) Oppose efforts to weaken other investor protection reforms, such as HR 1062 (Hayworth) and HR 1573 (Lucas) and HR 2308 (Garrett) (6) Support efforts to increase consumer protection in international financial services treaty and trade negotiations. (7) Oppose HR 3606, the Jumpstart Our Business Startups (JOBS) Act; supported Senate efforts (Merkley, Levin, Landrieu) to improve bill, oppose similar capital formation bills that weaken investor protections, urge SEC to improve law through rules. 8) Oppose HR 4367/S3204 to eliminate ATM signage notices. 9) Support efforts to strengthen Military Lending Act of 2007 (amt. to S 3254 this year). 10) Oppose HR 1909, HR 6139 and any similar bills to create federal non-bank OCC charter for high-cost paydyal lenders and similar firms, preempting authority of states and the CFPB. 11) Oppose HR 4101 to weaken debt collection rights.
Client expense: $21,446 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Product Safety Commission (CPSC), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Election Commission (FEC), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2012 · third_quarter · Banking
H.R. 2517, S 1360 1)Reform Financial Services Regulation. Provided comments to hill and administrative agencies -- signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act which had become law 21 July 2010. Oppose all rollback legislation including Bachmann (HR 87), Moran (S 737), Shelby (S 746 and S 1615), DeMint (S 712) Bachus (HR 1121), Duffy (HR 1315), Capito ( HR1667) and any similar bills 2) Emphasis on opposing Congressional efforts to weaken Title 10 of Dodd-Frank, its establishment of the Consumer Financial Protection Bureau. Oppose efforts in HR 1 and any other appropriations bills to weaken budget or eliminate independence of CFPB, CFTC and SEC. 2) Support various efforts re consumer and transparency protections in various CFPB and other regulations including gift cards, credit cards, overdraft fees, credit bureaus, debt collectors, mortgages before Federal Reserve and all other financial agencies. 3) Support Durbin interchange fee amendment in Dodd-Frank through comments to Federal Reserve and letters to hill opposing repeal/delay. Oppose bills such as Tester (S 575) to delay Durbin. 4) oppose efforts to legalize predatory lending, suchas rent to own proposals from Canseco (HR 1588) and Landrieu (S. 881) 5) Oppose efforts to weaken other investor protection reforms, such as HR 1062 (Hayworth) and HR 1573 (Lucas) and HR 2308 (Garrett) (6) Support efforts to increase consumer protection in international financial services treaty and trade negotiations. (7) Oppose HR 3606, the Jumpstart Our Business Startups (JOBS) Act; supported Senate efforts (Merkley, Levin, Landrieu) to improve bill, oppose similar capital formation bills that weaken investor protections, urge SEC to improve law through rules. 8) Oppose HR 4367/S3204 to eliminate ATM signage notices. 9) Support efforts to strengthen Military Lending Act of 2007 (amt. to S 3254 this year). 10) Oppose HR 1909, HR 6139 and any similar bills to create federal non-bank OCC charter for high-cost paydyal lenders and similar firms, preempting authority of states and the CFPB. 11) Oppose HR 4101 to weaken debt collection rights.
Client expense: $292,521 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Product Safety Commission (CPSC), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Election Commission (FEC), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2012 · second_quarter · Banking
H.R. 2517, S 1360 1)Reform Financial Services Regulation. Provided comments to hill and administrative agencies -- signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act which had become law 21 July 2010. Oppose all rollback legislation including Bachmann (HR 87), Moran (S 737), Shelby (S 746 and S 1615), DeMint (S 712) Bachus (HR 1121), Duffy (HR 1315), Capito ( HR1667) and any similar bills 2) Emphasis on opposing Congressional efforts to weaken Title 10 of Dodd-Frank, its establishment of the Consumer Financial Protection Bureau. Oppose efforts in HR 1 and any other appropriations bills to weaken budget or eliminate independence of CFPB, CFTC and SEC. 2) Support various efforts re consumer and transparency protections in various CFPB and other regulations including gift cards, credit cards, overdraft fees, credit bureaus, debt collectors, mortgages before Federal Reserve and all other financial agencies. 3) Support Durbin interchange fee amendment in Dodd-Frank through comments to Federal Reserve and letters to hill opposing repeal/delay. Oppose bills such as Tester (S 575) to delay Durbin. 4) oppose efforts to legalize predatory lending, suchas rent to own proposals from Canseco (HR 1588) and Landrieu (S. 881) 5) Oppose efforts to weaken other investor protection reforms, such as HR 1062 (Hayworth) and HR 1573 (Lucas) and HR 2308 (Garrett) (6) Support efforts to increase consumer protection in international financial services treaty and trade negotiations. (7) Oppose HR 3606, the Jumpstart Our Business Startups (JOBS) Act; support Senate efforts (Merkley, Levin, Landrieu) to improve bill, oppose similar capital formation bills that weaken investor protections, 8) Oppose HR 4367/S3204 to eliminate ATM signage notices. 9) Support efforts to strengthen Military Lending Act of 2007 (amt. to S 3254 this year). 10) Oppose HR 1909 and any similar bills to create federal non-bank OCC charter for high-cost paydyal lenders and similar firms, preempting authority of states and the CFPB. 11) Oppose HR 4101 to weaken debt collection rights.
Client expense: $78,558 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Product Safety Commission (CPSC), Education, Dept of, Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Election Commission (FEC), Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2008 · third_quarter · Taxation/Internal Revenue Code
S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) 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. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act S. 3254, the Small Bank Tax Equity Act S. 3335, the Jobs, Energy, Families, and Disaster Relief Act of 2008 (provisions to extend business-related tax provisions) H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1424, the Emergency Economic Stabilization Act H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. 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. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 3997, the Emergency Economic Stabilization Act H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) H.R. 6601, the Small Business Tax Modernization Act of 2008 (all provisions) H.R. 7060, the Renewable Energy and Job Creation Tax Act of 2008 (business tax provisions, revenue offsets) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions) Proposed amendment to Section 67(e) tax deductibility of trustee fees
2008 · third_quarter · Financial Institutions/Investments/Securities
S. 869, the Compete Act of 2007 (all provisions) S. 1356, the Industrial Bank Holding Company Act of 2007 (all provisions) S. 2957, the Credit Union Regulatory Improvements Act (all provisions) H.Con. Res. 140, the Financial Services Diversity Initiative (all provisions) S. 3254, To amend the Internal Revenue Code of 1986 to allow banks to be taxed as limited liability companies, and for other purposes (all provisions) HR. 323, the Seasoned Customer CTR Exemption Act of 2007 (all provisions) H.R. 698, the Industrial Bank Holding Company Act of 2007 (all provisions) H.R. 755, the Promoting Transparency in Financial Reporting Act of 2007 (all provisions) H.R. 1171, the Money Market Fund Parity Act of 2007 (all provisions) H.R. 1257, the Shareholder Vote on Executive Compensation Act (all provisions) H.R. 1424, the Emergency Economic Stabilization Act of 2008 (all provisions, including Treasury asset-purchase proposal, business tax provisions, FDIC coverage, SEC rules, accounting provisions, revenue offsets, GSE preferred stock tax accounting rules, proposed bankruptcy provisions) H.R.1508, the Compete Act of 2007 (all provisions) H.R. 1537, the Credit Union Regulatory Improvements Act (all provisions) H.R. 1869, the Communities First Act (all provisions) H.R. 1967, the Financial Privacy Notice Relief Act of 2007 (all provisions) H.R. 2547, the FDIC Enforcement Enhancement Act (all provisions) H.R. 2727, the Small Business SOX Compliance Extension Act (all provisions) H.R. 3013, the Affordable Financial Services Enhancement Act (all provisions) H.R. 3997, the Emergency Economic Stabilization Act of 2008 (all provisions, including Treasury asset-purchase proposal, SEC rules, accounting provisions, GSE preferred stock tax accounting rules, proposed bankruptcy provisions) H.R. 4043, the Preserving and Expanding Minority Depository Institutions Act (all provisions) H.R. 5519, the Credit Union Regulatory Relief Act of 2008 (all provisions) H.R. 6312, the Credit Union, Bank, and Thrift Regulatory Relief Act of 2008 (all provisions) H.R. 6659, the Equal Treatment of Covered Bonds Act of 2008 (all provisions) Proposals regarding 500-shareholder threshold for SEC registration under Sarbanes-Oxley Acts Section 404 Banking Committee draft legislation on industrial loan company (ILC) regulation Regulation Z proposal intended to curb subprime mortgage abuses
2008 · fourth_quarter · Taxation/Internal Revenue Code
Tax treatment of banks organized as limited liability companies; S.3254.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2008 · fourth_quarter · Taxation/Internal Revenue Code
S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) 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. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act S. 3254, the Small Bank Tax Equity Act S. 3335, the Jobs, Energy, Families, and Disaster Relief Act of 2008 (provisions to extend business-related tax provisions) H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1424, the Emergency Economic Stabilization Act H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. 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. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 3997, the Emergency Economic Stabilization Act H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) H.R. 6601, the Small Business Tax Modernization Act of 2008 (all provisions) H.R. 7060, the Renewable Energy and Job Creation Tax Act of 2008 (business tax provisions, revenue offsets) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions) Proposed amendment to Section 67(e) tax deductibility of trustee fees Proposals to increase net operating loss carryback provisions Proposals to modify or eliminate Internal Revenue Service provisions (Notice 2008-83) affecting loss deductibility in bank mergers
2008 · fourth_quarter · Financial Institutions/Investments/Securities
S. 869, the Compete Act of 2007 (all provisions) S. 1356, the Industrial Bank Holding Company Act of 2007 (all provisions) S. 2957, the Credit Union Regulatory Improvements Act (all provisions) H.Con. Res. 140, the Financial Services Diversity Initiative (all provisions) S. 3254, To amend the Internal Revenue Code of 1986 to allow banks to be taxed as limited liability companies, and for other purposes (all provisions) HR. 323, the Seasoned Customer CTR Exemption Act of 2007 (all provisions) H.R. 698, the Industrial Bank Holding Company Act of 2007 (all provisions) H.R. 755, the Promoting Transparency in Financial Reporting Act of 2007 (all provisions) H.R. 1171, the Money Market Fund Parity Act of 2007 (all provisions) H.R. 1257, the Shareholder Vote on Executive Compensation Act (all provisions) H.R. 1424, the Emergency Economic Stabilization Act of 2008 (all provisions, including Treasury asset-purchase proposal, business tax provisions, FDIC coverage, SEC rules, accounting provisions, revenue offsets, GSE preferred stock tax accounting rules, proposed bankruptcy provisions) H.R.1508, The COMPETE Act of 2007 (all provisions) H.R. 1537, the Credit Union Regulatory Improvements Act (all provisions) H.R. 1869, the Communities First Act (all provisions) H.R. 1967, the Financial Privacy Notice Relief Act of 2007 (all provisions) H.R. 2547, the FDIC Enforcement Enhancement Act (all provisions) H.R. 2727, the Small Business SOX Compliance Extension Act (all provisions) H.R. 3013, the Affordable Financial Services Enhancement Act (all provisions) H.R. 3997, the Emergency Economic Stabilization Act of 2008 (all provisions, including Treasury asset-purchase proposal, SEC rules, accounting provisions, GSE preferred stock tax accounting rules, proposed bankruptcy provisions) H.R. 4043, the Preserving and Expanding Minority Depository Institutions Act (all provisions) H.R. 5519, the Credit Union Regulatory Relief Act of 2008 (all provisions) H.R. 6312, the Credit Union, Bank, and Thrift Regulatory Relief Act of 2008 (all provisions) H.R. 6659, the Equal Treatment of Covered Bonds Act of 2008 (all provisions) Proposals regarding 500-shareholder threshold for SEC registration under Sarbanes-Oxley Acts Section 404 Banking Committee draft legislation on industrial loan company (ILC) regulation Regulation Z proposal intended to curb subprime mortgage abuses
2008 · fourth_quarter · Taxation/Internal Revenue Code
HR 2380, Death Tax Repeal Permanency Act of 2007 HR 2, Fair Minimum Wage Act of 2007 (S corp. and small business tax relief provisions) HR 976, Small Business Tax Relief Act of 2007 HR 4840/S.3063, S Corporation Modernization Act of 2007 HR 1869, Community Banks Serving Their Communities First Act S 1405, Community Banks Serving Their Communities First Act HR 3648, Mortgage Forgiveness Debt Relief Act (mortgage debt tax reform) HR 5720, Housing Assistance Tax Act of 2008 S 1988, First-Time Homebuyers' Tax Credit Act of 2007 HR 5140, Recovery Rebates and Economic Stimulus for the American People Act of 2008 (small business provisions) S 2566, Homebuyer Tax Credit HR 6275 Alternative Minimum Tax Relief Act HR 6049 Renewable Energy and Job Creation Act (small business provisions) S 2886 AMT and Extenders Tax Relief Act HR 3874 Small Business Growth and Opportunity Act First time home buyer tax credit S 3254, Bank Limited Liability Act of 2008 Tax treatment of losses on Fannie Mae/Freddie Mac preferred stock HR 1424 Emergency Economic Stabilization Act of 2008 HR 6333 Municipal Bond Support Act
Client expense: $1,230,000 · Firm income: Not reported
2008 · third_quarter · Taxation/Internal Revenue Code
Tax treatment of banks organized as limited liability companies; S.3254.
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2008 · third_quarter · Taxation/Internal Revenue Code
H.R. 2380, Death Tax Repeal Permanency Act of 2007 H.R. 2, Fair Minimum Wage Act of 2007 (S corp. and small business tax relief provisions) H.R. 976, Small Business Tax Relief Act of 2007 H.R. 4840/S.3063, S Corporation Modernization Act of 2007 HR 1869, Community Banks Serving Their Communities First Act S. 1405, Community Banks Serving Their Communities First Act HR 3648, Mortgage Forgiveness Debt Relief Act (mortgage debt tax reform) HR 5720, Housing Assistance Tax Act of 2008 S.1988, First-Time Homebuyers' Tax Credit Act of 2007 HR 5140, Recovery Rebates and Economic Stimulus for the American People Act of 2008 (small business provisions) S 2566, Homebuyer Tax Credit HR 6275 Alternative Minimum Tax Relief Act HR 6049 Renewable Energy and Job Creation Act (small business provisions) S. 2886 AMT and Extenders Tax Relief Act HR 3874 Small Business Growth and Opportunity Act HR 3221, Housing and Economic Recovery Act of 2008 (first time home buyer tax credit) S.3254, Bank Limited Liability Act of 2008 Tax treatment of losses on Fannie Mae/Freddie Mac preferred stock
Client expense: $920,000 · Firm income: Not reported
2008 · third_quarter · Taxation/Internal Revenue Code
S. 601, the Simplification Through Additional Reporting Tax Act of 2007 S. 777, to repeal the imposition of withholding on certain payments made to vendors by government entities. S. 819, the Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. S. 940, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) 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. (all provisions) S. 1726, the Business Activity Tax Simplification Act (all provisions) S. 2394, the Good Government Contractor Act of 2007 (provision to repeal withholding requirement) S. 3063, the S Corporation Modernization Act S. 3254, the Small Bank Tax Equity Act S. 3335, the Jobs, Energy, Families, and Disaster Relief Act of 2008 (provisions to extend business-related tax provisions) H.R. 6, the Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 (S.Amdt. 1704, tax title provisions) H.R. 976, the Small Business Tax Relief Act of 2007 (all provisions) H.R. 1419, the Public Good IRA Rollover Act or 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes. H.R. 1424, the Emergency Economic Stabilization Act H.R. 1509, to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income (all provisions) H.R. 1677, the Taxpayer Protection Act of 2007 (refund anticipation loan provisions) H.R. 1023, to repeal the impositions of withholding on certain payments made to vendors by government entities. H.R. 2370, to amend the Internal Revenue Code of 1986 to provide for the establishment of financial security accounts for the care of family members with disabilities. 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. 3056, the Tax Collection Responsibility Act of 2007 (all provisions) H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007 (all provisions) H.R. 3678, the Internet Tax Freedom Act Amendments Act of 2007 (all provisions) H.R. 3970, the Tax Reduction and Reform Act of 2007 (revenue offset provisions, including economic substance doctrine, cost basis reporting, and deferred compensation taxation) H.R. 3996, the Tax Increase Prevention Act of 2007 (mortgage debt forgiveness, revenue offset tax provisions) H.R. 3997, the Emergency Economic Stabilization Act H.R. 4351, the AMT Relief Act of 2007 (revenue offsets provisions on the economic substance doctrine, deferred offshore compensation for hedge fund managers, and interest expense allocation rules for multinational firms) H.R. 4840, the S Corporation Modernization Act (all provisions) H.R. 5267, the Business Activity Tax Simplification Act of 2008 (all provisions) H.R. 5720, the Housing Assistance Tax Act of 2008 (all provisions, including bond authority, tax credits, cost-basis reporting requirements, and IRS withholding requirements) H.R. 6049, the Renewable Energy and Job Creation Act of 2008 (tax extension provisions, including research and development tax credit, Subpart F and Section 355 (controlled foreign corporation) rules, new markets tax credit; revenue offsets including effective date of new interest expense allocation, changes to deferred compensation rules for managers of offshore hedge funds) H.R. 6275, the Alternative Minimum Tax Relief Act of 2008 (revenue offset provisions) H.R. 6333, the Municipal Bonds Market Support Act (all provisions) H.R. 6601, the Small Business Tax Modernization Act of 2008 (all provisions) H.R. 7060, the Renewable Energy and Job Creation Tax Act of 2008 (business tax provisions, revenue offsets) Draft Legislation to require Cost-Basis Reporting for Securities Credit Card Information Reporting Codification of the Economic Substance Doctrine Proposals to apply unrelated business income tax (UBIT) to credit unions Proposals on Estate and Gift Tax Reform Proposed Middle Class Job Security Act (corporate tax rate, net operating loss carry-back provisions) Proposed amendment to Section 67(e) tax deductibility of trustee fees
2008 · third_quarter · Financial Institutions/Investments/Securities
S. 869, the Compete Act of 2007 (all provisions) S. 1356, the Industrial Bank Holding Company Act of 2007 (all provisions) S. 2957, the Credit Union Regulatory Improvements Act (all provisions) H.Con. Res. 140, the Financial Services Diversity Initiative (all provisions) S. 3254, To amend the Internal Revenue Code of 1986 to allow banks to be taxed as limited liability companies, and for other purposes (all provisions) HR. 323, the Seasoned Customer CTR Exemption Act of 2007 (all provisions) H.R. 698, the Industrial Bank Holding Company Act of 2007 (all provisions) H.R. 755, the Promoting Transparency in Financial Reporting Act of 2007 (all provisions) H.R. 1171, the Money Market Fund Parity Act of 2007 (all provisions) H.R. 1257, the Shareholder Vote on Executive Compensation Act (all provisions) H.R. 1424, the Emergency Economic Stabilization Act of 2008 (all provisions, including Treasury asset-purchase proposal, business tax provisions, FDIC coverage, SEC rules, accounting provisions, revenue offsets, GSE preferred stock tax accounting rules, proposed bankruptcy provisions) H.R.1508, the Compete Act of 2007 (all provisions) H.R. 1537, the Credit Union Regulatory Improvements Act (all provisions) H.R. 1869, the Communities First Act (all provisions) H.R. 1967, the Financial Privacy Notice Relief Act of 2007 (all provisions) H.R. 2547, the FDIC Enforcement Enhancement Act (all provisions) H.R. 2727, the Small Business SOX Compliance Extension Act (all provisions) H.R. 3013, the Affordable Financial Services Enhancement Act (all provisions) H.R. 3997, the Emergency Economic Stabilization Act of 2008 (all provisions, including Treasury asset-purchase proposal, SEC rules, accounting provisions, GSE preferred stock tax accounting rules, proposed bankruptcy provisions) H.R. 4043, the Preserving and Expanding Minority Depository Institutions Act (all provisions) H.R. 5519, the Credit Union Regulatory Relief Act of 2008 (all provisions) H.R. 6312, the Credit Union, Bank, and Thrift Regulatory Relief Act of 2008 (all provisions) H.R. 6659, the Equal Treatment of Covered Bonds Act of 2008 (all provisions) Proposals regarding 500-shareholder threshold for SEC registration under Sarbanes-Oxley Acts Section 404 Banking Committee draft legislation on industrial loan company (ILC) regulation Regulation Z proposal intended to curb subprime mortgage abuses
Client expense: $2,340,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office
Client expense: $2,340,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office
Client expense: $1,930,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office
Client expense: $1,930,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office
Government targets: Export-Import Bank of the United States (EXIM Bank), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office
Government targets: Agriculture, Dept of (USDA), Export-Import Bank of the United States (EXIM Bank), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Management & Budget (OMB), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office
Client expense: $2,340,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office
Client expense: $2,340,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office