Agriculture Environmental Stewardship Act of 2019

H.R. 7330, Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; S. 3548, Coronavirus Aid, Relief, and Economic Security Act; Health, Economic Assistance, Liability Protection, and Schools Act; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C). S. 2542, The Agriculture and Environmental Stewardship Act of 2019

Client expense: $130,000 · Firm income: Not reported

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

S. 3548, Coronavirus Aid, Relief, and Economic Security Act; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; Support lower rates on taxation of dividends; Protect the interests of the natural gas industry with respect to any tax reform proposals; Promote keeping Interest Deductibility in the tax code for LDCs; Educating Congress regarding impact of tax extenders on LDCs; Promote the development of the natural gas vehicle market by supporting various incentives; Tax Extenders Generally, S-617, Tax Extender and Disaster Relief Act of 2019; Tax Credits Generally; Issues related to refundable tax credit proposals; S. 2542, the Agriculture and Environmental Stewardship Act of 2019. H.R. 7330, Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; H.R. 1686 to amend the Internal Code of 1986; H.R. 8547, Incentivize Energy-Saving Improvements Act; H.R. 5523, Energy Sector Innovation Credit Act of 2019; H.R. 7330, Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; Health, Economic Assistance, Liability Protection, and Schools Act;

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

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: $860,701 · Firm income: Not reported

Estate tax - Supported efforts to reform and repeal estate taxes (H.R. 5259, H.R. 218, S. 215). NMPF has also supported legislation that will create and improve tax credits for investment in technology that turns organic matter into biogas energy and removes nutrient particles from manure, namely the Agriculture Environmental Stewardship Act of 2019 (H.R. 3744, S. 2542). Provisions of this bill have been incorporated into the GREEN Act draft measure. Supported efforts to ensure that farmers can continue to use cash accounting. Supported efforts to ensure that cooperatives could count non-patronage income in the calculation of the 199A deduction as implemented by the Treasury Department.

Client expense: $159,180 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR)

S. 3548, Coronavirus Aid, Relief, and Economic Security Act; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; Support lower rates on taxation of dividends; Protect the interests of the natural gas industry with respect to any tax reform proposals; Promote keeping Interest Deductibility in the tax code for LDCs; Educating Congress regarding impact of tax extenders on LDCs; Promote the development of the natural gas vehicle market by supporting various incentives; Tax Extenders Generally; Tax Credits Generally; Issues related to refundable tax credit proposals S. 2542, the Agriculture and Environmental Stewardship Act of 2019. H.R. 7330, Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019.

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

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

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: $931,776 · Firm income: Not reported

Estate tax - Supported efforts to reform and repeal estate taxes (H.R. 5259, H.R. 218, S. 215). NMPF has also supported legislation that will create and improve tax credits for investment in technology that turns organic matter into biogas energy and removes nutrient particles from manure, namely the Agriculture Environmental Stewardship Act of 2019 (H.R. 3744, S. 2542). Provisions of this bill have been incorporated into the GREEN Act draft measure. Supported efforts to ensure that farmers can continue to use cash accounting. Supported efforts to ensure that cooperatives could count non-patronage income in the calculation of the 199A deduction as implemented by the Treasury Department.

Client expense: $120,267 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR)

S. 3548, Coronavirus Aid, Relief, and Economic Security Act; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; Support lower rates on taxation of dividends; Protect the interests of the natural gas industry with respect to any tax reform proposals; Promote keeping Interest Deductibility in the tax code for LDCs; Educating Congress regarding impact of tax extenders on LDCs; Promote the development of the natural gas vehicle market by supporting various incentives; Tax Extenders Generally; Tax Credits Generally; S. 2542, the Agriculture and Environmental Stewardship Act of 2019.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Support for S. 215/H.R. 218, the Death Tax Repeal Act, to repeal estate taxes while continuing the stepped-up basis; H.R. 5259 - Preserving Family Farms Act of 2019, which would updates IRS Code Section 2032A Special Use Valuation, increasing the amount of farmland that can be protected from taxes after the death of a family member; H.R. 3961 - Renewable Energy Extension Act of 2019, which would continue the Section 48 and Section 25D investment tax credits (ITC) for five years; and S. 2542/ H.R. 3744 - Agricultural Environmental Stewardship Act, incentivize the installation of biogas and nutrient recovery systems on farms; H.R. 216/S. 1149 - Main Street Tax Certainty Act to make the Sect. 199A 20 percent business income deduction permanent.as well as permanent extension of the agriculture-related tax provisions (including biodiesel and renewable biodiesel, second generation biodiesel and alternative refueling property, as well as short line rail maintenance) in the Tax Cut and Jobs Act. Support for extending temporary provisions included in the Tax Cuts and Jobs Act including: reduced pass-through rates and expanded tax brackets, the new 20 percent business income deduction, unlimited bonus depreciation, and increased alternative minimum tax. During the COVID-19 outbreak, advocacy related to the tax and business related provisions in the CARES Act, as well as suspension of the filing of business returns and the payment of all business taxes to the federal government during the outbreak, advocacy related to tax certainty and amendments to the tax code that are needed to help farmers financially during COVID-19.

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

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

Client expense: $710,153 · Firm income: Not reported

Estate tax - Supported efforts to reform and repeal estate taxes (H.R. 5259, H.R. 218, S. 215). NMPF has also supported legislation that will create and improve tax credits for investment in technology that turns organic matter into biogas energy and removes nutrient particles from manure, namely the Agriculture Environmental Stewardship Act of 2019 (H.R. 3744, S. 2542). Provisions of this bill have been incorporated into the GREEN Act draft measure. Supported efforts to ensure that farmers can continue to use cash accounting. Supported efforts to ensure that cooperatives could count non-patronage income in the calculation of the 199A deduction as implemented by the Treasury Department.

Client expense: $210,839 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR)

Sec. 48 Investment tax credit - Storage; Alternative refueling property credit (30C); EV tax credit (30D); Tax Extenders, 25(C) and 179(D) H.R. 1686, to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities and to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions H.R. 2074, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 2038, related to transportation; S. 2039, related to transportation. S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 617, Tax Extender and Disaster Relief Act of 2019; H.R. 3031, Taxpayer Certainty and Disaster Tax Relief Act of 2019; S. 617, Tax Extender and Disaster Relief Act of 2019; S. 2038, related to transportation; S. 2039, related to transportation; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); House Ways & Means Energy Tax Package; Growing Renewable Energy and Efficiency Now (Green) Act of 2019; S.2542, The Agriculture and Environmental Stewardship Act of 2019, was introduced on September 24, 2019 by Senator Sherrod Brown. This bill allows energy tax credits through 2021 for investments in qualified biogas property or qualified manure resource recovery property.

Client expense: $370,000 · Firm income: Not reported

Estate tax - Supported efforts to reform and repeal estate taxes (H.R. 5259, H.R. 218, S. 215). NMPF has also supported legislation that will create and improve tax credits for investment in technology that turns organic matter into biogas energy and removes nutrient particles from manure, namely the Agriculture Environmental Stewardship Act of 2019 (H.R. 3744, S. 2542). Provisions of this bill have been incorporated into the GREEN Act draft measure. Supported efforts to ensure that farmers can continue to use cash accounting.

Client expense: $685,446 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Patent & Trademark Office (PTO), SENATE, Transportation, Dept of (DOT), U.S. Trade Representative (USTR)

Support lower rates on taxation of dividends. Protect the interests of the natural gas industry with respect to any tax reform proposals. Promote keeping Interest Deductibility in the tax code for LDCs. Educating Congress regarding impact of tax extenders on LDCs. Promote the development of the natural gas vehicle market by supporting various incentives. Tax Extenders: Congress is currently seeking to renew and extend tax provisions that have expired or are set to expire. Two of these expired provisions provide incentives for the purchase of high efficiency natural gas equipment. The third extends the tax credit supporting natural gas vehicles. o25(C) provides a tax credit for upgrading to high efficiency natural gas appliances in residential properties o179(D) provides a tax deduction for energy efficiency improvements in commercial properties. oThis issue arose in: S 617, Tax Extender and Disaster Relief Act of 2019 * Alternative Fuels Tax Credit (AFTC) was extended for calendar year 2018, 2019 and 2020 for $.50/gallon on H.R. 1865, Further Consolidated Appropriations Act under Section Q. Tax Credits: The carryover of excess corporate charitable contributions. This issue arose in H.R.1686 to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities, and to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions. This bill would amend the Internal Revenue Code to increase the carryover period for charitable contributions from 5 years to 20 years. Increasing the 5 year carryover period to 20 years would eliminate the penalty present in current law that is particularly problematic for our companies, which operate in regulated industries and generally make significant annual charitable contributions to community charities in their operating jurisdictions. This issue is more acute for companies in our industries - regulated electric and gas utilities - because we are among the most capital intensive industries in the country. Each year, the electric and gas utilities are spending more than $100 billion in investments to improve system safety and reliability while offering an important source of much-needed, high-quality jobs. * S. 2542, The Agriculture and Environmental Stewardship Act of 2019, was introduced on September 24, 2019 by Senator Sherrod Brown. This bill allows energy tax credits through 2021 for investments in qualified biogas property or qualified manure resource recovery property.

Support lower rates on taxation of dividends. Protect the interests of the natural gas industry with respect to any tax reform proposals. Promote keeping Interest Deductibility in the tax code for LDCs. Educating Congress regarding impact of tax extenders on LDCs. Promote the development of the natural gas vehicle market by supporting various incentives. Tax Extenders: Congress is currently seeking to renew and extend tax provisions that have expired or are set to expire. Two of these expired provisions provide incentives for the purchase of high efficiency natural gas equipment. The third extends the tax credit supporting natural gas vehicles. o25(C) provides a tax credit for upgrading to high efficiency natural gas appliances in residential properties o179(D) provides a tax deduction for energy efficiency improvements in commercial properties. oThis issue arose in: S 617, Tax Extender and Disaster Relief Act of 2019 * Alternative Fuels Tax Credit (AFTC) was extended for calendar year 2018, 2019 and 2020 for $.50/gallon on H.R. 1865, Further Consolidated Appropriations Act under Section Q. Tax Credits: The carryover of excess corporate charitable contributions. This issue arose in H.R.1686 to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities, and to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions. This bill would amend the Internal Revenue Code to increase the carryover period for charitable contributions from 5 years to 20 years. Increasing the 5 year carryover period to 20 years would eliminate the penalty present in current law that is particularly problematic for our companies, which operate in regulated industries and generally make significant annual charitable contributions to community charities in their operating jurisdictions. This issue is more acute for companies in our industries - regulated electric and gas utilities - because we are among the most capital intensive industries in the country. Each year, the electric and gas utilities are spending more than $100 billion in investments to improve system safety and reliability while offering an important source of much-needed, high-quality jobs. * S. 2542, The Agriculture and Environmental Stewardship Act of 2019, was introduced on September 24, 2019 by Senator Sherrod Brown. This bill allows energy tax credits through 2021 for investments in qualified biogas property or qualified manure resource recovery property.

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

Client expense: $769,460 · Firm income: Not reported

Stopping the application of the sequester cut (current and new) to Medicare Part B drug reimbursement (no bill). Fixing the 340B drug discount program (no bill). Misc. issues dealing with pharmacy benefit managers (no bill). Various drug pricing/costs (general and Prescription Drug Pricing Reduction Act of 2019; S2542). Step therapy and prior authorization (general and Improving Seniors' Timely Access to Care Act of 2019; HR3107). International Pricing Index Model (no bill). Oncology Care Model (no bill). Oncology Care First Model (no bill). CMMI guardrail bill (no bill number; not introduced).

Client expense: $153,600 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), SENATE

H.R. 2074, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); H.R. 3031, Taxpayer Certainty and Disaster Tax Relief Act of 2019; S. 617, Tax Extender and Disaster Relief Act of 2019; S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 2038, related to transportation; S. 2039, related to transportation; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); Growing Renewable Energy and Efficiency Now (GREEN) Act of 2019; S. 2542, The Agriculture and Environmental Stewardship Act of 2019;

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Sec. 48 Investment tax credit - Storage; Alternative refueling property credit (30C); EV tax credit (30D); Tax Extenders, 25(C) and 179(D) H.R. 1686, to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities and to amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions H.R. 2074, the Renewable Energy Transferability Act; H.R. 2096, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); H.R. 2256, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 2038, related to transportation; S. 2039, related to transportation. S. 1094, the Driving America Forward Act (EV tax credit - Sec. 30D); S. 1142, the Energy Storage Tax Incentive and Deployment Act of 2019 (Investment tax credit for storage - Sec. 48); S. 617, Tax Extender and Disaster Relief Act of 2019; H.R. 3031, Taxpayer Certainty and Disaster Tax Relief Act of 2019; S. 617, Tax Extender and Disaster Relief Act of 2019; S. 2038, related to transportation; S. 2039, related to transportation; Electric Vehicle Tax Credit (30D); Alternative Refueling Property Tax Credit (30C); House Ways & Means Energy Tax Package; Growing Renewable Energy and Efficiency Now (Green) Act of 2019; S.2542, The Agriculture and Environmental Stewardship Act of 2019, was introduced on September 24, 2019 by Senator Sherrod Brown. This bill allows energy tax credits through 2021 for investments in qualified biogas property or qualified manure resource recovery property.

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

Estate tax - Supported efforts to reform and repeal estate taxes (H.R. 5259, H.R. 218, S. 215). NMPF has also supported legislation that will create and improve tax credits for investment in technology that turns organic matter into biogas energy and removes nutrient particles from manure, namely the Agriculture Environmental Stewardship Act of 2019 (H.R. 3744, S. 2542). Provisions of this bill have been incorporated into the GREEN Act draft measure. Supported efforts to ensure that farmers can continue to use cash accounting.

Client expense: $496,302 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Patent & Trademark Office (PTO), SENATE, Transportation, Dept of (DOT), U.S. Trade Representative (USTR)

Support for S. 215, the Death Tax Repeal Act, to repeal estate taxes while continuing the stepped-up basis; H.R. 5259 - Preserving Family Farms Act of 2019, which would updates IRS Code Section 2032A Special Use Valuation, increasing the amount of farmland that can be protected from taxes after the death of a family member; H.R. 3961 - Renewable Energy Extension Act of 2019, which would continue the Section 48 and Section 25D investment tax credits (ITC) for five years; and S2542/ H.R. 3744 - Agricultural Environmental Stewardship Act, incentivize the installation of biogas and nutrient recovery systems on farms; as well as permanent extension of the agriculture-related tax provisions (including biodiesel and renewable biodiesel, second generation biodiesel and alternative refueling property, as well as short line rail maintenance) in the Tax Cut and Jobs Act.

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

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

Estate tax - Supported efforts to reform and repeal estate taxes. NMPF has also supported legislation that will create and improve tax credits for investment in technology that turns organic matter into biogas energy and removes nutrient particles from manure, namely the Agriculture Environmental Stewardship Act of 2019 (H.R. 3744, S. 2542). Supported efforts to ensure that farmers can continue to use cash accounting.

Client expense: $312,900 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Patent & Trademark Office (PTO), SENATE, Transportation, Dept of (DOT), U.S. Trade Representative (USTR)