Main Street Tax Certainty Act

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: $683,325 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Mine Safety & Health Administration (MSHA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Mine Safety & Health Administration (MSHA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Mine Safety & Health Administration (MSHA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Mine Safety & Health Administration (MSHA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Mine Safety & Health Administration (MSHA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit S. 749, American Innovation and Jobs Act H.R. 1304, American Innovation and R&D Competitiveness Act Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Mine Safety & Health Administration (MSHA), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit Tax reform implementation

Client expense: $680,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

Support for S.1149, the Main Street Tax Certainty Act, to make the Section 199A qualified business deduction permanent; Support for H.R. 218 Death Tax Repeal Act; Support for cash accounting with IRS and concerns about changes to definition of farming syndicate.

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

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commodity Futures Trading Commission (CFTC), Environmental Protection Agency (EPA), Federal Energy Regulatory Commission (FERC), Federal Motor Carrier Safety Administration, Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

LIFO, 199-A Permanency for pass through businesses-H.R.216, S.1149; estate tax permanence-H.R.218, S.215; H.R.5377 Restoring Tax Fairness for States and Localities Act;COVID-19 Relief

Client expense: $340,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 1869, S. 803 - Restoring Investments in Improvements Act - fix QIP drafting error H.R. 216, S. 1149 - Main Street Certainty Act - make permanent the Qualified Business Income deduction H.R. 218, S. 215 - Death Tax Repeal Act - repeal the federal estate tax Change definition of real property to better reflect a building's electrical distribution system HR 7010 Paycheck Protection Flexibility Act - provisions relating to PPP extension and modification Deductibility of expenses paid with PPP funds Clarification of expensing provisions relating to electrical components H.R. 133 - Consolidated Appropriations Act - deduction of PPP expenses

Client expense: Not reported · Firm income: $6,000

Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA), Treasury, Dept of

H.R. 216, S. 1149 - Main Street Certainty Act - support permanence of the Qualified Business Income deduction H.R. 1869, S. 803 - Restoring Investments in Improvements Act - support fixing the QIP drafting error in TCJA H.R. 218, S. 215 - Death Tax Repeal Act - repeal of the federal estate tax H.R. 7010 Paycheck Protection Flexibility Act - provisions relating to PPP extension and modification Deductibility of expenses paid with PPP funds H.R. 133 - Consolidated Appropriations Act

Client expense: Not reported · Firm income: $13,500

Government targets: Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR)

Legislation related to tax reform. Implementation of the tax reform bill. Legislation related to tax incentives for vehicles and fuel. S.617 - Tax Extender and Disaster Relief Act of 2019 H.R.3301 - Taxpayer Certainty and Disaster Tax Relief Act of 2019 H.R.7330 - GREEN Act of 2020 S.1149 - Main Street Tax Certainty Act H.R.1508 - Move America Act of 2019 H.R.2864 - Rebuild America Act of 2019

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

Government targets: Environmental Protection Agency (EPA), Federal Maritime Commission, Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE, Surface Transportation Board (STB), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Customs & Border Protection, Vice President of the U.S.

Coronavirus Recovery Relief: -Amend the Tax Code to restore the ability of businesses to carryback any net operating losses against previous year tax payments; suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; and suspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year. - Expand eligibility for the proposed PPP second draw to a greater share of struggling small businesses by lowering the gross revenue reduction requirement from 50 percent. - Continuing the Paycheck Protection Program Act (S. 4773) - establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19. - Main Street Tax Certainty Act (H.R. 216/S. 1149): Support bill to make permanent a 20 percent deduction for pass-through income in the Tax Cuts and Jobs Act which expires in 2025. - Death Tax Repeal Act of 2019 (H.R. 218/S. 215)

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

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

H.R. 3 - Lower Drug Costs Now Act of 2019 This bill establishes several programs and requirements relating to the prices of prescription drugs. NSBA is monitoring. H.R. 25 - The Fair Tax Act To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the states. NSBA supports H.R. 116 - Investing in Main Street Act The bill amends the Small Business Investment Act of 1958 to increase from 5 percent to 15 percent of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. NSBA is monitoring. H.R. 128 - Small Business Advocacy Improvements Act H.R. 128 allows the SBA Office of Advocacy to examine the role of small business in international economies and to represent small business views before foreign governments and international entities. NSBA is monitoring. H.R.133 - Consolidated Appropriations Act, 2021 Omnibus spending bill which included $900 billion in COVID relief, specifically a new round of lending under the Paycheck Protection Program (PPP). NSBA supports the small business provisions. H.R. 190 - Expanding Contracting Opportunities for Small Business Act H.R. 190 raises the dollar amount of sole-source awards so that they are closer in line with the size of current contracts being awarded in the procurement landscape. NSBA supports. H.R. 206 - Encouraging Small Business Innovators Act H.R. 206 makes a series of changes to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, making them easier for small firms to use. NSBA supports. H.R. 216 - Main Street Certainty Act of 2019 Legislation to make permanent the 20-percent pass-through deduction from the Tax Cuts and Jobs Act. NSBA supports. H.R. 218 - The Death Tax Repeal Act This bill repeals the federal estate, gift, and generation-skipping transfer taxes. NSBA supports. H.R. 222 - Death Tax Repeal Act of 2019 This bill repeals the federal estate, gift, and generation-skipping transfer taxes. NSBA supports. H.R. 226 - Clarity on Small Business Participation in Category Management Act H.R. 226 requires the SBA to report federal spending made through designated best-in-class vehicles, and to report on the dollars spent through these vehicles awarded to small businesses. NSBA supports. H.R. 227 - Incentivizing Fairness in Subcontracting Act Bill allows large prime contractors to take credit for subcontracting to small businesses at lower tiers, provided that prime contractors keep records substantiating subcontracting credit claimed at lower tiers, and creates a new dispute process for small subcontractors to bring non-payment issues to the agencys small business advocate (Offices of Small and Disadvantaged Business Utilization). NSBA supports. H.R. 246 - Stimulating Innovation through Procurement Act The bill requires SBA to coordinate with the senior procurement executives of federal agencies participating in a Small Business Innovation Research (SBIR) Program or a Small Business Technology Transfer (STTR) Program to assist small businesses participating in such programs with commercializing research. NSBA supports. H.R. 275 - Medicare Prescription Drug Price Negotiation Act of 2019 Bill requires the federal government to negotiate lower drug prices for seniors enrolled in the Medicare Part D program. NSBA is monitoring. H.R. 448 - The Medicare Drug Price Negotiation Act Bill makes a series of changes relating to the prices of prescription drugs under the Medicare prescription drug benefit and Medicare Advantage (MA) prescription drug plans (PDPs). NSBA is monitoring. H.R. 582 - The Raise the Wage Act This bill amends the Fair Labor Standards Act of 1938 to increase the federal minimum wage for regular employees over a 7-year period, for tipped employees, and for newly hired employees who are less than 20 years old. NSBA opposes. H.R. 593 - Small Business Owners' Tax Simplification Act of 2019H.R. 593 introduces a number of provisions to benefit small businesses, such as aligning estimated payment deadlines and tax filing thresholds, as well as tackling inconsistencies in reporting requirements. NSBA supports. H.R. 1046 - The Medicare Negotiation and Competitive Licensing Act of 2019 Bill would authorize the Secretary of Health and Human Services (HHS) to negotiate drug prices and, if drug companies refuse to negotiate in good faith, it would enable the Secretary to issue a competitive license to another company to produce the medication as a generic. NSBA is monitoring. H.R. 1084 - Family Savings Act of 2019 It includes a variety of provisions aimed at making it easier for smaller businesses to offer tax-qualified retirement savings plans to their employees, encouraging individuals to participate in retirement plans, and promoting savings for nonretirement expenses. NSBA is monitoring. H.R. 1185 - The Family and Medical Insurance Leave (FAMILY) Act Legislation which provide workers with up to 12 weeks of partial income while taking family leave. NSBA opposes. H.R.1384 - Medicare for All Act of 2019 H.R. 1384 would create a single-payer, government-funded health care program within two years, eliminating the age 65 threshold for Medicare eligibility. NSBA is monitoring. H.R. 1420 - Energy Efficient Government Technology Act This bill sets forth requirements with respect to increasing the energy efficiency of information technologies and data centers within the federal government. NSBA is monitoring. H.R. 1534 - Federal Employee Paid Leave Act of 2019 Bill would provide federal employees with 12 weeks paid leave for all instances covered by FMLA. NSBA opposes. H.R. 1644 - Save the Internet Act of 2019 Bill would restore net neutrality rules recently repealed by the Federal Communications Commission (FCC). NSBA supports. H.R. 1648 - Small Business Advanced Cybersecurity Enhancements Act of 2019 Amends the Small Business Act to provide for the establishment of an enhanced cybersecurity assistance and protections for small businesses. NSBA supports. H.R. 1649 - Small Business Development Center Cyber Training Act This bill amends the Small Business Act to require the Small Business Administration to establish a program for certifying employees of small business development centers to provide cybersecurity planning assistance to small businesses. NSBA supports. H.R. 1760 - Advanced Nuclear Fuel Availability Act This bill directs the Office of Nuclear Energy in the Department of Energy to develop and deploy high-assay low-enriched uranium for domestic commercial use and to develop a schedule for recovering costs associated with such development. NSBA is monitoring. H.R. 1768 - Diesel Emissions Reduction Act of 2019 This bill reauthorizes through FY2024 a diesel emissions reduction program under which the Environmental Protection Agency provides grants, rebates, or loans for replacing diesel engines or retrofitting the engines with pollution control technologies. NSBA is monitoring. H.R. 1784 - Healthy Families Act Legislation that would allow workers to annually accrue up 56 hours of paid sick leave or seven days of paid sick leave each year. NSBA opposes. H.R. 1909 - The HALOS Act This bill directs the Securities and Exchange Commission (SEC) to revise Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. NSBA supports. H.R. 1922 - Restoring Access to Medication Act of 2019 This bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, health flexible spending arrangements, and health reimbursement arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs). The bill also allows the accounts to be used for menstrual care products. NSBA supports. H.R. 1927 - Separation of Powers Restoration Act of 2019 This bill modifies the scope of judicial review of agency actions to authorize courts reviewing agency actions to decide de novo (without giving deference to the agency's interpretation) all relevant questions of law, including the interpretation of: (1) constitutional and statutory provisions, and (2) rules made by agencies. NSBA supports. H.R. 1933 - Online Sales Simplicity and Small Business Relief Act of 2019 This bill prohibits states from imposing a sales tax collection duty on certain remote sellers. A "remote seller" is a person without a physical presence in a state who makes a sale in the state. NSBA is monitoring. H.R. 2114 - Enhancing State Energy Security Planning and Emergency Preparedness Act of 2019 The bill authorizes the Department of Energy (DOE) to provide financial assistance to states for the implementation, review, and revision of a state energy security plan that assesses the state's existing circumstances and proposes methods to strengthen the ability of the state to have a reliable, secure, and resilient energy infrastructure. NSBA is monitoring. H.R. 2331 - The SBA Cyber Awareness Act It require the SBA to report annually to the Congress on the state of its information technology (IT) and cybersecurity systems, the methods it could use to improve cybersecurity, any IT equipment or systems it has that were produced by an entity doing business principally in China, and any recent cybersecurity risks or incidents and subsequent responses. NSBA supports. H.R. 2345 - Clarifying the Small Business Runway Extension Act Amend the Small Business Act to clarify the intention of Congress that the Administrator of the Small Business Administration is subject to certain requirements with respect to establishing size standards for small business concerns. NSBA is monitoring. H.R. 2513 - The Corporate Transparency Act of 2019 Bill would amend the Bank Secrecy Act to require an applicant seeking to form a corporation or limited liability company (LLC) to disclose the beneficial owners of the entity. NSBA opposes the small business requirements section of the bill. H.R. 2603 - the Northern Mariana Islands Small Business Act Gives the Northern Mariana Islands full access to SBA grant and microloan programs. NSBA supports. H.R. 3630 - The No Surprises Act This bill expands restrictions on charging health care plan holders out-of-network rates for certain services. NSBA is monitoring. H.R. 3666 - STRONGER Patents Act of 2019 Measure would make it easier and more affordable for patent holders to enforce their patents. NSBA supports. H.R. 4069 - The Modern Worker Empowerment Act Amend the FLSA to adopt a common-law test to define the term employee. The bill would have the effect of harmonizing the definition of employee for purposes of federal law and thereby minimizing the uncertainty surrounding the determination as to whether an individual is an employee or independent contractor. NSBA is monitoring. H.R. 4387 - To establish Growth Accelerator Fund Competition within the Small Business Administration H.R. 4387 codifies the SBA-initiated Growth Accelerator Fund Competition within the SBA for four years. The program awards $50,000 prizes to the nations most innovative small business accelerators and incubators. NSBA supports. H.R. 4405 - Women's Business Centers Improvements Act of 2019 The Womens Business Centers Improvements Act strengthens the WBC program to ensure that women entrepreneurs across the country have access to the vital counseling and technical training services that can take them from startup to success. NSBA supports. H.R. 4406 - Small Business Development Centers Improvement Act of 2019 This bill reauthorizes the Small Business Development Center Program through FY2023 and otherwise revises the program. NSBA supports. H.R. 4407 - SCORE for Small Business Act of 2019 This bill reauthorizes through FY2022 the Service Corps of Retired Executives (SCORE) program, outlines the duties of the SCORE Association, and requires the Small Business Administration (SBA) to cooperate with the association to carry out the program. NSBA supports. H.R. 4863 - United States Export Finance Agency Act of 2019 To promote the competitiveness of the United States, to reform and reauthorize the United States Export Finance Agency. NSBA supports. H.R. 4907 - TRUST Act The bill establishes bipartisan commissions to make recommendations on each trust fund, and those recommendations would receive a fast-tracked vote in Congress. NSBA is monitoring. H.R. 4931 - Incubator Act of 2019 The purposes for this Act are to support the growth and success of business incubators throughout the country and to stimulate widespread business development and economic growth. NSBA is monitoring. H.R. 5065 - the Prison to Proprietorship Act for Formerly Incarcerated Act H.R. 5065 provides re-entry entrepreneurship counseling and training services for formerly incarcerated individuals. NSBA supports. H.R. 5078 - the Prison to Proprietorship Act H.R. 5078 provides re-entry entrepreneurship counseling and training services for qualified, non-violent and soon to be released incarcerated individuals. NSBA supports. H.R. 5130 - the Capturing All Small Businesses Act of 2019 H.R. 5130 modifies the Small Business Administrations (SBAs) size calculation for employee based firms, allowing them more time to build their competitiveness. NSBA supports. H.R. 5146 - the Unlocking Opportunities for Small Businesses Act of 2019 H.R. 5146 would allow small businesses to leverage past performance experience obtained as part of joint ventures and subcontracts, which otherwise wouldnt be an option, Small businesses that wish to perform as prime contractors are often faced with a dilemma. NSBA supports. H.R. 5377 - Restoring Tax Fairness for States and Localities Act This bill increases the tax deduction for state and local taxes in 2019 to $20,000 for persons filing a joint tax return if the adjusted gross income of the taxpayer does not exceed $100 million. NSBA is monitoring. H.R. 6312 - COVID-19 RELIEF for Small Businesses Act of 2020 Legislation that would provide relief to small businesses facing consequences from the ongoing COVID-19 outbreak. NSBA is monitoring. H.R. 6333 - To establish a Small Business Financial Assistance Program to support small businesses during the COVID-19 emergency, and for other purposes. This bill requires the Department of the Treasury to establish a Small Business Financial Assistance Program to provide loans and loan guarantees to small businesses. NSBA is monitoring. H.R. 6349 - Continuity of Business Operations Support Act of 2020 This bill requires the Small Business Administration (SBA) to provide grants to small business development centers, women's business centers, and chapters of the Service Corps of Retired Executives to educate and advise small businesses on specified matters related to COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. H.R. 6361 - Relief for Small Businesses and Nonprofits Act Bill to provide loan and obligation payment relief for small businesses and non-profits affected by the COVID-19 emergency, and for other purposes. NSBA is monitoring. H.R. 6367 - Entrepreneurial Development COVID-19 Response Act of 2020 This bill requires the Small Business Administration to award grants for small business development centers, women's business centers, and chapters of the Service Corps of Retired Executives to provide small businesses with specified assistance related to COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. H.R.6395 - National Defense Authorization Act for Fiscal Year 2021 This bill authorizes FY2021 appropriations and sets forth policies for Department of Defense (DOD) programs and activities. NSBA opposes the beneficial ownership provisions. H.R. 6396 - To provide tax and regulatory relief and health care flexibility to individuals and businesses affected by the 2020 coronavirus pandemic. NSBA is monitoring. H.R.8900 - Further Continuing Appropriations Act, 2021, and Other Extensions Act Bill moves the government funding deadline from Dec. 11 to Dec. 18, in addition to providing a one-week extension for certain health programs. NSBA supports. S. 92 - Regulations from the Executive in Need of Scrutiny Act of 2019 The REINS Act seeks to restore authority to Congress by allowing lawmakers to have final say on regulations with an estimated economic impact of more than $100 million. NSBA supports. S. 215 - Death Tax Repeal Act of 2019 This bill amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount. NSBA supports. S. 463 - The Family and Medical Insurance Leave (FAMILY) Act Legislation which provide workers with up to 12 weeks of partial income while taking family leave. NSBA opposes. S. 673 - Expanding Contracting Opportunities for Small Businesses Act of 2019 Bill increases the size of sole source contract awards for women owned, service-disabled veteran-owned, HUBZone, and socially and economically disadvantaged small businesses, and implements a new eligibility determination process to ensure sole source awards are made to eligible firms. NSBA supports. S. 682 -Save the Internet Act of 2019 Bill would restore net neutrality rules recently repealed by the Federal Communications Commission (FCC). NSBA supports. S. 771 - Small Business Cyber Training Act of 2019 This bill amends the Small Business Act to require the Small Business Administration to establish a program for certifying employees of small business development centers to provide cybersecurity planning assistance to small businesses. NSBA supports. S. 840 - Healthy Families Act Legislation that would allow workers to annually accrue up 56 hours of paid sick leave or seven days of paid sick leave each year. NSBA opposes. S. 909 - Separation of Powers Restoration Act This bill modifies the scope of judicial review of agency actions to authorize courts reviewing agency actions to decide de novo (without giving deference to the agency's interpretation) all relevant questions of law, including the interpretation of: (1) constitutional and statutory provisions, and (2) rules made by agencies. NSBA supports. S. 996 - Microloan Program Enhancement Act of 2019 Bill modifies the microloan program of the Small Business Administration. NSBA supports. S. 1089 - Restoring Access to Medication Act of 2019 This bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, health flexible spending arrangements, and health reimbursement arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs). The bill also allows the accounts to be used for menstrual care products. NSBA supports. S. 1120 - The Small Business Regulatory Flexibility Improvements Act Bill requires federal agencies to analyze the full impact of a proposed regulation on small businesses during the rulemaking process. NSBA supports. S. 1149 - Main Street Certainty Act of 2019 Legislation to make permanent the 20-percent pass-through deduction from the Tax Cuts and Jobs Act. NSBA supports. S. 1981 - The Women and Minority Equity Investment Act of 2019 Allows women-owned federal contracting firms to take investment by women-owned equity firms and still meet the 51 percent unconditionally owned and controlled standard set by SBA to participate in the WOSB/EDWOSB program. NSBA is monitoring. S.2082 - Support Technology and Research for Our Nation's Growth and Economic Resilience Patents Act Measure would make it easier and more affordable for patent holders to enforce their patents. NSBA supports. S. 2156 - S Corporation Modernization Act Legislation that would make several pro-growth reforms to help S corporations operate more easily, which would improve their ability to raise capital. NSBA supports. S. 2189 - Veteran Small Business Export Promotion Act The Veteran Small Business Export Promotion Act would make permanent the U.S. Small Business Administrations (SBA) current policy of waiving up-front fees for veterans applying for its Export Express, Export Working Capital and International Trade loans of $150,000 or less. NSBA supports. S. 2350 - Online Sales Simplicity and Small Business Relief Act of 2019 This bill prohibits states from imposing a sales tax collection duty on a remote seller for any sale that occurred prior to June 21, 2018. A "remote seller" is a person without a physical presence in a state who makes a sale in the state. NSBA is monitoring. S. 2535 - Enhancing Entrepreneurship for the 21st Century Act This bill requires the Department of Commerce to conduct an assessment and analysis of the reasons underlying the decreasing rate of formation of new businesses (i.e., startups) in the United States. NSBA supports. S. 2543 - Prescription Drug Pricing Reduction Act of 2019 Amends titles XI, XVIII, and XIX of the Social Security Act to lower prescription drug prices in the Medicare and Medicaid programs, to improve transparency related to pharmaceutical prices and transactions, to lower patients' out-of-pocket costs, and to ensure accountability to taxpayers, and for other purposes. NSBA is monitoring. S. 2563 - ILLICIT CASH Act To improve laws relating to money laundering. NSBA opposed TITLE IV of the bill regarding beneficial ownership. S. 2733 - TRUST Act The bill establishes bipartisan commissions to make recommendations on each trust fund, and those recommendations would receive a fast-tracked vote in Congress. NSABA is monitoring. S. 3508 - Disaster Protection for Workers' Credit Act of 2020 Legislation will provide for an immediate four-month moratorium on all negative credit reporting and longer protections for people who face lasting financial hardship from the outbreak. The bill will also provide free, unlimited credit reports and credit scores for a year from the end of the crisis. Beyond this crisis, the bill extends these protections to people impacted by future major disasters. NSBA is monitoring. S. 3515 - New Business Preservation Act The New Business Preservation Act which would create a new program at the Treasury Department that will partner with states to invest in promising new businesses alongside private investors in areas of the country that do not currently attract significant equity investment in new businesses. NSBA is monitoring. S. 3518 - COVID-19 Recovery Grants for Small Businesses Act This bill requires the Small Business Administration to provide economic injury grants to certain small businesses, private nonprofit organizations, and small agricultural cooperatives that have suffered a substantial economic injury as a result of COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. S. 3519 - A bill to authorize the Administrator of the Small Business Administration to subsidize payments on loans guaranteed under the 7(a) and 504 loan programs or made using funds under the microloan program, and for other purposes. This bill requires the Small Business Administration (SBA) to pay the principal, interest, and any associated fees owed on certain loans made to small businesses for a six month period. NSBA is monitoring. S. 3524 - Coronavirus Credit Expansion Act This bill increases the maximum loan amount for a small business disaster loan made in response to COVID-19 (i.e., coronavirus disease 2019), and it requires the Small Business Administration to expedite the loan approval process for such loans. NSBA supports. S. 3531 - Small Business Relief from Communicable Disease Induced Economic Hardship Act of 2020 This bill expands the definition of a disaster for which the Small Business Administration (SBA) may provide disaster loans to small business concerns to include communicable diseases for which the government issues a travel alert or travel warning, and it authorizes the SBA to make interest free disaster loans to small businesses affected by a disaster for which the government issues a public health emergency. NSBA is monitoring. S.3541 - A bill to modify requirements relating to small business disaster loans made in response to COVID-19, and for other pu

Client expense: $24,000 · Firm income: Not reported

Government targets: Bureau of Citizenship & Immigration Services (BCIS), Centers For Medicare and Medicaid Services (CMS), Commerce, Dept of (DOC), Consumer Financial Protection Bureau (CFPB), Council of Economic Advisers (CEA), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Export-Import Bank of the United States (EXIM Bank), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), Office of Personnel Management (OPM), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

S. 309 - For the 99.9 Percent Act H.R. 521 - Permanently Repeal the Estate Tax Act of 2019 H.R. 281 / S. 215 - Death Tax Repeal Act of 2019 H.R. 651 - Charitable Giving Tax Deduction Act H.R. 216 / S. 1149 - Main Street Tax Certainty Act H.R. 748 / S. 3548 - CARES Act H.R. 266 - Paycheck Protection Program and Health Care Enhancement Act H.R 7010- Paycheck Protection Program Flexibility Act of 2020 S. 4116 - Bill to extend authority for commitments for the paycheck protection program H.R.8337 - Continuing Appropriations Act of 2021 H.R.8696 - Securing a Strong Retirement Act of 2020 S.1431 - Retirement Security and Savings Act of 2019 S. 3612 - Small Business Expense Protection Act of 2020

Client expense: $340,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Public Law 115-97 (Tax Cuts and Jobs Act), regarding implementation of provisions related to renewable energy incentives, pass-through entities, and expensing Public Law 115-97 (Tax Cuts and Jobs Act), regarding implementation of Treasury IRS regulation for pass-through entities Carbon reduction proposals Renewable energy tax incentives H.R. 2096 and S. 1142 (Energy Storage Tax Incentive and Deployment Act of 2019), all provisions H.R. 216 and S. 1149 (Main Street Tax Certainty Act), all provisions H.R. 5523 (Energy Sector Innovation Credit Act of 2019), all provisions H.R. 7330 (GREEN Act), regarding wind, solar, storage and electric vehicle incentives Treasury Guidance on Continuity Safe Harbor for wind and solar projects H.R. 133 (Consolidated Appropriations Act, 2021), energy tax package including wind, solar, storage and electric vehicle incentives; general business credits; employee retention tax credit; depreciation, interest deduction and other incentives

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

Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, Navy, Dept of, SENATE

Support efforts to ensure independent agents continue to qualify for S corporation passthrough deduction; support efforts to make pass through deduction permanent; Main Street Tax Certainty Act of 2019 (H.R. 216/S. 1149); Issues related to the Internal Revenue Service (IRS) Notice 2020-32 and Revenue Ruling 2020-27

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

Government targets: Centers For Medicare and Medicaid Services (CMS), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Risk Management Agency, SENATE, Small Business Administration (SBA), Treasury, Dept of

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748 Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 1516/S. 647, Wall Street Tax Act of 2019 H.R. 1725/S. 765, Digital Goods and Services Tax Fairness Act of 2019 H.R. 2213/S. 978, Work Opportunity Tax Credit and Jobs Act H.R. 2923/S. 1587, Inclusive Prosperity Act of 2019 H.R. 5674/S. 604, Mobile Workforce State Income Tax Simplification Act of 2019 H.R. 6201, Families First Coronavirus Response Act H.R. 6379, Take Responsibility for Workers and Families Act, including provisions relating to country-by-country tax reporting H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 S. 3995, Remote and Mobile Worker Relief Act of 2020, including provisions relating to state tax certainty for employers and employees S. 4318, American Workers, Families, and Employers Assistance Act, including provisions relating to state tax certainty for employers and employees Proposed rule regarding guidance under Section 958 (rules for determining stock ownership) and section 951A (global intangible low taxed income) (84 Fed. Reg. 29,114-29,133, June 21, 2019) Regulations on guidance related to section 951A (global intangible low-taxed income) and certain guidance related to foreign tax credits (84 Fed. Reg. 29,288-29,370, June 21, 2019) Proposed rule and guidance related to the allocation and apportionment of deductions and foreign taxes, financial services income, foreign tax redeterminations, foreign tax credit disallowance under section 965(g), and consolidated groups (84 Fed. Reg. 69,124-69,180, December 17, 2019) Proposed additional rules regarding base erosion and anti-abuse tax (84 Fed. Reg. 67,046-67,058, December 6, 2019) Proposed rule regarding certain employee remuneration in excess of $1,000,000 under Internal Revenue Code Section 162(m) (84 Fed. Reg. 70,356-70,391, December 20, 2019) Proposed rule regarding guidance involving hybrid arrangements and the allocation of deductions attributable to certain disqualified payments under section 951A (Global Intangible Low-Taxed Income) (85 Fed. Reg. 19,858-19,873, April 8, 2020) Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs; Tax Cuts and Jobs Act (PL 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; Foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; Canadian digital services tax; global anti-base erosion proposal (GloBE) under pillar two; comments on Employee Retention Tax Credit (ERTC) Frequently Asked Questions (FAQs); FAQ65; comments on Employee Retention Tax Credit (ERTC) Frequently Asked Questions (FAQs): Additional Modifications; comments on the CARES Act (P.L. 116-136) implementation letter to IRS and Treasury; general business tax credits; digital services taxes, GILTI high tax exception, Cornyn loan expense deductibility bill; tax extenders; Comments on Implementation of the Executive Order Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster; Comments on N-2020-47: Public Recommendations Invited on Items to be Included on the 2020-2021 Priority Guidance Plan; Comments on REG-104591-18: Denial of Deduction for Certain Fines, Penalties, and Other Amounts; Information with Respect to Certain Fines, Penalties, and Other Amounts; Comments on REG-112339-19 Credit for carbon oxide sequestration under section 45Q; Comments on REG-119307-19: Qualified Transportation Fringe, Transportation and Commuting Expenses under Section 274; Comments on REG-127732-19 Guidance under Section 954(b)(4) Regarding Income Subject to a High Rate of Foreign Tax; Comments on Section 461(l) - Limitations on Excess Business Losses of Noncorporate Taxpayers; Issues related to Tax Free Paycheck Protection Program Loan Forgiveness; Comments on Section 301 Investigation of Digital Service Taxes; Comments on Revenue Procedure 94-69; Paycheck Protection Program (PPP) Deductibility; Comments on REG-107911-18: Rules Concerning the Limitation on the Deduction for Business Interest Expense; Comments on REG-110059-20: Ownership Attribution Under Section 958 for Purposes of Sections 367(a) and 954(c)(6); Revenue Procedure 94-69, disclose changes in tax positions after the opening of an examination, legislative technical corrections and regulatory comments; REG-107911-18, Various Business Interest Expense Deduction Limitation Issues, legislative technical corrections and regulatory comments; REG-110059-20: Ownership Attribution Under Section 958 for Purposes of Sections 367(a) and 954(c)(6), legislative technical corrections and regulatory comments; OECD Public Consultation Document on the Reports on the Pillar One and Pillar Two Blueprints, comments and responses to questions presented by the OECD Public Consultation document; Extension of Expiring Tax Provisions and tax comments for general tax relief; general COVID relief legislation: tax comments for general COVID-19 relief

Client expense: $22,290,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

H.R. 133, Consolidated Appropriations Act, 2021, including provisions relating to COVID relief stimulus H.R. 116, Investing in Main Street Act of 2019 H.R. 128, Small Business Advocacy Improvements Act of 2019 H.R. 190, Expanding Contracting Opportunities for Small Businesses Act of 2019 H.R. 206, Encouraging Small Business Innovation Act H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 226, Clarity on Small Business Participation in Category Management Act of 2019 H.R. 227, Incentivizing Fairness in Subcontracting Act H.R. 246, Stimulating Innovation through Procurement Act of 2019 H.R. 748/S.3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 2603, Northern Mariana Islands Small Business Act H.R. 6074, Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 H.R. 6201, Families First Coronavirus Response Act H.R. 6821/S. 3162, Small Business Expense Protection Act of 2020 H.R. 6886, Paycheck Protection Program Flexibility Act of 2020 H.R. 7777/S. 4117, Paycheck Protection Small Business Forgiveness Act H.R. 7894, Paycheck Protection Program Small Business Enhancement Act S. 178, UIGHUR Act of 2019, including provisions relating to substitute amendment regarding COVID-19 relief package S. 2535, Enhancing Entrepreneurship for the 21st Century Act S. 3612, Small Business Expense Protection Act of 2020 S. 3742, Recharge and Empower Local Innovation and Entrepreneurs Fund for Main Street (RELIEF) for Main Street Act S. 4321, Continuing Small Business Recovery and Paycheck Protection Program Act S. 4873, Reaching America's Rural Minority Businesses Act of 2020 Potential legislation providing targeted and temporary relief for small businesses in need of federal assistance to survive the COVID-19 pandemic Nomination of Jovita Carranza to be Administrator of the Small Business Administration Proposed rule on small business size standards: calculation of annual average receipts (84 Fed. Reg. 29,399-29,413, June 24, 2019) Various issues relating separation of the Small Business Administration 7(a) loan program and PPP commitments; administrative and legislative corrections to the Paycheck Protection Program (PPP); potential Paycheck Protection Program (PPP) loan necessity questionnaire; Paycheck Protection Program (PPP) loan forgiveness; weekly $600 Unemployment Insurance benefit, and expiration thereof

Client expense: $22,290,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

S. 172/H.R. 1398, Health Insurance Tax Relief Act of 2019; S. 215/H.R. 218, Death Tax Repeal Act of 2019; S. 1089/ H.R. 1922, Restoring Access to Medication Act of 2019; Final rule on Qualified Business Income Deduction; S. 1149/H.R. 216, the Main Street Tax Certainty Act of 2019; H.R. 6776, the Jumpstarting Our Businesses Success (JOBS) Credit Act; H.R. 6821 / S. 3612, the Small Business Expense Protection Act; H.R. 7079, the Clean Start: Back to Work Tax Credit Act

Client expense: $330,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Defense, Dept of (DOD), Drug Enforcement Administration (DEA), Food & Drug Administration (FDA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Medicare Payment Advisory Commission (MedPAC), Office of Management & Budget (OMB), Office of Natl Drug Control Policy (NDCP), SENATE, Small Business Administration (SBA), Substance Abuse & Mental Health Services Administration (SAMHSA), White House Office

Support the Main Street Certainty Act (HR 216 / S. 1149) Support the "Restoring Investment in Improvements Act" (HR 1869 / S.803). COVID-19 related tax relief for agribusinesses.

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

Government targets: Agriculture, Dept of (USDA), Environmental Protection Agency (EPA), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Pipeline & Hazardous Materials Safety Administration, SENATE, Small Business Administration (SBA), Surface Transportation Board (STB), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Highway Trust Fund Solvency including federal user fees; Financial Accounting Standards Board issues; Repeal of health insurance tax; POC method accounting; Energy Efficiency Tax Incentives Act (179D);Sustainable Water Infrastructure Act; Private Activity Bond CAP Increase for Qualified Highway and Freight Facilities; Lookback Accounting; Estate Tax; Pass-through business taxation; Implementation of 199A; Cash accounting; State and Local Tax Deduction (SALT); Net operating losses (NOLs); Municipal bonds depreciation; Advance Refunding of Municipal Bonds; Limitation on net interest expense, 163(j); Main Street Tax Certainty Act, (H.R. 216/S.1149); Opportunity Zones; Death Tax Repeal Act (H.R. 218/ S.215); Move America Act (S. 146/ H.R. 1508); Public Building Renewal Act (H.R. 1251/ S. 932); Build Act (S. 352/H.R.2541); Rapid Act (S. 353/H.R.2475; Infrastructure Package; Foreign Investment in Real Property Tax Act; Work Opportunity Tax Credit (WOTC); H.R.3301- the Taxpayer Certainty and Disaster Tax Relief Act of 2019; New Market Tax Credits (NMTC); Infrastructure funding and financing; H.R. 6201- Families First Coronavirus Response Act; H.R. 748- the CARES Act; Section 461(l) loss limitation; Mandatory paid leave refundable tax credits; Payroll tax deferral; Delay in tax filing deadline; H.R. 2, the INVEST in America Act; Moving Forward Act; H.R. 6821 / S. 3612, Small Business Expense Protection Act; PPP loan forgiveness deductibility; H.R. 6776, JOBS Credit Act; Moving Forward Act; Paycheck Protection Program Flexibility Act; HEALS ACT and several of its corresponding bills, including the Continuing Small Business Recovery and Paycheck Protection Program Act (S. 4321) and Time to Rescue United States Trusts Act or the TRUST Act (S. 2733); H.R. 6800 - HEROES Act; H.R. 925 - Revised Heroes Act; House Amendment to S. 178 with Amendment No. 2652 - Delivering Immediate Relief to America's Families, Schools and Small Businesses Act; H.R. 6754, Protecting the Paycheck Protection Program Act of 2020; Employee Retention Tax Credit; H.R. 133, Consolidated Appropriations Act; H.R. 8930, the Energy Efficient Qualified Improvement Property (E-QUIP) Act;

Client expense: $261,446 · Firm income: Not reported

Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Federal Highway Administration (FHA), Federal Motor Carrier Safety Administration, Federal Transit Administration (FTA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 748, the Coronavirus Aid, Relief, and Economic Security (CARES) Act - Public Law No: 116-136 General Tax reform; General beneficial ownership issues; H.R. 216 and S. 1149, Main Street Tax Certainty Act; H.R. 3316 and S. 4073, Neighborhood Homes Investment Act; Issues related to tax filing and payment deadline extension H.R. 600 - Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act Health, Economic Assistance, Liability Protection and Schools (HEALS) Act Delivering Immediate Relief to America's Families, Schools and Small Business Act (Senate Amendment No. 2652 to the House Amendment S. 178)

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

Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE

Tax Reform HR188 - SALT Deductibility Act HR216 - Main Street Tax Certainty Act HR257 - SALT Fairness Act of 2019 HR515 - State And Local Tax Deduction Fairness Act of 2019 HR1142 - SALT Act HR1757 - To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes. HR1865 - Further Consolidated Appropriations Act, 2020 HR1869 - Restoring Investment in Improvements Act HR2624 - SALT Relief and Marriage Penalty Elimination Act of 2019 HR2894 - Save the State and Local Tax Deduction for Middle Class Families Act of 2019 HR4274 - Cutting Local Taxes by Reinstating SALT Act HR5377 - Restoring Tax Fairness for States and Localities Act S437 - SALT Act S803 - Restoring Investment in Improvements Act S1149 - A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income. New Energy Efficient Home Credit Letter to House Ways & Means in support of renewing the New Energy Efficient Home Credit Mortgage Debt Relief HR285 - Mortgage Debt Tax Forgiveness Act of 2018 HR1977 - Mortgage Forgiveness Tax Relief Act of 2019 Letter to full House in support of extending the exclusion for cancellation of mortgage debt on a principal residence Communications with Senate Finance Committee Taskforce on Mortgage Debt Forgiveness. Communications with the House and Senate regarding the Mortgage Debt Forgiveness exclusion. Carried Interest HR1735 - Carried Interest Fairness Act of 2019 S781 - Carried Interest Fairness Act of 2019 Tax Extenders HR133 - Consolidated Appropriations Act, 2021 HR1865 - Further Consolidated Appropriations Act, 2020 HR3301 - Taxpayer Certainty and Disaster Tax Relief Act of 2019 S617 - Tax Extender and Disaster Relief Act of 2019 Communications with the House and Senate on tax extenders and expiring tax provisions. Exclusion for Employer-Paid Student Debt HR1043 - Employer Participation in Repayment Act S460 - Employer Participation in Repayment Act of 2019 FIRPTA Repeal HR2210 - Invest in America Act Low Income Housing Tax Credit HR133 - Consolidated Appropriations Act, 2021 HR3077 - Affordable Housing Credit Improvement Act of 2019 S1703 - Affordable Housing Credit Improvement Act of 2019 Employee Retention Tax Credit HR133 - Consolidated Appropriations Act, 2021 Tax credit for refurbishing homes in troubled neighborhoods HR3316 - Neighborhood Home Investment Act Qualified Opportunity Zones S1344 - A bill to require the Secretary of the Treasury to collect data and issue a report on the opportunity zone tax incentives enacted by the 2017 tax reform legislation, and for other purposes. HR2593 - To require the Secretary of the Treasury to collect data and issue a report on the opportunity zone tax incentives enacted by the 2017 tax reform legislation, and for other purposes. Discussions with the House and Senate regarding the Qualified Opportunity Zone program rulemaking. Alternative Depreciation Systems S2984 - Multifamily Depreciation Parity Act of 2019 Communications with the Senate Finance Committee and the House Ways & Means Committee regarding alternative depreciation systems. 529 Account Use for Professional Certifications HR5339 - Freedom To Invest in Tomorrow's Workforce Act Section 1031 Like-Kind Exchanges HR2309 - Real Estate Exchange Fairness Act COVID-19 Relief HR133 - Consolidated Appropriations Act, 2021 HR748 - CARES Act HR6201 - Families First Coronavirus Response Act HR6776 - JOBS Credit Act of 2020 HR6800 - HEROES Act S__ - HEALS Act Communications with Congress regarding tax deductibility for certain business expenses paid for with PPP loans, support for tax extenders and the 179D Energy Efficient Commercial Buildings Deduction, and COVID-19 priorities. Communications with the Internal Revenue Service (IRS) regarding the tax deductibility of certain business expenses paid for with PPP loans and COVID-19 relief priorities. Communications with the Department of Labor (DOL) regarding the overtime rule, independent contractor status/proposals. Communications with the White House regarding the Qualified Opportunity Zones.

Client expense: $25,150,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Federal Emergency Management Agency (FEMA), Federal Housing Finance Agency (FHFA), Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), SENATE, Small Business Administration (SBA), Treasury, Dept of, Veterans Affairs, Dept of (VA), White House Office

General Tax reform; general beneficial ownership issues; H.R. 216 and S. 1149, Main Street Tax Certainty Act; H.R. 3316 and S. 4073, Neighborhood Homes Investment Act; HR 2513/ S. 1978, Corporate Transparency Act; S. 2563, ILLICIT CASH Act; S. 1889 TITLE Act; HR 2500 and S. 4049, NDAA

Client expense: $190,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Consumer Financial Protection Bureau (CFPB), Federal Communications Commission (FCC), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of, Veterans Affairs, Dept of (VA), White House Office

Michigan Farm Bureau supports S. 1149 and H.R. 216, the Main Street Tax Certainty Act to make deduction for small business income permanent (Sec. 199A). Failure to extend this provision will result in a tax increase for farmers and leave them without ways to deal with the cyclical and unpredictable nature of their businesses. 199A allows a small business that operates as a sole proprietorship, partnership or S -Corp to take a tax deduction of up to 20 percent of qualified business income. Farm Bureau supports H.R. 5259, the Preserving Family Farms Act to allow $11.4 million of farmland or ranchland to be valued at agricultural value rather than developed value under section 2032A Special Use Valuation. This is especially important at the time of the death of a family member. The Tax Cuts and Jobs Act doubled the estate tax level up to $11 million through 2025, but not permanently. Section 2032A special use valuation is one tool available to help family business owners manage their estate tax liability. Farm Bureau advocated for a change to IRS rules so that farmers can claim a tax deduction for expenses incurred while operating their businesses using funds from the Paycheck Protection Program (PPP). This increased and unexpected tax bill will come when farm businesses continue to struggle with pandemic-induced financial uncertainty and economic stress. Legislation supported included: S. 3612, the Small Business Expense Protection Act, and HR 6821, the Small Business Expense Protection Act of 2020. Farm Bureau advocated for extension of expiring tax provisions during the lame-duck session including: tax credits for second-generation biofuel producers, tax incentives for craft breweries, wineries, and distilleries, tax credits for alternative fuel and alternative fuel mixtures, and tax credits for alternative fuel vehicle refueling property.

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

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA), White House Office

House H.R. 2513, the Corporate Transparency Act of 2019 - oppose. H.R. 218, the Death Tax Repeal Act - support. H.R. 216, the Main Street Tax Certainty Act - support. H.R. 2474, the PRO Act - oppose. H.R. 1511, the Stop Underrides Act - oppose. H.R. 3773, the Safe Roads Act - oppose. H.R. 3781, the INSURANCE Act - oppose. S. 3458, the Coronavirus Aid, Relief, and Economic Security (CARES) Act - support. H.R. 5259, the Preserving Family Farms Act of 2019 - support. H.R. 6776, the JOBS Credit Act of 2020 - support. H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 - support. H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act - support. H. Res. 1053, the Rule for H.R. 6395, the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 - oppose. H.R. 8038, the Pandemic Preparedness, Response, and Recovery Act of 2020 - support. H.R. 8265 - support. H.R. 7332, the Unfunded Mandates Accountability and Transparency Act. - support. H.R. 7922, the Pandemic Regulatory Cost Relief Act of 2020 - support. H.R. 7923, the Pandemic Recovery Enforcement Flexibility Act of 2020 - support. H.R. 7777, the Paycheck Protection Small Business Forgiveness Act - support. H.R. 133, the Consolidated Appropriations Act 2021 - support. H.R. 6821, Small Business Expense Protection Act of 2020 - support. H.R. 6884, FIRST Act - support. Senate S. 215, the Death Tax Repeal Act - support. S. 1120, the Small Business Regulatory Flexibility Improvements Act - support. S. 1149, the Main Street Tax Certainty Act - support. S. 1889, the True Incorporation Transparency for Law Enforcement (TITLE) Act - oppose. S. 2563, the ILLICIT CASH Act - oppose. S. 1978, the Corporate Transparency Act of 2019 - oppose. S. 665, the Stop Underrides Act - oppose. S. 2033, the Cullum Owings Large Truck Safe Operating Speed Act of 2019 - oppose. S. 3458, the Coronavirus Aid, Relief, and Economic Security (CARES) Act - support. Murray/Gillibrand amendment to H.R. 6201, the Families First Coronavirus Response Act - oppose. S. 2757, the Harmless Error Lesser Penalty for Small Businesses Act, also known as the HELP for Small Businesses Act - support. S. 3833, the Paycheck Protection Program Extension Act - support. S. 3612, the Small Business Expense Protection Act of 2020 - support. Amendment SA 2508, Continuing the Paycheck Protection Program Act, which modifies S. 4321, the Continuing Small Business Recovery and Paycheck Protection Program Act - support. S. 4117, the Paycheck Protection Small Business Forgiveness Act - support. S. 178, the Delivering Immediate Relief to Americas Families, Schools, and Small Businesses Act - support. S. 4708, the Pandemic Preparedness, Response, and Recovery Act of 2020 - support. S. 4321, the Continuing Small Business Recovery and Paycheck Protection Program (CSBRPPP) Act - support. Title LIV of S. 4049, Establishing Beneficial Ownership Information Reporting Requirements - oppose. S. 4317, the SAFE TO WORK Act - support. H.R. 133, the Consolidated Appropriations Act 2021 - support. S. 4268, Employer Assistance Coordination Act - support. Inclusion of Title LXIV, Establishing Beneficial Ownership Information Reporting Requirements in the Conference Report to accompany H.R. 6395, the William M. Mac Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021 - oppose. Testimony NFIB Statement for the Record, Senate Small Business Committee Hearing on Small Business in Crisis, the 2020 Paycheck Protection Program and its future. December 10, 2020. Comments Small Business Administration (SBA) Notice Titled Reporting and Recordkeeping Requirements Under OMB Review, OMB Control No. 3245-0407 (Nov. 30, 2020), 85 Fed. Reg. 67809 (October 26, 2020). SBA and Treasury Notice Titled Business Loan Program Temporary Changes; Paycheck Protection Program-Additional Revisions to Loan Forgiveness and Loan Review Procedures Interim Final Rules, Treasury RIN 1505-AC71, SBA Docket SBA-2020-0052, 85 Fed. Reg. 66214 (October 19, 2020). Other Issues Main Street Lending Program Paycheck Protection Program Economic Injury Disaster Loans Paid Leave mandates OSHA, Emergency Temporary Standard - oppose COVID-19 pandemic liability protections New loan necessity forms

Client expense: $840,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), Treasury, Dept of

Support Biodiesel and Renewable Diesel Tax Credit Support Cash Accounting Support Renewable Energy Tax Credits-wind, solar Biogas Short Line Railroad Maintenance Credit (S.407 and H.R.721: Building Rail Access for Customers and the Economy Act or BRACE Act) Support Like Kind Exchange (Section 1031) Support Reduced Capital Gains Taxes Support Estate Tax Repeal Reform, HR. 218, S 215, HR 5259 Marketplace Fairness Act (S976) and Remote Transactions Party Act (H.R.2193) Cost Recovery and Depreciation Issues Jobs and Premium Protection Act, H.R. 246 to repeal the annual fee on health insurance providers enacted by the Patient Protection and Affordable Care Act Repeal Health Insurance Tax Extend Bonus Depreciation Taxes Paid by Cooperatives - HR 2147 and S1032 Unrelated Business Income Taxes Tax credits for Ag Students - HR 1770 Business Income Deduction (Sect 199) - HR 216-S1149 Craft Beverage Modernization Act S362 and HR1175 Taxation of Mutual Irrigation Companies - HR807 and S361 S.2542, Agriculture Environmental Stewardship Act of 2019 HR3744, Agriculture Environmental Stewardship Act of 2019 S.2289, Renewable Energy Extension Act of 2019 HR3961, Renewable Energy Extension Act of 2019 S.3548, CARES Act HR 6821/S 3612 Small Business Expense Protection Act Employee Retention Tax Credit -- HR 6776 Jobs Credit Act of 2020

Client expense: $571,610 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Oceanic & Atmospheric Administration (NOAA), Occupational Safety & Health Administration (OSHA), Pipeline & Hazardous Materials Safety Administration, SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Fish & Wildlife Service (USFWS), U.S. Forest Service, U.S. Trade Representative (USTR), White House Office

Support for S.1149, the Main Street Tax Certainty Act, to make the Section 199A qualified business deduction permanent; Support for H.R. 218 Death Tax Repeal Act; Support for cash accounting with IRS and concerns about changes to definition of farming syndicate.

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

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commodity Futures Trading Commission (CFTC), Environmental Protection Agency (EPA), Federal Energy Regulatory Commission (FERC), Federal Motor Carrier Safety Administration, Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office

Issues related to tax relief for food and beverage industry and unmerchantable inventory due to Covid-19. H.R. 748, The Coronavirus Aid, Relief, and Economic Security Act: Issues related to delayed filing of taxes, restoring the ability of businesses to carry back any net operating losses against previous year tax payments, suspending the application of the Section 163(j) limitation on interest expense deductions for tax year 2020, payroll tax relief, employee retention credit, and multi-employer pension plan tax reform. Issues relating to LIFO accounting. S. 215/H.R. 218: Death Tax Repeal Act of 2019. Issues relating to permanent estate tax relief. H.R. 216/S. 1149 Main Street Tax Certainty Act. Issues relating to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; and bonus depreciation allowances. S.362/H.R.1175:Craft Beverage Modernization and Tax Reform Act of 2019. Issues related to H.R.5377RestoringTaxFairnessforStatesandLocalitiesAct. Issues related to Section 166 of the tax code related to how "bad debts" are addressed during the COVID-19 pandemic. H.R. 6776, the JOBS Credit Act of 2020. H.R. 6821/S. 3612 Small Business Expense Protection Act of 2020; issues related to the ability of businesses to deduct normal and allowable business expenses paid for with PPP loans. Issues related to suspending the Federal Excise Tax on large trucks. Issues related to tax credits for businesses for the purchase of PPE for the workplace in response to COVID-19. Issues related to the acceleration of the drawback of federal excise taxes paid on beer that must be destroyed due to the COVID-19 pandemic. H.R. 133: The Consolidated Appropriations Act of 2021, Subtitle B: Section 276; Title I: Section 106; Title II, Sections 210, 303

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

Government targets: Agriculture, Dept of (USDA), Alcohol & Tobacco Tax & Trade Bureau (TTB), Centers For Disease Control & Prevention (CDC), Commerce, Dept of (DOC), Federal Motor Carrier Safety Administration, Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Institute on Alcohol Abuse & Alcoholism (NIAA), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 6201, Families First Coronavirus Response Act H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs Business interest deduction Estate tax General business tax credits R&D tax credit Tax reform implementation

Client expense: Not reported · Firm income: $683,325

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, U.S. Trade Representative (USTR), White House Office

CIRT supports (H.R. 216) S-Corporation tax parity, esp. with regard to the 20% pass-through. CIRT supports (H.R.216) and (S.1149) S-Corporation tax parity, especially with regard to the 20% pass-through. CIRT supports passage of business related COVID-19 emergency package, particularly as to tax changes necessary for economic recovery. CIRT supports enactment of temporary protections from COVID-19 related liability lawsuits against employers, etc. CIRT endorses key changes to the PPP rules to provide more flexibility and clarity for borrowers. CIRT urged CARES Act revisions to explicitly waive IRC Section 265 from applying to PPP loan forgiveness. CIRT strongly favors additional funding for the Paycheck Protection Program for vital loans to businesses. CIRT, with business coalition expressed concerns regarding new review process for "Loan Necessity Questionnaires" related to PPP loans.

Client expense: $80,500 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Council on Environmental Quality (CEQ), Environmental Protection Agency (EPA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office

Tax Reform (generally) Implementation of Section 199 for the IRS Code, as amended by Public Law 115-97 HR 216/S 1149- Main Street Tax Certainty Act HR 748/S 684- Cadillac Tax Repeal A technical correction addressing the tax treatment of loan forgiveness under the PPP

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

Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Highway Administration (FHA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Small Business Administration (SBA), Treasury, Dept of

H.R. 116, Investing in Main Street Act of 2019 H.R. 128, Small Business Advocacy Improvements Act of 2019 H.R. 190, Expanding Contracting Opportunities for Small Businesses Act of 2019 H.R. 206, Encouraging Small Business Innovation Act H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 226, Clarity on Small Business Participation in Category Management Act of 2019 H.R. 227, Incentivizing Fairness in Subcontracting Act H.R. 246, Stimulating Innovation through Procurement Act of 2019 H.R. 748/S.3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 2603, Northern Mariana Islands Small Business Act H.R. 6074, Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 H.R. 6201, Families First Coronavirus Response Act H.R. 6886, Paycheck Protection Program Flexibility Act of 2020 H.R. 7777/S. 4117, Paycheck Protection Small Business Forgiveness Act H.R. 7894, Paycheck Protection Program Small Business Enhancement Act S. 178, UIGHUR Act of 2019, including provisions relating to substitute amendment regarding COVID-19 relief package S. 2535, Enhancing Entrepreneurship for the 21st Century Act S. 3612, Small Business Expense Protection Act of 2020 S. 3742, Recharge and Empower Local Innovation and Entrepreneurs Fund for Main Street (RELIEF) for Main Street Act Potential legislation providing targeted and temporary relief for small businesses in need of federal assistance to survive the COVID-19 pandemic Draft legislation titled Continuing Small Business Recovery and Paycheck Protection Program (CSBRPPP) Act Nomination of Jovita Carranza to be Administrator of the Small Business Administration Proposed rule on small business size standards: calculation of annual average receipts (84 Fed. Reg. 29,399-29,413, June 24, 2019) Various issues relating separation of the Small Business Administration 7(a) loan program and PPP commitments; administrative and legislative corrections to the Paycheck Protection Program (PPP); weekly $600 Unemployment Insurance benefit, and expiration thereof

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

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Bureau of Reclamation, Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Motor Carrier Safety Administration, Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

H.R. 216/S. 1149, Main Street Tax Certainty Act H.R. 218/S. 215, Death Tax Repeal Act H.R. 748/S. 3548, Coronavirus Aid, Relief, and Economic Security (CARES) Act H.R. 1516/S. 647, Wall Street Tax Act of 2019 H.R. 1725/S. 765, Digital Goods and Services Tax Fairness Act of 2019 H.R. 2213/S. 978, Work Opportunity Tax Credit and Jobs Act H.R. 2923/S. 1587, Inclusive Prosperity Act of 2019 H.R. 4805, Access Business Credit Act of 2019 H.R. 5674/S. 604, Mobile Workforce State Income Tax Simplification Act of 2019 H.R. 6201, Families First Coronavirus Response Act H.R. 6379, Take Responsibility for Workers and Families Act, including provisions relating to country-by-country tax reporting H.R. 6800, Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act S. 3612, Small Business Expense Protection Act of 2020 S. 3995, Remote and Mobile Worker Relief Act of 2020, including provisions relating to state tax certainty for employers and employees S. 4318, American Workers, Families, and Employers Assistance Act, including provisions relating to state tax certainty for employers and employees Proposed rule regarding guidance under Section 958 (rules for determining stock ownership) and section 951A (global intangible low taxed income) (84 Fed. Reg. 29,114-29,133, June 21, 2019) Regulations on guidance related to section 951A (global intangible low-taxed income) and certain guidance related to foreign tax credits (84 Fed. Reg. 29,288-29,370, June 21, 2019) Proposed rule and guidance related to the allocation and apportionment of deductions and foreign taxes, financial services income, foreign tax redeterminations, foreign tax credit disallowance under section 965(g), and consolidated groups (84 Fed. Reg. 69,124-69,180, December 17, 2019) Proposed additional rules regarding base erosion and anti-abuse tax (84 Fed. Reg. 67,046-67,058, December 6, 2019) Proposed rule regarding certain employee remuneration in excess of $1,000,000 under Internal Revenue Code Section 162(m) (84 Fed. Reg. 70,356-70,391, December 20, 2019 Proposed rule regarding guidance involving hybrid arrangements and the allocation of deductions attributable to certain disqualified payments under section 951A (Global Intangible Low-Taxed Income) (85 Fed. Reg. 19,858-19,873, April 8, 2020) Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs; Tax Cuts and Jobs Act (PL 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; Foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; Canadian digital services tax; global anti-base erosion proposal (GloBE) under pillar two; comments on Employee Retention Tax Credit (ERTC) Frequently Asked Questions (FAQs): FAQ65; comments on Employee Retention Tax Credit (ERTC) Frequently Asked Questions (FAQs): Additional Modifications; comments on the CARES Act (P.L. 116-136) implementation letter to IRS and Treasury; general business tax credits; digital services taxes, GILTI high tax exception, Cornyn loan expense deductibility bill; tax extenders; Comments on Implementation of the Executive Order Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster; Comments on REG-104591-18: Denial of Deduction for Certain Fines, Penalties, and Other Amounts; Information with Respect to Certain Fines, Penalties, and Other Amounts; Comments on Section 461(l) - Limitations on Excess Business Losses of Noncorporate Taxpayers Issues related to Tax Free Paycheck Protection Program Loan Forgiveness; Comments on Section 301 Investigation of Digital Service Taxes; Public Comment to IRS on Notice 2020-42, Remote Notarization; REG-104591-18: Denial of Deduction for Certain Fines, Penalties, and Other Amounts; Information with Respect to Certain Fines, Penalties, and Other Amounts, legislative technical corrections and regulatory comments; N-2020-47: Public Recommendations Invited on Items to be Included on the 2020-2021 Priority Guidance Plan, legislative technical corrections and regulatory comments; REG-112339-19: Credit for Carbon Oxide Sequestration Under Section 45Q, legislative technical corrections and regulatory comments; REG-119307-19: Qualified Transportation Fringe, Transportation and Commuting Expenses under Section 274, legislative technical corrections and regulatory comments; REG-127732-19: Guidance under Section 954(b)(4) Regarding Income Subject to a High Rate of Foreign Tax, legislative technical corrections and regulatory comments; Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, comments and request for additional guidance from the Department of Treasury; general COVID relief legislation: tax comments for general COVID-19 relief

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

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Bureau of Reclamation, Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Motor Carrier Safety Administration, Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office

LIFO, 199-A Permanency for pass through businesses-H.R.216, S.1149; estate tax permanence-H.R.218, S.215; H.R.5377 Restoring Tax Fairness for States and Localities Act;COVID-19 Relief; Meals Deduction

Client expense: $310,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Support H.R. 218/ S. 215, the Death Tax Repeal Act Monitor tax reform implementation Support H.R. 216/ S. 1149, the Main Street Tax Certainty Act of 2019 Support H.R. 1251/ S.932, the Public Buildings Renewal Act of 2019 Monitor tax extender legislation Monitor S. 1288, the Clean Energy for America Act Support H.R. 3462/ S. 1958, the SHELTER Act Support S. 379/ H.R. 5339, the Freedom to Invest in Tomorrow's Workforce Act Support S. 2156, the S Corporation Modernization Act of 2019 Monitor implementation of H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act Support H.R. 6697, the Local Chamber, Tourism, and 501(c)(6) Protection Act of 2020 Support increase in funding for the Paycheck Protection Program Support H.R. 6821/S.3612, the Small Business Expense Protection Act Monitor implementation of the Paycheck Protection Program Monitor implementation of the Main Street Lending Program Monitor H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act Monitor S. 4775, the Delivering Immediate Relief to Americas Families, Schools and Small Businesses Act Monitor H.R. 7894, the Paycheck Protection Program Small Business Enhancement Act Support the extension of the Solar Investment Tax Credit Support S. 3779/H.R. 7032, the Skills Renewal Act Support increase and extension of Section 25C residential energy efficiency tax credit Support the development of the home improvement and commercial infrastructure tax credit proposal Monitor H.R. 7979, the Disaster Savings and Resilient Construction Act of 2020

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

Government targets: Commerce, Dept of (DOC), Equal Employment Opportunity Commission (EEOC), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE, Small Business Administration (SBA), Treasury, Dept of

Coronavirus Recovery Relief: - Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic. These suspended taxes should include taxes owed for the 2019 Tax Year, estimated payments for 2020, and all payroll tax obligations. - Amend the Tax Code to restore the ability of businesses to carryback any net operating losses against previous year tax payments; suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; and suspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year. - Technical correction addressing the tax treatment of loan forgiveness under the Paycheck Protection Program (PPP). - Expand eligibility for the proposed PPP second draw to a greater share of struggling small businesses by lowering the gross revenue reduction requirement from 50 percent. - Continuing the Paycheck Protection Program Act (S. 4773) - establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19. Main Street Tax Certainty Act (H.R. 216/S. 1149): Support bill to make permanent a 20 percent deduction for pass-through income in the Tax Cuts and Jobs Act which expires in 2025. Death Tax Repeal Act of 2019 (H.R. 218/S. 215)

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

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

H.R. 3 - Lower Drug Costs Now Act of 2019 This bill establishes several programs and requirements relating to the prices of prescription drugs. NSBA is monitoring. H.R. 25 - The Fair Tax Act To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the states. NSBA supports H.R. 116 - Investing in Main Street Act The bill amends the Small Business Investment Act of 1958 to increase from 5 percent to 15 percent of its capital and surplus, the amount a national bank, a member bank of the Federal Reserve System, a nonmember insured bank (to the extent permitted under applicable state law), or a federal savings association may invest in one or more small business investment companies (SBICs), or in any entity established to invest solely in SBICs. NSBA is monitoring. H.R. 128 - Small Business Advocacy Improvements Act H.R. 128 allows the SBA Office of Advocacy to examine the role of small business in international economies and to represent small business views before foreign governments and international entities. NSBA is monitoring. H.R. 190 - Expanding Contracting Opportunities for Small Business Act H.R. 190 raises the dollar amount of sole-source awards so that they are closer in line with the size of current contracts being awarded in the procurement landscape. NSBA supports. H.R. 206 - Encouraging Small Business Innovators Act H.R. 206 makes a series of changes to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, making them easier for small firms to use. NSBA supports. H.R. 216 - Main Street Certainty Act of 2019 Legislation to make permanent the 20-percent pass-through deduction from the Tax Cuts and Jobs Act. NSBA supports. H.R. 218 - The Death Tax Repeal Act This bill repeals the federal estate, gift, and generation-skipping transfer taxes. NSBA supports. H.R. 222 - Death Tax Repeal Act of 2019 This bill repeals the federal estate, gift, and generation-skipping transfer taxes. NSBA supports. H.R. 226 - Clarity on Small Business Participation in Category Management Act H.R. 226 requires the SBA to report federal spending made through designated best-in-class vehicles, and to report on the dollars spent through these vehicles awarded to small businesses. NSBA supports. H.R. 227 - Incentivizing Fairness in Subcontracting Act Bill allows large prime contractors to take credit for subcontracting to small businesses at lower tiers, provided that prime contractors keep records substantiating subcontracting credit claimed at lower tiers, and creates a new dispute process for small subcontractors to bring non-payment issues to the agencys small business advocate (Offices of Small and Disadvantaged Business Utilization). NSBA supports. H.R. 246 - Stimulating Innovation through Procurement Act The bill requires SBA to coordinate with the senior procurement executives of federal agencies participating in a Small Business Innovation Research (SBIR) Program or a Small Business Technology Transfer (STTR) Program to assist small businesses participating in such programs with commercializing research. NSBA supports. H.R. 275 - Medicare Prescription Drug Price Negotiation Act of 2019 Bill requires the federal government to negotiate lower drug prices for seniors enrolled in the Medicare Part D program. NSBA is monitoring. H.R. 448 - The Medicare Drug Price Negotiation Act Bill makes a series of changes relating to the prices of prescription drugs under the Medicare prescription drug benefit and Medicare Advantage (MA) prescription drug plans (PDPs). NSBA is monitoring. H.R. 582 - The Raise the Wage Act This bill amends the Fair Labor Standards Act of 1938 to increase the federal minimum wage for regular employees over a 7-year period, for tipped employees, and for newly hired employees who are less than 20 years old. NSBA opposes. H.R. 593 - Small Business Owners' Tax Simplification Act of 2019 H.R. 593 introduces a number of provisions to benefit small businesses, such as aligning estimated payment deadlines and tax filing thresholds, as well as tackling inconsistencies in reporting requirements. NSBA supports. H.R. 1046 - The Medicare Negotiation and Competitive Licensing Act of 2019 Bill would authorize the Secretary of Health and Human Services (HHS) to negotiate drug prices and, if drug companies refuse to negotiate in good faith, it would enable the Secretary to issue a competitive license to another company to produce the medication as a generic. NSBA is monitoring. H.R. 1084 - Family Savings Act of 2019 It includes a variety of provisions aimed at making it easier for smaller businesses to offer tax-qualified retirement savings plans to their employees, encouraging individuals to participate in retirement plans, and promoting savings for nonretirement expenses. NSBA is monitoring. H.R. 1185 - The Family and Medical Insurance Leave (FAMILY) Act Legislation which provide workers with up to 12 weeks of partial income while taking family leave. NSBA opposes. H.R.1384 - Medicare for All Act of 2019 H.R. 1384 would create a single-payer, government-funded health care program within two years, eliminating the age 65 threshold for Medicare eligibility. NSBA is monitoring. H.R. 1420 - Energy Efficient Government Technology Act This bill sets forth requirements with respect to increasing the energy efficiency of information technologies and data centers within the federal government. NSBA is monitoring. H.R. 1534 - Federal Employee Paid Leave Act of 2019 Bill would provide federal employees with 12 weeks paid leave for all instances covered by FMLA. NSBA opposes. H.R. 1644 - Save the Internet Act of 2019 Bill would restore net neutrality rules recently repealed by the Federal Communications Commission (FCC). NSBA supports. H.R. 1648 - Small Business Advanced Cybersecurity Enhancements Act of 2019 Amends the Small Business Act to provide for the establishment of an enhanced cybersecurity assistance and protections for small businesses. NSBA supports. H.R. 1649 - Small Business Development Center Cyber Training Act This bill amends the Small Business Act to require the Small Business Administration to establish a program for certifying employees of small business development centers to provide cybersecurity planning assistance to small businesses. NSBA supports. H.R. 1760 - Advanced Nuclear Fuel Availability Act This bill directs the Office of Nuclear Energy in the Department of Energy to develop and deploy high-assay low-enriched uranium for domestic commercial use and to develop a schedule for recovering costs associated with such development. NSBA is monitoring. H.R. 1768 - Diesel Emissions Reduction Act of 2019 This bill reauthorizes through FY2024 a diesel emissions reduction program under which the Environmental Protection Agency provides grants, rebates, or loans for replacing diesel engines or retrofitting the engines with pollution control technologies. NSBA is monitoring. H.R. 1784 - Healthy Families Act Legislation that would allow workers to annually accrue up 56 hours of paid sick leave or seven days of paid sick leave each year. NSBA opposes. H.R. 1909 - The HALOS Act This bill directs the Securities and Exchange Commission (SEC) to revise Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. NSBA supports. H.R. 1922 - Restoring Access to Medication Act of 2019 This bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, health flexible spending arrangements, and health reimbursement arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs). The bill also allows the accounts to be used for menstrual care products. NSBA supports. H.R. 1927 - Separation of Powers Restoration Act of 2019 This bill modifies the scope of judicial review of agency actions to authorize courts reviewing agency actions to decide de novo (without giving deference to the agency's interpretation) all relevant questions of law, including the interpretation of: (1) constitutional and statutory provisions, and (2) rules made by agencies. NSBA supports. H.R. 1933 - Online Sales Simplicity and Small Business Relief Act of 2019 This bill prohibits states from imposing a sales tax collection duty on certain remote sellers. A "remote seller" is a person without a physical presence in a state who makes a sale in the state. NSBA is monitoring. H.R. 2114 - Enhancing State Energy Security Planning and Emergency Preparedness Act of 2019 The bill authorizes the Department of Energy (DOE) to provide financial assistance to states for the implementation, review, and revision of a state energy security plan that assesses the state's existing circumstances and proposes methods to strengthen the ability of the state to have a reliable, secure, and resilient energy infrastructure. NSBA is monitoring. H.R. 2331 - The SBA Cyber Awareness Act It require the SBA to report annually to the Congress on the state of its information technology (IT) and cybersecurity systems, the methods it could use to improve cybersecurity, any IT equipment or systems it has that were produced by an entity doing business principally in China, and any recent cybersecurity risks or incidents and subsequent responses. NSBA supports. H.R. 2345 - Clarifying the Small Business Runway Extension Act Amend the Small Business Act to clarify the intention of Congress that the Administrator of the Small Business Administration is subject to certain requirements with respect to establishing size standards for small business concerns. NSBA is monitoring. H.R. 2513 - The Corporate Transparency Act of 2019 Bill would amend the Bank Secrecy Act to require an applicant seeking to form a corporation or limited liability company (LLC) to disclose the beneficial owners of the entity. NSBA opposes the small business requirements section of the bill. H.R. 2603 - the Northern Mariana Islands Small Business Act Gives the Northern Mariana Islands full access to SBA grant and microloan programs. NSBA supports. H.R. 3630 - The No Surprises Act This bill expands restrictions on charging health care plan holders out-of-network rates for certain services. NSBA is monitoring. H.R. 3666 - STRONGER Patents Act of 2019 Measure would make it easier and more affordable for patent holders to enforce their patents. NSBA supports. H.R. 4069 - The Modern Worker Empowerment Act Amend the FLSA to adopt a common-law test to define the term employee. The bill would have the effect of harmonizing the definition of employee for purposes of federal law and thereby minimizing the uncertainty surrounding the determination as to whether an individual is an employee or independent contractor. NSBA is monitoring. H.R. 4387 - To establish Growth Accelerator Fund Competition within the Small Business Administration H.R. 4387 codifies the SBA-initiated Growth Accelerator Fund Competition within the SBA for four years. The program awards $50,000 prizes to the nations most innovative small business accelerators and incubators. NSBA supports. H.R. 4405 - Women's Business Centers Improvements Act of 2019 The Womens Business Centers Improvements Act strengthens the WBC program to ensure that women entrepreneurs across the country have access to the vital counseling and technical training services that can take them from startup to success. NSBA supports. H.R. 4406 - Small Business Development Centers Improvement Act of 2019 This bill reauthorizes the Small Business Development Center Program through FY2023 and otherwise revises the program. NSBA supports. H.R. 4407 - SCORE for Small Business Act of 2019 This bill reauthorizes through FY2022 the Service Corps of Retired Executives (SCORE) program, outlines the duties of the SCORE Association, and requires the Small Business Administration (SBA) to cooperate with the association to carry out the program. NSBA supports. H.R. 4863 - United States Export Finance Agency Act of 2019 To promote the competitiveness of the United States, to reform and reauthorize the United States Export Finance Agency. NSBA supports. H.R. 4907 - TRUST Act The bill establishes bipartisan commissions to make recommendations on each trust fund, and those recommendations would receive a fast-tracked vote in Congress. NSBA is monitoring. H.R. 4931 - Incubator Act of 2019 The purposes for this Act are to support the growth and success of business incubators throughout the country and to stimulate widespread business development and economic growth. NSBA is monitoring. H.R. 5065 - the Prison to Proprietorship Act for Formerly Incarcerated Act H.R. 5065 provides re-entry entrepreneurship counseling and training services for formerly incarcerated individuals. NSBA supports. H.R. 5078 - the Prison to Proprietorship Act H.R. 5078 provides re-entry entrepreneurship counseling and training services for qualified, non-violent and soon to be released incarcerated individuals. NSBA supports. H.R. 5130 - the Capturing All Small Businesses Act of 2019 H.R. 5130 modifies the Small Business Administrations (SBAs) size calculation for employee based firms, allowing them more time to build their competitiveness. NSBA supports. H.R. 5146 - the Unlocking Opportunities for Small Businesses Act of 2019 H.R. 5146 would allow small businesses to leverage past performance experience obtained as part of joint ventures and subcontracts, which otherwise wouldnt be an option, Small businesses that wish to perform as prime contractors are often faced with a dilemma. NSBA supports. H.R. 5377 - Restoring Tax Fairness for States and Localities Act This bill increases the tax deduction for state and local taxes in 2019 to $20,000 for persons filing a joint tax return if the adjusted gross income of the taxpayer does not exceed $100 million. NSBA is monitoring. H.R. 6312 - COVID-19 RELIEF for Small Businesses Act of 2020 Legislation that would provide relief to small businesses facing consequences from the ongoing COVID-19 outbreak. NSBA is monitoring. H.R. 6333 - To establish a Small Business Financial Assistance Program to support small businesses during the COVID-19 emergency, and for other purposes. This bill requires the Department of the Treasury to establish a Small Business Financial Assistance Program to provide loans and loan guarantees to small businesses. NSBA is monitoring. H.R. 6349 - Continuity of Business Operations Support Act of 2020 This bill requires the Small Business Administration (SBA) to provide grants to small business development centers, women's business centers, and chapters of the Service Corps of Retired Executives to educate and advise small businesses on specified matters related to COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. H.R. 6361 - Relief for Small Businesses and Nonprofits Act Bill to provide loan and obligation payment relief for small businesses and non-profits affected by the COVID-19 emergency, and for other purposes. NSBA is monitoring. H.R. 6367 - Entrepreneurial Development COVID-19 Response Act of 2020 This bill requires the Small Business Administration to award grants for small business development centers, women's business centers, and chapters of the Service Corps of Retired Executives to provide small businesses with specified assistance related to COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. H.R. 6396 - To provide tax and regulatory relief and health care flexibility to individuals and businesses affected by the 2020 coronavirus pandemic. NSBA is monitoring. S. 92 - Regulations from the Executive in Need of Scrutiny Act of 2019 The REINS Act seeks to restore authority to Congress by allowing lawmakers to have final say on regulations with an estimated economic impact of more than $100 million. NSBA supports. S. 215 - Death Tax Repeal Act of 2019 This bill amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount. NSBA supports. S. 463 - The Family and Medical Insurance Leave (FAMILY) Act Legislation which provide workers with up to 12 weeks of partial income while taking family leave. NSBA opposes. S. 673 - Expanding Contracting Opportunities for Small Businesses Act of 2019 Bill increases the size of sole source contract awards for women owned, service-disabled veteran-owned, HUBZone, and socially and economically disadvantaged small businesses, and implements a new eligibility determination process to ensure sole source awards are made to eligible firms. NSBA supports. S. 682 -Save the Internet Act of 2019 Bill would restore net neutrality rules recently repealed by the Federal Communications Commission (FCC). NSBA supports. S. 771 - Small Business Cyber Training Act of 2019 This bill amends the Small Business Act to require the Small Business Administration to establish a program for certifying employees of small business development centers to provide cybersecurity planning assistance to small businesses. NSBA supports. S. 840 - Healthy Families Act Legislation that would allow workers to annually accrue up 56 hours of paid sick leave or seven days of paid sick leave each year. NSBA opposes. S. 909 - Separation of Powers Restoration Act This bill modifies the scope of judicial review of agency actions to authorize courts reviewing agency actions to decide de novo (without giving deference to the agency's interpretation) all relevant questions of law, including the interpretation of: (1) constitutional and statutory provisions, and (2) rules made by agencies. NSBA supports. S. 996 - Microloan Program Enhancement Act of 2019 Bill modifies the microloan program of the Small Business Administration. NSBA supports. S. 1089 - Restoring Access to Medication Act of 2019 This bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, health flexible spending arrangements, and health reimbursement arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs). The bill also allows the accounts to be used for menstrual care products. NSBA supports. S. 1120 - The Small Business Regulatory Flexibility Improvements Act Bill requires federal agencies to analyze the full impact of a proposed regulation on small businesses during the rulemaking process. NSBA supports. S. 1149 - Main Street Certainty Act of 2019 Legislation to make permanent the 20-percent pass-through deduction from the Tax Cuts and Jobs Act. NSBA supports. S. 1981 - The Women and Minority Equity Investment Act of 2019 Allows women-owned federal contracting firms to take investment by women-owned equity firms and still meet the 51 percent unconditionally owned and controlled standard set by SBA to participate in the WOSB/EDWOSB program. NSBA is monitoring. S.2082 - Support Technology and Research for Our Nation's Growth and Economic Resilience Patents Act Measure would make it easier and more affordable for patent holders to enforce their patents. NSBA supports. S. 2156 - S Corporation Modernization Act Legislation that would make several pro-growth reforms to help S corporations operate more easily, which would improve their ability to raise capital. NSBA supports. S. 2189 - Veteran Small Business Export Promotion Act The Veteran Small Business Export Promotion Act would make permanent the U.S. Small Business Administrations (SBA) current policy of waiving up-front fees for veterans applying for its Export Express, Export Working Capital and International Trade loans of $150,000 or less. NSBA supports. S. 2350 - Online Sales Simplicity and Small Business Relief Act of 2019 This bill prohibits states from imposing a sales tax collection duty on a remote seller for any sale that occurred prior to June 21, 2018. A "remote seller" is a person without a physical presence in a state who makes a sale in the state. NSBA is monitoring. S. 2535 - Enhancing Entrepreneurship for the 21st Century Act This bill requires the Department of Commerce to conduct an assessment and analysis of the reasons underlying the decreasing rate of formation of new businesses (i.e., startups) in the United States. NSBA supports. S. 2543 - Prescription Drug Pricing Reduction Act of 2019 Amends titles XI, XVIII, and XIX of the Social Security Act to lower prescription drug prices in the Medicare and Medicaid programs, to improve transparency related to pharmaceutical prices and transactions, to lower patients' out-of-pocket costs, and to ensure accountability to taxpayers, and for other purposes. NSBA is monitoring. S. 2563 - ILLICIT CASH Act To improve laws relating to money laundering. NSBA opposed TITLE IV of the bill regarding beneficial ownership. S. 2733 - TRUST Act The bill establishes bipartisan commissions to make recommendations on each trust fund, and those recommendations would receive a fast-tracked vote in Congress. NSABA is monitoring. S. 3508 - Disaster Protection for Workers' Credit Act of 2020 Legislation will provide for an immediate four-month moratorium on all negative credit reporting and longer protections for people who face lasting financial hardship from the outbreak. The bill will also provide free, unlimited credit reports and credit scores for a year from the end of the crisis. Beyond this crisis, the bill extends these protections to people impacted by future major disasters. NSBA is monitoring. S. 3515 - New Business Preservation Act The New Business Preservation Act which would create a new program at the Treasury Department that will partner with states to invest in promising new businesses alongside private investors in areas of the country that do not currently attract significant equity investment in new businesses. NSBA is monitoring. S. 3518 - COVID-19 Recovery Grants for Small Businesses Act This bill requires the Small Business Administration to provide economic injury grants to certain small businesses, private nonprofit organizations, and small agricultural cooperatives that have suffered a substantial economic injury as a result of COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. S. 3519 - A bill to authorize the Administrator of the Small Business Administration to subsidize payments on loans guaranteed under the 7(a) and 504 loan programs or made using funds under the microloan program, and for other purposes. This bill requires the Small Business Administration (SBA) to pay the principal, interest, and any associated fees owed on certain loans made to small businesses for a six month period. NSBA is monitoring. S. 3524 - Coronavirus Credit Expansion Act This bill increases the maximum loan amount for a small business disaster loan made in response to COVID-19 (i.e., coronavirus disease 2019), and it requires the Small Business Administration to expedite the loan approval process for such loans. NSBA supports. S. 3531 - Small Business Relief from Communicable Disease Induced Economic Hardship Act of 2020 This bill expands the definition of a disaster for which the Small Business Administration (SBA) may provide disaster loans to small business concerns to include communicable diseases for which the government issues a travel alert or travel warning, and it authorizes the SBA to make interest free disaster loans to small businesses affected by a disaster for which the government issues a public health emergency. NSBA is monitoring. S.3541 - A bill to modify requirements relating to small business disaster loans made in response to COVID-19, and for other purposes. This bill establishes certain measures related to small business disaster loans made in response to COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. S. 3551 - Small Business Access to Capital Act of 2020 Bill to help small businesses access capital and create jobs by reauthorizing the successful State Small Business Credit Initiative. NSBA is monitoring. S. 3554 - COVID-19 RELIEF for Small Businesses Act of 2020 This bill establishes measures to provide assistance to small businesses impacted by COVID-19 (i.e., coronavirus disease 2019). NSBA is monitoring. S. 3565 - Small Business and Consumer Debt Collection Emergency Relief Act of 2020 Legislation that would protec

Client expense: $24,000 · Firm income: Not reported

Government targets: Bureau of Citizenship & Immigration Services (BCIS), Centers For Medicare and Medicaid Services (CMS), Commerce, Dept of (DOC), Consumer Financial Protection Bureau (CFPB), Council of Economic Advisers (CEA), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Export-Import Bank of the United States (EXIM Bank), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), Intl Trade Administration (ITA), Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), Office of Personnel Management (OPM), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 1869, S. 803 - Restoring Investments in Improvements Act - fix QIP drafting error H.R. 216, S. 1149 - Main Street Certainty Act - make permanent the Qualified Business Income deduction H.R. 218, S. 215 - Death Tax Repeal Act - repeal the federal estate tax Change definition of real property to better reflect a building's electrical distribution system HR 7010 Paycheck Protection Flexibility Act - provisions relating to PPP extension and modification Deductibility of expenses paid with PPP funds Clarification of expensing provisions relating to electrical components

Client expense: Not reported · Firm income: $6,000

Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA), Treasury, Dept of