Taxpayer Protection Act

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 1586 FAA Air Transportation Modernization and Safety Improvement Act H.R. 6190 Airport and Airway Extension Act of 2010, Part III H.R. 5900 Airline Safety and Federal Aviation Administration Extension Act of 2010 H.R. 5297 Small Business Lending Fund Act of 2010 (provisions related to accelerated depreciation) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 384 TARP Reform and Accountability Act (aircraft divestiture provisions) H.R. 3844 To amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property. S.2723 A bill to amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property. Other issues: U.S. Treasury Notice 2005 -45: Entertainment Use Notice U.S. Treasury Notice 2005-80: Excise Tax Charges IRS Proposal Regulation 147171-05: Deductions for Entertainments Use of Business Aircraft Entertainment Use:Charter Rate Method Safe Harbor IRS Air Transportation Excise Tax - Audit Technique Guide Extension of accelerated depreciation provision for aircraft purchases Extension of the placed-in-service date for aircraft purchases Research and Development tax credit Increase in Domestic Manufacturing Deduction Elimination of AMT penalty on airport private activity bonds IRS Notice 2008-64 to require taxpayers to file elections to group activities under passive loss rules Proposal and Temporary Regulation 301.7701-2T(c)(2)(v)B; Treasury Decision 9462; Reg-116614-08 74 Federal Regulation 46,957 - Excise Tax Applicability to disregarded entities IRS Revenue Procedure 2010-13 - Passive Activity Losses IRS Air Transportation Excise Tax Audit Technique Guide Aircraft Equipage and Funding

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

Government targets: Environmental Protection Agency (EPA), Federal Aviation Administration (FAA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Natl Transportation Safety Board (NTSB), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), White House Office

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 1586 FAA Air Transportation Modernization and Safety Improvement Act H.R. 6190 Airport and Airway Extension Act of 2010, Part III H.R. 5900 Airline Safety and Federal Aviation Administration Extension Act of 2010 H.R 5503 Securing Protections for the Injured from Limitations on Liability Act (provisions dealing with revisions to the Death on the High Seas Act) H.R. 5629 Oil Spill Accountability and Environmental Protection Act of 2010 (provisions dealing with revisions to the Death on the High Seas Act) H.R.4815 Community Airport Access and Protection Act of 2010 to allow through-the-fence access to general aviation airports, and for other purposes. H. RES. 1473 - Supporting backcountry airstrips and recreational aviation. H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 3371 The Airline Safety and Pilot Training Improvement Act of 2009 S. 2768 National Transportation Safety Board Reauthorization Act of 2009 H.R.4714 National Transportation Safety Board Reauthorization Act of 2010 S.1744 A bill to require the Administrator of the Federal Aviation Administration to prescribe regulations to ensure that all crewmembers on air carriers have proper qualifications and experience, and for other purposes. Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 National Airspace System Modernization Other issues continued: Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty International Airport. Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark Part 91/Part 135 Letters of Authorization Part 91 FAA legal interpretations - FAR 91.501- reimbursement Part 135 Applicability of Disability Access Regulations FAA Safety Management Systems Part 91 Subpart K FAA/NTSB Appeal Process NTSB Emergency Appeal - 49 USC 44709(e); NTSB Regulations 821.53, 821.55 and 821.57 Future of Aviation Federal Advisory Committee Part 382 - Nondiscrimination on the Basis of Disability in Air Travel

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 1586 FAA Air Transportation Modernization and Safety Improvement Act H.R. 5147 Federal Aviation Administration Extension Act of 2010 H.R.5611 Airport and Airway Extension Act of 2010, Part II H.R. 5297 Small Business Lending Fund Act of 2010 (provisions related to accelerated depreciation) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 384 TARP Reform and Accountability Act (aircraft divestiture provisions) H.R. 3844 To amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property. S.2723 A bill to amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property. Other issues: U.S. Treasury Notice 2005 -45: Entertainment Use Notice U.S. Treasury Notice 2005-80: Excise Tax Charges IRS Proposal Regulation 147171-05: Deductions for Entertainments Use of Business Aircraft Entertainment Use:Charter Rate Method Safe Harbor IRS Air Transportation Excise Tax - Audit Technique Guide Extension of accelerated depreciation provision for aircraft purchases Extension of the placed-in-service date for aircraft purchases Research and Development tax credit Increase in Domestic Manufacturing Deduction Elimination of AMT penalty on airport private activity bonds IRS Notice 2008-64 to require taxpayers to file elections to group activites under passive loss rules Propopsal and Temporary Regulation 301.7701-2T(c)(2)(v)B; Treasury Decision 9462; Reg-116614-08 74 Federal Regualtion 46,957 - Excise Tax Applicability to disregarded entities IRS Revenue Procedure 2010-13 - Passive Activity Losses IRS Air Transportation Excise Tax Audit Technique Guide

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 1586 FAA Air Transportation Modernization and Safety Improvement Act H.R. 5147 Federal Aviation Administration Extension Act of 2010 H.R.5611 Airport and Airway Extension Act of 2010, Part II HR 5503 - Securing Protections for the Injured from Limitations on Liability Act (provisions dealing with revisions to the Death on the High Seas Act) H.R. 5629 - Oil Spill Accountability and Environmental Protection Act of 2010 (provisions dealing with revisions to the Death on the High Seas Act) H.R.4815 - Community Airport Access and Protection Act of 2010 to allow through-the-fence access to general aviation airports, and for other purposes. H. RES. 1473 - Supporting backcountry airstrips and recreational aviation. H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 3371 The Airline Safety and Pilot Training Improvement Act of 2009 S. 2768 National Transportation Safety Board Reauthorization Act of 2009 H.R.4714 National Transportation Safety Board Reauthorization Act of 2010 S.1744 A bill to require the Administrator of the Federal Aviation Administration to prescribe regulations to ensure that all crewmembers on air carriers have proper qualifications and experience, and for other purposes. Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 National Airspace System Modernization Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty Interational Airport. Other issued continued: Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark Part 91/Part 135 Letters of Authorization Part 91 FAA legal interpretations - FAR 91.501- reimbursement Part 135 Applicability of Disability Access Regulations FAA Safety Management Systems Part 91 Subpart K FAA/NTSB Appeal Process NTSB Emergency Appeal - 49 USC 44709(e); NTSB Regulations 821.53, 821.55 and 821.57 Future of Aviation Federal Advisory Committee Part 382 - Nondiscrimination on the Basis of Disability in Air Travel

H.R. 915, FAA Reauthorization Act of 2009 H.R. 2847, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 S. 1451, FAA Air Transportation Modernization and Safety Improvement Act H.R. 3371, The Airline Safety and Pilot Training Improvement Act of 2009 GA Caucus H.R.1586, FAA Air Transportation Modernization and Safety Improvement Act H.R.4853, FAA Extension Act of 2010 S.2768 / H.R.4714, NTSB Reauthorization Act of 2009 S.1744, Enhancing Flight Crewmembers' Training H.R.3607, FY 2010 FAA Extension Act H.R.4217, FY 2010 FAA Extension Act Part II H.R. 4915 / S.3187, FAA Extension Act of 2010 H.R.5147, Airport and Airway Extension Act of 2010 H.R.5629, Oil Spill Accountability and Environmental Protection Act of 2010 H.R.384, TARP Reform and Accountability Act of 2009 S.195, Taxpayer Protection Act (aircraft divestiture provisions) H.R.5503, Securing Protections for the Injured from Limitations on Liability Act

Client expense: Not reported · Firm income: $60,000

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 1586 FAA Air Transportation Modernization and Safety Improvement Act H.R. 4853 Federal Aviation Administration Extension Act of 2010 S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 384 TARP Reform and Accountability Act (aircraft divestiture provisions) H.R. 3844 To amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property. Other issues: U.S. Treasury Notice 2005 -45: Entertainment Use Notice U.S. Treasury Notice 2005-80: Excise Tax Charges IRS Proposal Regulation 147171-05: Deductions for Entertainments Use of Business Aircraft Entertainment Use:Charter Rate Method Safe Harbor IRS Air Transportation Excise Tax - Audit Technique Guide Extension of accelerated depreciation provision for aircraft purchases Extension of the placed-in-service date for aircraft purchases Research and Development tax credit Increase in Domestic Manufacturing Deduction Elimination of AMT penalty on airport private activity bonds IRS Notice 2008-64 to require taxpayers to file elections to group activites under passive loss rules Propopsal and Temporary Regulation 301.7701-2T(c)(2)(v)B; Treasury Decision 9462; Reg-116614-08 74 Federal Regualtion 46,957 - Excise Tax Applicability to disregarded entities IRS Revenue Procedure 2010-13 - Passive Activity Losses IRS Air Transportation Excise Tax Audit Technique Guide

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

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 1586 FAA Air Transportation Modernization and Safety Improvement Act H.R. 4853 Federal Aviation Administration Extension Act of 2010 H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 2847, the Jobs for Main Street Act (provisions related to equipage funding) H.R. 3371 The Airline Safety and Pilot Training Improvement Act of 2009 S. 2768 National Transportation Safety Board Reauthorization Act of 2009 H.R.4714 National Transportation Safety Board Reauthorization Act of 2010 S.2745 A bill to prohibit the use of personal wireless communications devices and laptop computers by the flight crew of commercial aircraft on the flight deck of such aircraft during aircraft operations. S.2732 A bill to require the Administrator of the Federal Aviation Administration to promulgate regulations to prohibit the use of certain portable electronic devices in the cockpit of commercial aircraft during flight and to conduct a study of the safety impact of distracted pilots. S.1744 A bill to require the Administrator of the Federal Aviation Administration to prescribe regulations to ensure that all crewmembers on air carriers have proper qualifications and experience, and for other purposes. Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 National Airspace System Modernization Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty Interational Airport. Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark Part 91/Part 135 Letters of Authorization Part 91 FAA legal interpretations - FAR 91.501- reimbursement Part 135 Applicability of Disability Access Regulations FAA Safety Management Systems Part 91 Subpart K FAA/NTSB Appeal Process NTSB Emergency Appeal - 49 USC 44709(e); NTSB Regulations 821.53, 821.55 and 821.57

Transparency in the Federal Reserve; 1) Reform Credit Card Practices. Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of unfair practices of credit card industry. Bills include S 414, Credit CARD Act; HR 627, Credit Cardholders Bill of Rights Act, which became law. (As part of HR 627, unsuccessfully supported efforts to make interchange fees fairer and extend bill to include small business owners.) 2) Reform Mortgage Practices and Reform Financial Services Regulation. Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of mortgage and predatory lending. Bills included HR 1728 and HR 1782 on mortgage reform, supporting in part and opposing in part. 3) Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of financial industry by establishment of Financial Product Safety Commission, S. 566 and HR 1705 and renamed Consumer Financial Protection Agency (HR 3126) and other reforms to expand prudential regulation and improve safety net including the Wall Street Reform and Consumer Protection Act--HR 4173 and the (unnumbered) Dodd companion bill in the Senate, Restoring American Financial Stabiity Act. 4) Support efforts against unfair bank fees, including support for HR 1456, the Consumer Overdraft Protection Fair Practices Act (testified in House in March 2009). 5) Support reinstatement of federal usury ceilings on financial transactions (S. 500/HR 1608). 6) Support efforts to implement strong consumer and transparency protections in regulations and enforcement of the Emergency Economic Stabilization Act (HR 1424-Division A, became PL 110-343) and related bills. Supported bills including HR 384 and S 195 to reform the Troubled Asset Relief Program (TARP) and other programs established either by EESA or by federal regulators concerning financial reform and bailout funding. These and other similar bills would restore original purposes of bailout funds, increase transparency, limit executive compensation, grant greater authority to oversight agencies, etc. 7) Supported Section 626 of HR 1105 (Omnibus Appropriations) to grant greater authority to FTC and state attorneys general to better protect consumers against financial fraud and impose greater sanctions against wrongdoers. 8) urged administration/DOJ to support state causes of actions/state attorneys general enforcement authority in various state and federal cases including Cuomo vs. Clearinghouse and OCC. Testified in March 2010 before Senate Commerce Committee in support of stronger FTC authority in these areas. 8) In various fora, urged administration, State and USTR to support international financial rules as floor not ceiling of consumer protection; 9) Support S 1595, Deceptive Loan Check Elimination Act.

H.R. 915, FAA Reauthorization Act of 2009 H.R. 2847, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 S. 195, Taxpayer Protection Act (aircraft divestiture) S. 1451, FAA Air Transportation Modernization and Safety Improvement Act H.R. 3371, The Airline Safety and Pilot Training Improvement Act of 2009 GA Caucus H.R.1586, FAA Air Transportation Modernization and Safety Improvement Act H.R.4853, FAA Extension Act of 2010 S.2768 / H.R.4714, NTSB Reauthorization Act of 2009 S.1744, Enhancing Flight Crewmembers' Training

Client expense: Not reported · Firm income: $60,000

Federak Reseve tranperancy; HR 2492, To amend the Internal Revenue Code of 1986 to exclude from gross income discharges of student loans the repayment of which is income contingent or income based, all provisions. 1) Reform Credit Card Practices. Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of unfair practices of credit card industry. Bills include S 414, Credit CARD Act; HR 627, Credit Cardholders Bill of Rights Act, which became law. (As part of HR 627, unsuccessfully supported efforts to make interchange fees fairer and extend bill to include small business owners.) Testified in support (9 Oct) of H.R. 2382, the Credit Card Interchange Fees Act of 2009. 2) Reform Mortgage Practices and Reform Financial Services Regulation. Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of mortgage and predatory lending. Bills included HR 1728 and HR 1782 on mortgage reform, supporting in part and opposing in part. 3) Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of financial industry by establishment of Financial Product Safety Commission, S. 566 and HR 1705 and renamed Consumer Financial Protection Agency (HR 3126) and other reforms to expand prudential regulation and improve safety net including the Wall Street Reform and Consumer Protection Act--HR 4173. 4) Support efforts against unfair bank fees, including support for HR 1456, the Consumer Overdraft Protection Fair Practices Act (testified in House in March). 5) Support reinstatement of federal usury ceilings on financial transactions (S. 500/HR 1608). 6) Support efforts to implement strong consumer and transparency protections in regulations and enforcement of the Emergency Economic Stabilization Act (HR 1424-Division A, became PL 110-343) and related bills. Supported bills including HR 384 and S 195 to reform the Troubled Asset Relief Program (TARP) and other programs established either by EESA or by federal regulators concerning financial reform and bailout funding. These and other similar bills would restore original purposes of bailout funds, increase transparency, limit executive compensation, grant greater authority to oversight agencies, etc. 7) Supported Section 626 of HR 1105 (Omnibus Appropriations) to grant greater authority to FTC and state attorneys general to better protect consumers against financial fraud and impose greater sanctions against wrongdoers. 8) urged administration/DOJ to support state causes of actions/state attorneys general enforcement authority in various state and federal cases including Cuomo vs. Clearinghouse and OCC. 8) In various fora, urged administration, State and USTR to support international financial rules as floor not ceiling of consumer protection; 9) Support S 1595, Deceptive Loan Check Elimination Act.

H.R. 915, FAA Reauthorization Act of 2009 S. 195, Taxpayer Protection Act (aircraft divestiture provision) H.R. 384, TARP and Accountability Act (aircraft divestiture) S. 1451, FAA Air Transportation Modernization and Safety Improvement Act General representation on FAA modernization funding

Client expense: Not reported · Firm income: $60,000

H.R. 384, TARP Reform and Accountability Act of 2009 H.R. 915, FAA Reauthorization Act of 2009 H.R. 2847, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 S. 195, Taxpayer Protection Act (aircraft divestiture) H.Res 94, Emergency Economic Stabilization Act S. 1451, FAA Air Transportation Modernization and Safety Improvement Act H.R. 3288, Transportation, Housing and Urban Development and Related Agencies Appropriations Act, 2010 (provisions related to FAA and DOT funding) H.R. 3607, a bill to extend funding authority for federal aviation programs through 12/31/09 H.R. 4217, FY2010 FAA Extension Act, Part II H.R. 3371, The Airline Safety and Pilot Training Improvement Act of 2009 S. 2768, National Transportation Safety Board Reauthorization Act of 2009 General Aviation Caucus

Client expense: Not reported · Firm income: $60,000

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 3288 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2010 (provisions related to FAA and DOT funding) H.R. 2847 Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 (provisions related to aeronautics research) H.R. 2847, the Jobs for Main Street Act (provisions related to equipage funding) H. Res. 94 Urging the Secretary of the Treasury to take certain actions under the Emergency Economic Stabilization Act of 2008 to protect the interests of the taxpayer, and for other purposes. (aircraft divestiture provisions) H. RES. 508 Expressing the sense of the House of Representatives that the general aviation industry should be recognized for its contributions to the United States. H.R. 3371 The Airline Safety and Pilot Training Improvement Act of 2009 S. 2768 National Transportation Safety Board Reauthorization Act of 2009 S.2745 A bill to prohibit the use of personal wireless communications devices and laptop computers by the flight crew of commercial aircraft on the flight deck of such aircraft during aircraft operations. S.2732 A bill to require the Administrator of the Federal Aviation Administration to promulgate regulations to prohibit the use of certain portable electronic devices in the cockpit of commercial aircraft during flight and to conduct a study of the safety impact of distracted pilots. S.1744 A bill to require the Administrator of the Federal Aviation Administration to prescribe regulations to ensure that all crewmembers on air carriers have proper qualifications and experience, and for other purposes. H.R.4217 Fiscal Year 2010 Federal Aviation Administration Extension Act, Part II Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 National Airspace System Modernization Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty Interational Airport. Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark Part 91/Part 135 Letters of Authorization Part 91 FAA legal interpretations - FAR 91.501- reimbursement Part 135 Applicability of Disability Access Regulations FAA Safety Management Systems Part 91 Subpart K FAA/NTSB Appeal Process

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 384 TARP Reform and Accountability Act (aircraft divestiture provisions) H.R. 3844 To amend the Internal Revenue Code of 1986 to provide a special depreciation allowance and recovery period for noncommercial aircraft property. Other issues: U.S. Treasury Notice 2005 -45: Entertainment Use Notice U.S. Treasury Notice 2005-80: Excise Tax Charges IRS Proposal Regulation 147171-05: Deductions for Entertainments Use of Business Aircraft Entertainment Use:Charter Rate Method Safe Harbor IRS Air Transportation Excise Tax - Audit Technique Guide Extension of accelerated depreciation provision for aircraft purchases Extension of the placed-in-service date for aircraft purchases Research and Development tax credit Increase in Domestic Manufacturing Deduction Elimination of AMT penalty on airport private activity bonds IRS Notice 2008-64 to require taxpayers to file elections to group activites under passive loss rules Propopsal and Temporary Regulation 301.7701-2T(c)(2)(v)B; Treasury Decision 9462; Reg-116614-08 74 Federal Regualtion 46,957 - Excise Tax Applicability to disregarded entities

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

H.R. 384, TARP Reform and Accountability Act of 2009 H.R. 915, FAA Reauthorization Act of 2009 H.R. 2847, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 S. 195, Taxpayer Protection Act (aircraft divestiture) H.Res 94, Emergency Economic Stabilization Act S. 1451, FAA Air Transportation Modernization and Safety Improvement Act H.R. 3288, Transportation, Housing and Urban Development and Related Agencies Appropriations Act, 2010 (provisions related to FAA and DOT funding) H.R. 3607, a bill to extend funding authority for federal aviation programs through 12/31/09 H.R. 2918, Legislative Branch Appropriations Act of 2010 (continuing resolution provision funding DOT and DHS through 10/31/09)

Client expense: Not reported · Firm income: $60,000

H.R. 915, FAA Reauthorization Act of 2009 S. 195, Taxpayer Protection Act (aircraft divestiture provision) H.R. 384, TARP and Accountability Act (aircraft divestiture)

Client expense: Not reported · Firm income: $60,000

HR 2492, To amend the Internal Revenue Code of 1986 to exclude from gross income discharges of student loans the repayment of which is income contingent or income based, all provisions. Ending the use of offshore tax havens. Transparency in the Federal Reserve. 1) Reform Credit Card Practices. Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of unfair practices of credit card industry. Bills include S 414, Credit CARD Act; HR 627, Credit Cardholders Bill of Rights Act, which became law. (As part of HR 627, unsuccessfully supported efforts to make interchange fees fairer and extend bill to include small business owners.) 2) Reform Mortgage Practices and Reform Financial Services Regulation. Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of mortgage and predatory lending. Bills included HR 1728 and HR 1782 on mortgage reform, supporting in part and opposing in part. 3) Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of financial industry by establishment of Financial Product Safety Commission, S. 566 and HR 1705 and renamed Consumer Financial Protection Agency (HR 3126) and other reforms to expand prudential regulation and improve safety net. 4) Support efforts against unfair bank fees, including support for HR 1456, the Consumer Overdraft Protection Fair Practices Act (testified in House in March). 5) Support reinstatement of federal usury ceilings on financial transactions (S. 500/HR 1608). 6) Support efforts to implement strong consumer and transparency protections in regulations and enforcement of the Emergency Economic Stabilization Act (HR 1424-Division A, became PL 110-343) and related bills. Supported bills including HR 384 and S 195 to reform the Troubled Asset Relief Program (TARP) and other programs established either by EESA or by federal regulators concerning financial reform and bailout funding. These and other similar bills would restore original purposes of bailout funds, increase transparency, limit executive compensation, grant greater authority to oversight agencies, etc. 7) Supported Section 626 of HR 1105 (Omnibus Appropriations) to grant greater authority to FTC and state attorneys general to better protect consumers against financial fraud and impose greater sanctions against wrongdoers. 8) urged administration/DOJ to support state causes of actions/state attorneys general enforcement authority in various state and federal cases including Cuomo vs. Clearinghouse and OCC. 8) In various fora, urged administration, State and USTR to support international financial rules as floor not ceiling of consumer protection; 9) Support S 1595, Deceptive Loan Check Elimination Act.

H.R. 915 FAA Reauthorization Act of 2009 S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 384 TARP Reform and Accountability Act (aircraft divestiture provisions) Other issues: U.S. Treasury Notice 2005 -45: Entertainment Use Notice U.S. Treasury Notice 2005-80: Excise Tax Charges IRS Proposal Regulation 147171-05: Deductions for Entertainments Use of Business Aircraft Entertainment Use:Charter Rate Method Safe Harbor IRS Air Transportation Excise Tax - Audit Technique Guide Extension of accelerated depreciation provision for aircraft purchases Extension of the placed-in-service date for aircraft purchases Research and Development tax credit Increase in Domestic Manufacturing Deduction Elimination of AMT penalty on airport private activity bonds IRS Notice 2008-64 to require taxpayers to file elections to group activites under passive loss rules

Client expense: $722,000 · Firm income: Not reported

H.R. 915 FAA Reauthorization Act of 2009 S. 1451 FAA Air Transportation Modernization and Safety Improvement Act H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 3288 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2010 (provisions related to FAA and DOT funding) H.R. 2847 Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 (provisions related to aeronautics research) H. Res. 94 Urging the Secretary of the Treasury to take certain actions under the Emergency Economic Stabilization Act of 2008 to protect the interests of the taxpayer, and for other purposes. (aircraft divestiture provisions) H. RES. 508 Expressing the sense of the House of Representatives that the general aviation industry should be recognized for its contributions to the United States. H.R. 3607 a bill to extend funding authority for federal aviation programs through December 31, 2009 H.R.2918 Legislative Branch Appropriations Act, 2010 (continuing resolution provision funding DOT and DHS through October 31, 2009) H.R. 3371 The Airline Safety and Pilot Training Improvement Act of 2009 Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty Interational Airport. National Airspace System Modernization Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark Part 91/Part 135 Letters of Authorization Part 91 FAA legal interpretations - FAR 91.501- reimbursement Part 135 Applicability of Disability Access Regulations

H.R. 384, TARP Reform and Accountability Act of 2009 H.R. 915, FAA Reauthorization Act of 2009 H.R. 2847, Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 S. 195, Taxpayer Protection Act (aircraft derivative) H.Res 94, Emergency Economic Stabilization Act

Client expense: Not reported · Firm income: $60,000

H.R. 915 FAA Reauthorization Act of 2009 H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 2847 Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 (provisions related to aeronautics research) H. Res. 94 Urging the Secretary of the Treasury to take certain actions under the Emergency Economic Stabilization Act of 2008 to protect the interests of the taxpayer, and for other purposes. (aircraft divestiture provisions) H. RES. 508 Expressing the sense of the House of Representatives that the general aviation industry should be recognized for its contributions to the United States. Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty Interational Airport. National Airspace System Modernization Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark

H.R. 915 FAA Reauthorization Act of 2009 S. 195 Taxpayer Protection Act (aircraft divestiture provisions) H.R. 384 TARP Reform and Accountability Act (aircraft divestiture provisions) Other issues: U.S. Treasury Notice 2005 -45: Entertainment Use Notice U.S. Treasury Notice 2005-80: Excise Tax Charges IRS Proposal Regulation 147171-05: Deductions for Entertainments Use of Business Aircraft Entertainment Use:Charter Rate Method Safe Harbor IRS Air Transportation Excise Tax - Audit Technique Guide Extension of accelerated depreciation provision for aircraft purchases Extension of the placed-in-service date for aircraft purchases Research and Development tax credit Increase in Domestic Manufacturing Deduction Elimination of AMT penalty on airport private activity bonds IRS Notice 2008-64 to require taxpayers to file elections to group activites under passive loss rules

Client expense: $530,000 · Firm income: Not reported

1) Reform Credit Card Practices. Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of unfair practices of credit card industry. Testified in House. Bills include S 414, Credit CARD Act; HR 627, Credit Cardholders Bill of Rights Act, which became law. (As part of HR 627, unsuccessfully supported efforts to make interchange fees fairer and extend bill to include small business owners.) 2) Reform Mortgage Practices and Reform Financial Services Regulation. Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of mortgage and predatory lending. Bills included HR 1728 and HR 1782 on mortgage reform, supporting in part and opposing in part. 3) Provided comments to hill, signed letters, testified, lobbied on all aspects of legislation and proposed regulations pertaining to reform of financial industry by establishment of Financial Product Safety Commission, S. 566 and HR 1705 and other reforms to expand prudential regulation and improve safety net. 4) Support efforts against unfair bank fees, including support for HR 1456, the Consumer Overdraft Protection Fair Practices Act (testified in House in March). 5) Support reinstatement of federal usury ceilings on financial transactions (S. 500/HR 1608). 6) Support efforts to implement strong consumer and transparency protections in regulations and enforcement of the Emergency Economic Stabilization Act (HR 1424-Division A, became PL 110-343) and related bills. Supported bills including HR 384 and S 195 to reform the Troubled Asset Relief Program (TARP) and other programs established either by EESA or by federal regulators concerning financial reform and bailout funding. These and other similar bills would restore original purposes of bailout funds, increase transparency, limit executive compensation, grant greater authority to oversight agencies, etc. 7) Supported Section 626 of HR 1105 (Omnibus Appropriations) to grant greater authority to FTC and state attorneys general to better protect consumers against financial fraud and impose greater sanctions against wrongdoers. 8) urged administration/DOJ to support state causes of actions/state attorneys general enforcement authority in various state and federal cases including Cuomo vs. Clearinghouse and OCC.

1) Reform Credit Card Practices. Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of unfair practices of credit card industry. Testified in House. Bills include S 414, Credit CARD Act; HR 627, Credit Cardholders Bill of Rights Act; 2) Reform Mortgage Practices and Reform Financial Services Regulation. Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of mortgage and predatory lending. Bills included HR 1728 and HR 1782 on mortgage reform, supporting in part and opposing in part. 3) Provided comments to hill, signed letters, lobbied on all aspects of legislation and proposed regulations pertaining to reform of financial industry by establishment of Financial Product Safety Commission, S. 566 and HR 1705 and other reforms. 4) Support efforts against unfair bank fees, including support for HR 1456, the Consumer Overdraft Protection Fair Practices Act (testified in House). 5) Support reinstatement of federal usury ceilings on financial transactions (S. 500/HR 1608). 6) Support efforts to implement strong consumer and transparency protections in regulations and enforcement of the Emergency Economic Stabilization Act (HR 1424-Division A, became PL 110-343) and related bills. Supported bills including HR 384 and S 195 to reform the Troubled Asset Relief Program (TARP) and other programs established either by EESA or by federal regulators concerning financial reform and bailout funding. These and other similar bills would restore original purposes of bailout funds, increase transparency, limit executive compensation, grant greater authority to oversight agencies, etc. 7) Supported Section 626 of HR 1105 (Omnibus Appropriations) to grant greater authority to FTC and state attorneys general to better protect consumers against financial fraud and impose greater sanctions against wrongdoers. Regarding the Troubled Asset Relief Program (TARP), specifically additional oversight and transparency measures. S.195 (initially) in the Senate, but meeting were more generally focused on more robust measures that have yet to be introduced.

H.R. 1 American Recovery and Reinvestment Act of 2009 (provisions related to aircraft use and nextgen funding) H.R.1105 2009 Omnibus Appropriations Act (sections dealing with the Department of Transportation and FAA) H.R. 384 TARP Reform and Accountability Act of 2009 (aircraft divestiture provisions) H.R. 1512 Federal Aviation Administration Extension Act of 2009 H.R. 915 FAA Reauthorization Act of 2009 S. 195 Taxpayer Protection Act (aircraft divestiture provsions) H. Res. 94 Urging the Secretary of the Treasury to take certain actions under the Emergency Economic Stabilization Act of 2008 to protect the interests of the taxpayer, and for other purposes. (aircraft divestiture provisions) H.CON.RES.85 2010 budget resolution (provisions related to the Departments of Transportation and Homeland Security) S.CON.RES.13 2010 budget resolution (provisions related to the Departments of Transportation and Homeland Security) Other issues: General Aviation flight restrictions Airport access issues FAA funding Aviation safety FAA Part 91 Subpart K - Aircraft Fractional Ownership Capetown Treaty Part 135 Aircraft Charter P.L. 110 - 81 - Carriage of Elected Officials New York Aviation Rulemaking Committee Policy regarding Airport Rates and Charges FAA-2008-0036 Airports Operational Changes at John F. Kennedy International Airport, LaGuardia Airport, and Newark Liberty Interational Airport. National Airspace System Modernization Advanced Notice of Proposed Rulemaking, Docket OST200727057 - Consumer Information Regarding On-Demand Air Taxi Operations, regarding Air Charter Brokers Aircraft landing distance limitations 125/135 Aviation Rulemaking Committee recommendations Runway Safety and Pilot Deviations Part 125 Letters of Deviation Citizenship Issues - enforcement Timesharing agreements Federal Excise Tax applicability FAA-2006-25709 Congestion Management Rule for LaGuardia Airport - Supplemental Notice of Proposed Rulemaking FAA-2008-0517 Congestion Management Rule for JFK and Newark