Secure Family Futures Act of 2024

Paid Family Leave (H.R. 8860) Tax treatment of life insurance and annuities Ordinary tax treatment of bonds (H.R. 5707, S. 4740) International Tax (GILTI, Pillar 2)

Client expense: $1,352,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the corporate alternative minimum tax. Issues related to the tax treatment of life insurance. Issues related to Subchapter L of the IRS Code. Issues related to HR 5707 and S 4740, The Secure Families Future Act, all provisions.

Client expense: $540,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5707/S. 4740: Secure Family Futures Act of 2023 Issues related to Corporate Alternative Minimum Tax regulations

Client expense: $90,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to the insurance industry, the tax treatment of such products and general corporate tax policies. H.R. 5707/S. 4740 - The Secure Family Futures Act.

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S.3680/H.R.8860 Paid Family and Medical Leave Tax Credit and Extension Act. H.R.5707/S.4740 Secure Family Futures Act. P.L.115-97 Tax Cuts and Jobs Act. P.L.117-169 Inflation Reduction Act. H.R.7024 Tax Relief for American Families and Workers Act.

Client expense: $120,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of

Educate Congressional staff on taxation of life insurance company related to company and product taxation, tax proposals regarding retirement security. Lobbied on life insurance related tax provisions in proposed legislation. Lobbied in support of HR 5707 and S. 4740, the Secure Family Futures Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Treaty Document 112-8: bilateral tax treaty with Chile HR 5707 Secure Family Futures Act Summary is in progress. To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets. HR 7024 Tax Relief for American Families and Workers Act. To make improvements to the child tax credit, to provide tax incentives to promote economic growth, to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States, to provide tax relief with respect to certain Federal disasters, to make improvements to the low-income housing tax credit, and for other purposes. HR 8435 Summary in process. To amend the Internal Revenue Code of 1986 to treat certain price protection payments as eligible rollover distributions, and for other purposes. HR 8860 A legislative analyst in the Congressional Research Service will begin analyzing this legislation after text becomes available. To amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes. Issues Related to Paid Family and Medical Leave S3680 Paid Family and Medical Leave Tax Credit Extension and Enhancement Act: This bill modifies the employer tax credit for paid family and medical leave. Specifically, the bill (1) makes such credit permanent, (2) allows the credit in states or localities that either mandate or do not mandate paid family and medical leave, (3) allows employers to claim the credit for a portion of their paid family leave insurance premiums, (4) reduces the minimum employment period eligibility requirement, and (5) requires the Small Business Administration and the Internal Revenue Service to conduct targeted outreach to employers and other relevant parties regarding the availability and requirements of the credit. S4740 Secure Family Futures Act of 2024 - Summary is in progress. To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets.

Client expense: $482,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.274 - To require a report by the Comptroller General of the United States on a national all-hazards disaster insurance program. (Sheila Jackson Lee, D-TX-18) H.R.385 - To ban the imposition of any State or local liability insurance, tax, or user fee requirement for firearm or ammunition ownership or commerce. (Ronny Jackson, R-TX-13) H.R.900 - To amend the National Flood Insurance Act of 1968 to allow for the consideration of private flood insurance for the purposes of applying continuous coverage requirements, and for other purposes. (Kathy Castor, D-FL-14) H.R.1306 - To provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1307 - To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1308 - To allow communities to develop alternative flood insurance rate maps, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1309 - To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1392 - To reauthorize the National Flood Insurance Program through December 31, 2024. (Warren Davidson, R-OH-8) H.R.1540 - To establish a means-tested assistance program for national flood insurance program policyholders, and for other purposes. (Matt Cartwright, D-PA-8) H.R.1545 - To amend the Internal Revenue Code of 1986 to exclude from gross income certain income from providing real propoerty insurance following certain federally declared disasters. (Clay Higgins, R-LA-3) S.601 - A bill to amend the National Flood Insurance Act of 1968 to modify the amount by which the chargeable risk premium rate for flood insurance under that Act may be increased in any year. (John Kennedy, R-LA) S.602 - A bill to require the Administrator of the Federal Emergency Management Agency to take certain actions relating to the National Flood Insurance Program. and for other purposes. (John Kennedy, R-LA) S.795 - A bill to amend the Federal Crop Insurance Act to improve education and risk management assistance, and for other purposes. (Chris Murphy, D-CT) S.721 - A bill to permit policyholders under the National Flood Insurance Program to elect to have previous premium rates remain in effect until the Administrator of the Federal Emergency Management Agency satisfies certain conditions, and for other purposes. (Cindy Hyde-Smith, R-MS) S.1039 - A bill to authorize the Administrator of the Federal Emergency Management Agency to terminate certain contracts on the basis of detrimental conduct to the National Flood Insurance Program, and for other purposes. (John Kennedy, R-LA) H.R.2458 - To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to establish an emergency preparedness grant program for higher education institutions, and for other purposes. (Troy Carter, D-LA-2) H.R.2538 - To prohibit the sale of a firearm to, and the purchase of a firearm by, a person who is not covered by appropriate liability insurance coverage. (Mark Takano, D-CA-39) H.R.2542 - To preclude absolute liability in any action against a property owner or contractor for projects receiving Federal financial assistance for infrastructure and transportation development, and for other purposes. (Brandon Williams, R-NY-22) H.R.2568 - To provide for improvements to National Flood Insurance Program rate maps, and for other purposes. (Alex Mooney, R-WV-2) H.R.2933 - To eliminate the Federal Insurance Office of the Department of the Treasury, and for other purposes. (Ben Cline, R-VA-6) Senate Version: S.1694 - A bill to abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes. (Ted Cruz, R-TX) H.R.2984 - To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes. (Nydia Velazquez, D-NY-7) Senate Version: S.1359 - A bill to create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes. (Bob Menendez, D-NJ) H.R.3014 - To amend the Internal Revenue Code of 1986 to establish a system for the taxation of catastrophic risk transfer companies to ensure sufficient capital to cover catastrophic insurance losses, and for other purposes. (Darin LaHood, R-IL-16) S.1417 - A bill to amend the National Flood Insurance Act of 1968 to ensure community accountability for areas repeatedly damaged by floods, and for other purposes. (Tim Scott, R-SC) S.1427 - A bill to exempt certain entities from liability under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 with respect to releases of perfluoroalkyl and polyfluoroalkyl substances, and for other purposes. (Cynthia Lummis, R-WY) S.1539 - A bill to amend the Federal Crop Insurance Act and the Federal Agriculture Improvement and Reform Act of 1996 to make the native sod provisions applicable to the United States and to modify those provisions, and for other purposes. (John Thune, R-SD) H.R.3210 - To amend the Internal Revenue Code of 1986 to repeal the corporate alternative minimum tax. (Jodey Arrington, R-TX-19) Senate Version: S.1559 - A bill to amend the Internal Revenue Code of 1986 to repeal the corporate alternative minimum tax. (John Barrasso, R-WY) S.1690 - A bill to amend the Federal Crop Insurance Act to establish a Good Steward Cover Crop program, and for other purposes. (Sherrod Brown, D-OH) H.R.3815 - To amend the Federal Crop Insurance Act to require the research and development of a policy to insure the production of mushrooms. (Chrissy Houlahan, D-PA-6) H.R.3880 - To prohibit private passenger automobile insurers from using certain income proxies to determine insurance rates and eligibility. (Bonnie Watson Coleman, D-NJ-12) H.R.3904 - To amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers, and for other purposes. (Randy Feenstra, R-IA-4) S.1787 - A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules. (Bob Menendez, D-NJ) H.R.3997 - To ensure the availability and affordability of homeowners' insurance coverage for catastrophic events. (Federica Wilson, D-FL-24) S.2035 - A bill to amend the Federal Agriculture Improvement and Reform Act of 1996 to make additional coverage under the Noninsured Crop Disaster Assistance Program available for crops and grasses used for grazing, and for other purposes. (Mike Rounds, R-SD) H.R.4308 - To amend the Federal Crop Insurance Act to require the Federal Crop Insurance Corporation to carry out research and development regarding a policy to insure wine grapes against losses due to smoke exposure, and for other purposes. (Mike Thompson, D-CA-4) H.R.4349 - To reauthorize the National Flood Insurance Program, and for other purposes. (Frank Pallone, D-NJ-6) Senate Version: S.2142 - A bill to reauthorize the National Flood Insurance Program, and for other purposes. (Bob Menendez, D-NJ) S.2104 - A bill to amend the Federal Crop Insurance Act to allow for the separation of enterprise units by continuous and fallow cropping systems. (Roger Marshall, R-KS) S.2108 - A bill to amend the National Flood Insurance Act of 1968 to require that certain information is made publicly available, and for other purposes. (Rick Scott, R-FL) S.2109 - A bill to ensure that Write Your Own companies can sell private flood insurance products that compete with National Flood Insurance Program products. (Rick Scott, R-FL) S.2110 - A bill to allow National Flood Insurance Program policyholders who leave the program to purchase a private insurance flood policy to return to the National Flood Insurance Program without penalty, and for other purposes. (Rick Scott, R-FL) S.2134 - A bill to amend the Federal Crop Insurance Act to require research and development regarding a policy to insure wine grapes against losses due to smoke exposure, and for other purposes. (Alex Padilla, D-CA) H.R.4686 - To establish a grace period for nonpayment of premiums for flood insurance coverage under the national flood insurance program until the Administrator of the Federal Emergency Management Agency implements the option for monthly payment of such premiums, and for other purposes. (Anna Paulina Luna, R-FL-13) Senate Version: S.2852 - A bill to establish a grace period for nonpayment of premiums for flood insurance coverage under the national flood insurance program until the Administrator of the Federal Emergency Management Agency implements the option for monthly payment of such premiums, and for other purposes. (Rick Scott, R-FL) H.R.4762 - To amend title 49, United States Code, to extend the non-premium war risk insurance program. (Rudy Yakym, R-IN-2) S.2391 - A bill to reauthorize the National Flood Insurance Program. (John Kennedy, R-LA) H.R.4888 - To require certain insurance companies to disclose investments and underwriting that relate to coal mining and oil and gas extraction and fossil fuel extraction, and for other purposes. (Adam Schiff, D-CA-30) S.2458 - A bill to amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers, and for other purposes. (Amy Klobuchar, D-MN) S.2523 - A bill to amend the Federal Crop Insurance Act to require certain membership on the Board of Directors of the Federal Crop Insurance Corporation. (Tommy Tuberville, R-AL) S.2541 - A bill to amend the Federal Crop Insurance Act to require the Federal Crop Insurance Corporation to conduct research and development on the inclusion of certain oilseed crops in double cropping policies, and for other purposes. (Tommy Tuberville, R-AL) S.2643 - A bill to amend the Federal Crop Insurance Act to modify eligibility for prevented planting insurance under certain drought conditions, and for other purposes. (Ben Ray Lujan, D-NM) H.R.5535 - Insurance Data Protection Act (Scott Fitzgerald, R-WI-5) Senate Version: S.3349 - A bill to prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company. (Katie Britt, R-AL) H.R.5828 - To reauthorize the National Flood Insurance Program. (Andrew Garbarino, R-NY-2) H.R.5843 - To temporarily extend the National Flood Insurance Program. (Clay Higgins, R-LA-3) S.2968 - A bill to reauthorize the National Flood Insurance Program. (John Kennedy, R-LA) H.R.5992 - To amend the Federal Crop Insurance Act to modify eligibility for prevented planting insurance under certain drought conditions, and for other purposes. (Josh Harder, D-CA-9) H.R.6082 - To amend the National Flood Insurance Act of 1968 to establish a pilot program to increase the allowable amounts of advance payments under the National Flood Insurance Program, and for other purposes. (Andrew Garbarino, R-NY-2) Senate Version: S.3153 - A bill to amend the National Flood Insurance Act of 1968 to establish a pilot program to increase the allowable amounts of advance payments under the National Flood Insurance Program, and for other purposes. (John Kennedy, R-LA) H.R.6186 - To amend the Federal Crop Insurance Act to direct the Federal Crop Insurance Corporation to conduct research and development on frost or cold weather insurance, and for other purposes. (Scott Franklin, R-FL-18) H.R.6304 - To increase coverage under the National Flood Insurance Program for costs of compliance, and for other purposes. (Nick LaLota, R-NY-1) S.3253 - A bill to amend the Federal Crop Insurance Act to require research and development on frost or cold weather insurance, and for other purposes. (Marco Rubio, R-FL) S.3270 - A bill to amend the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994 to establish a budgetary Tribal Government consultation process at the Department of Agriculture, and for other purposes. (Mike Rounds, R-SD) H.R.6944 - To require the Secretary of the Treasury to establish a catastrophic property loss reinsurance program, and for other purposes. (Adam Schiff, D-CA-30) H.R.7000 - To amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes. (Bryan Steil, R-WI-1) Senate Version: S.3592 - A bill to amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes. (Tim Scott, R-SC) S.3650 - A bill to amend the Biggert-Waters Flood Insurance Reform Act of 2012 to improve mapping under the National Flood Insurance Program, and for other purposes. (Marco Rubio, R-FL) H.R.7462 - To require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes. (Maxine Waters, D-CA-43) H.R.7537 - To provide for the disclosure and sharing of certain policy and claims information under the National Flood Insurance Program, and for other purposes. (Madeleine Dean, D-PA-4) S.4081 - A bill to amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes. (John Hoeven, R-ND) House Version: H.R.8350 - To amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes. (Brad Finstad, R-MN-1) S.4143 - A bill to amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums. (Rick Scott, R-FL) House Version: H.R.8102 - To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums. (Byron Donalds, R-FL-19) H.R.8637 - To make protection against damage and loss resulting from the erosion and undermining of shorelines available under the National Flood Insurance Program, and for other purposes. (Greg Murphy, R-NC-3) S.4740 - A bill to amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets. (Thom Tillis, R-NC) S.4772 - A bill to reauthorize the National Flood Insurance Program. (John Kennedy, R-LA) S.4934 - A bill to amend the Internal Revenue Code of 1986 to create an above the line deduction for certain homeowners insurance premiums. (Rick Scott, R-FL) House Version: H.R.9411 - To amend the Internal Revenue Code of 1986 to create an above the line deduction for certain homeowners insurance premiums. (Gus Bilirakis, R-FL-12) S.4969 - A bill to require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes. (Martin Heinrich, D-NM) H.R.9414 - To require the Administrator of the Federal Emergency Management Agency to establish a community-based flood insurance pilot program, and for other purposes. (Andrew Garbarino, R-NY-12) H.R.9726 - To require the Administrator of the Federal Emergency Management Agency to develop a flood insurance information tool, and for other purposes. (Matt Cartwright, D-PA-8) S.5104 - A bill to amend the Federal Crop Insurance Act to reduce Federal spending on crop insurance, and for other purposes. (Jeanne Shaheen, D-NH)

Client expense: $440,000 · Firm income: Not reported

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

H.R.274 - To require a report by the Comptroller General of the United States on a national all-hazards disaster insurance program. (Sheila Jackson Lee, D-TX-18) H.R.385 - To ban the imposition of any State or local liability insurance, tax, or user fee requirement for firearm or ammunition ownership or commerce. (Ronny Jackson, R-TX-13) H.R.900 - To amend the National Flood Insurance Act of 1968 to allow for the consideration of private flood insurance for the purposes of applying continuous coverage requirements, and for other purposes. (Kathy Castor, D-FL-14) H.R.1306 - To provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1307 - To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1308 - To allow communities to develop alternative flood insurance rate maps, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1309 - To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. (Blaine Luetkemeyer, R-MO-3) H.R.1392 - To reauthorize the National Flood Insurance Program through December 31, 2024. (Warren Davidson, R-OH-8) H.R.1540 - To establish a means-tested assistance program for national flood insurance program policyholders, and for other purposes. (Matt Cartwright, D-PA-8) H.R.1545 - To amend the Internal Revenue Code of 1986 to exclude from gross income certain income from providing real propoerty insurance following certain federally declared disasters. (Clay Higgins, R-LA-3) S.601 - A bill to amend the National Flood Insurance Act of 1968 to modify the amount by which the chargeable risk premium rate for flood insurance under that Act may be increased in any year. (John Kennedy, R-LA) S.602 - A bill to require the Administrator of the Federal Emergency Management Agency to take certain actions relating to the National Flood Insurance Program. and for other purposes. (John Kennedy, R-LA) S.795 - A bill to amend the Federal Crop Insurance Act to improve education and risk management assistance, and for other purposes. (Chris Murphy, D-CT) S.721 - A bill to permit policyholders under the National Flood Insurance Program to elect to have previous premium rates remain in effect until the Administrator of the Federal Emergency Management Agency satisfies certain conditions, and for other purposes. (Cindy Hyde-Smith, R-MS) S.1039 - A bill to authorize the Administrator of the Federal Emergency Management Agency to terminate certain contracts on the basis of detrimental conduct to the National Flood Insurance Program, and for other purposes. (John Kennedy, R-LA) H.R.2458 - To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to establish an emergency preparedness grant program for higher education institutions, and for other purposes. (Troy Carter, D-LA-2) H.R.2538 - To prohibit the sale of a firearm to, and the purchase of a firearm by, a person who is not covered by appropriate liability insurance coverage. (Mark Takano, D-CA-39) H.R.2542 - To preclude absolute liability in any action against a property owner or contractor for projects receiving Federal financial assistance for infrastructure and transportation development, and for other purposes. (Brandon Williams, R-NY-22) H.R.2568 - To provide for improvements to National Flood Insurance Program rate maps, and for other purposes. (Alex Mooney, R-WV-2) H.R.2933 - To eliminate the Federal Insurance Office of the Department of the Treasury, and for other purposes. (Ben Cline, R-VA-6) Senate Version: S.1694 - A bill to abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes. (Ted Cruz, R-TX) H.R.2984 - To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes. (Nydia Velazquez, D-NY-7) Senate Version: S.1359 - A bill to create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related legitimate business, and for other purposes. (Bob Menendez, D-NJ) H.R.3014 - To amend the Internal Revenue Code of 1986 to establish a system for the taxation of catastrophic risk transfer companies to ensure sufficient capital to cover catastrophic insurance losses, and for other purposes. (Darin LaHood, R-IL-16) S.1417 - A bill to amend the National Flood Insurance Act of 1968 to ensure community accountability for areas repeatedly damaged by floods, and for other purposes. (Tim Scott, R-SC) S.1427 - A bill to exempt certain entities from liability under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 with respect to releases of perfluoroalkyl and polyfluoroalkyl substances, and for other purposes. (Cynthia Lummis, R-WY) S.1539 - A bill to amend the Federal Crop Insurance Act and the Federal Agriculture Improvement and Reform Act of 1996 to make the native sod provisions applicable to the United States and to modify those provisions, and for other purposes. (John Thune, R-SD) H.R.3210 - To amend the Internal Revenue Code of 1986 to repeal the corporate alternative minimum tax. (Jodey Arrington, R-TX-19) Senate Version: S.1559 - A bill to amend the Internal Revenue Code of 1986 to repeal the corporate alternative minimum tax. (John Barrasso, R-WY) S.1690 - A bill to amend the Federal Crop Insurance Act to establish a Good Steward Cover Crop program, and for other purposes. (Sherrod Brown, D-OH) H.R.3815 - To amend the Federal Crop Insurance Act to require the research and development of a policy to insure the production of mushrooms. (Chrissy Houlahan, D-PA-6) H.R.3880 - To prohibit private passenger automobile insurers from using certain income proxies to determine insurance rates and eligibility. (Bonnie Watson Coleman, D-NJ-12) H.R.3904 - To amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers, and for other purposes. (Randy Feenstra, R-IA-4) S.1787 - A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules. (Bob Menendez, D-NJ) H.R.3997 - To ensure the availability and affordability of homeowners' insurance coverage for catastrophic events. (Federica Wilson, D-FL-24) S.2035 - A bill to amend the Federal Agriculture Improvement and Reform Act of 1996 to make additional coverage under the Noninsured Crop Disaster Assistance Program available for crops and grasses used for grazing, and for other purposes. (Mike Rounds, R-SD) H.R.4308 - To amend the Federal Crop Insurance Act to require the Federal Crop Insurance Corporation to carry out research and development regarding a policy to insure wine grapes against losses due to smoke exposure, and for other purposes. (Mike Thompson, D-CA-4) H.R.4349 - To reauthorize the National Flood Insurance Program, and for other purposes. (Frank Pallone, D-NJ-6) Senate Version: S.2142 - A bill to reauthorize the National Flood Insurance Program, and for other purposes. (Bob Menendez, D-NJ) S.2104 - A bill to amend the Federal Crop Insurance Act to allow for the separation of enterprise units by continuous and fallow cropping systems. (Roger Marshall, R-KS) S.2108 - A bill to amend the National Flood Insurance Act of 1968 to require that certain information is made publicly available, and for other purposes. (Rick Scott, R-FL) S.2109 - A bill to ensure that Write Your Own companies can sell private flood insurance products that compete with National Flood Insurance Program products. (Rick Scott, R-FL) S.2110 - A bill to allow National Flood Insurance Program policyholders who leave the program to purchase a private insurance flood policy to return to the National Flood Insurance Program without penalty, and for other purposes. (Rick Scott, R-FL) S.2134 - A bill to amend the Federal Crop Insurance Act to require research and development regarding a policy to insure wine grapes against losses due to smoke exposure, and for other purposes. (Alex Padilla, D-CA) H.R.4686 - To establish a grace period for nonpayment of premiums for flood insurance coverage under the national flood insurance program until the Administrator of the Federal Emergency Management Agency implements the option for monthly payment of such premiums, and for other purposes. (Anna Paulina Luna, R-FL-13) Senate Version: S.2852 - A bill to establish a grace period for nonpayment of premiums for flood insurance coverage under the national flood insurance program until the Administrator of the Federal Emergency Management Agency implements the option for monthly payment of such premiums, and for other purposes. (Rick Scott, R-FL) H.R.4762 - To amend title 49, United States Code, to extend the non-premium war risk insurance program. (Rudy Yakym, R-IN-2) S.2391 - A bill to reauthorize the National Flood Insurance Program. (John Kennedy, R-LA) H.R.4888 - To require certain insurance companies to disclose investments and underwriting that relate to coal mining and oil and gas extraction and fossil fuel extraction, and for other purposes. (Adam Schiff, D-CA-30) S.2458 - A bill to amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers, and for other purposes. (Amy Klobuchar, D-MN) S.2523 - A bill to amend the Federal Crop Insurance Act to require certain membership on the Board of Directors of the Federal Crop Insurance Corporation. (Tommy Tuberville, R-AL) S.2541 - A bill to amend the Federal Crop Insurance Act to require the Federal Crop Insurance Corporation to conduct research and development on the inclusion of certain oilseed crops in double cropping policies, and for other purposes. (Tommy Tuberville, R-AL) S.2643 - A bill to amend the Federal Crop Insurance Act to modify eligibility for prevented planting insurance under certain drought conditions, and for other purposes. (Ben Ray Lujan, D-NM) H.R.5535 - Insurance Data Protection Act (Scott Fitzgerald, R-WI-5) Senate Version: S.3349 - A bill to prohibit the Federal Insurance Office of the Department of the Treasury and other financial regulators from collecting data directly from an insurance company. (Katie Britt, R-AL) H.R.5828 - To reauthorize the National Flood Insurance Program. (Andrew Garbarino, R-NY-2) H.R.5843 - To temporarily extend the National Flood Insurance Program. (Clay Higgins, R-LA-3) S.2968 - A bill to reauthorize the National Flood Insurance Program. (John Kennedy, R-LA) H.R.5992 - To amend the Federal Crop Insurance Act to modify eligibility for prevented planting insurance under certain drought conditions, and for other purposes. (Josh Harder, D-CA-9) H.R.6082 - To amend the National Flood Insurance Act of 1968 to establish a pilot program to increase the allowable amounts of advance payments under the National Flood Insurance Program, and for other purposes. (Andrew Garbarino, R-NY-2) Senate Version: S.3153 - A bill to amend the National Flood Insurance Act of 1968 to establish a pilot program to increase the allowable amounts of advance payments under the National Flood Insurance Program, and for other purposes. (John Kennedy, R-LA) H.R.6186 - To amend the Federal Crop Insurance Act to direct the Federal Crop Insurance Corporation to conduct research and development on frost or cold weather insurance, and for other purposes. (Scott Franklin, R-FL-18) H.R.6304 - To increase coverage under the National Flood Insurance Program for costs of compliance, and for other purposes. (Nick LaLota, R-NY-1) S.3253 - A bill to amend the Federal Crop Insurance Act to require research and development on frost or cold weather insurance, and for other purposes. (Marco Rubio, R-FL) S.3270 - A bill to amend the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994 to establish a budgetary Tribal Government consultation process at the Department of Agriculture, and for other purposes. (Mike Rounds, R-SD) H.R.6944 - To require the Secretary of the Treasury to establish a catastrophic property loss reinsurance program, and for other purposes. (Adam Schiff, D-CA-30) H.R.7000 - To amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes. (Bryan Steil, R-WI-1) Senate Version: S.3592 - A bill to amend the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection with respect to persons regulated by a State insurance regulator, and for other purposes. (Tim Scott, R-SC) S.3650 - A bill to amend the Biggert-Waters Flood Insurance Reform Act of 2012 to improve mapping under the National Flood Insurance Program, and for other purposes. (Marco Rubio, R-FL) H.R.7462 - To require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes. (Maxine Waters, D-CA-43) H.R.7537 - To provide for the disclosure and sharing of certain policy and claims information under the National Flood Insurance Program, and for other purposes. (Madeleine Dean, D-PA-4) S.4081 - A bill to amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes. (John Hoeven, R-ND) House Version: H.R.8350 - To amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes. (Brad Finstad, R-MN-1) S.4143 - A bill to amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums. (Rick Scott, R-FL) House Version: H.R.8102 - To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums. (Byron Donalds, R-FL-19) H.R.8637 - To make protection against damage and loss resulting from the erosion and undermining of shorelines available under the National Flood Insurance Program, and for other purposes. (Greg Murphy, R-NC-3) S.4740 - A bill to amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets. (Thom Tillis, R-NC) S.4772 - A bill to reauthorize the National Flood Insurance Program. (John Kennedy, R-LA) S.4934 - A bill to amend the Internal Revenue Code of 1986 to create an above the line deduction for certain homeowners insurance premiums. (Rick Scott, R-FL) House Version: H.R.9411 - To amend the Internal Revenue Code of 1986 to create an above the line deduction for certain homeowners insurance premiums. (Gus Bilirakis, R-FL-12) S.4969 - A bill to require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes. (Martin Heinrich, D-NM) H.R.9414 - To require the Administrator of the Federal Emergency Management Agency to establish a community-based flood insurance pilot program, and for other purposes. (Andrew Garbarino, R-NY-12) H.R.9726 - To require the Administrator of the Federal Emergency Management Agency to develop a flood insurance information tool, and for other purposes. (Matt Cartwright, D-PA-8) S.5104 - A bill to amend the Federal Crop Insurance Act to reduce Federal spending on crop insurance, and for other purposes. (Jeanne Shaheen, D-NH)

Client expense: $440,000 · Firm income: Not reported

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

General tax issues related to the business of insurance and insurance products, taxation of life insurer reserves, and deferred acquisition costs; tax treatment of paid sick and family medical leave benefits. Current law tax exclusion for employer provided benefits. S.3680, H.R. 8860 - Paid Family and Medical Leave Tax Credit Extensions and Enhancement Act: Issues related to the eligibility for the credit of certain employers and types of qualifying leave benefits. H.R. 5707, S.4740 - Secure Family Futures Act. ISSUE: Treatment of life insurer held bonds.

Client expense: $460,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5707, Secure Family Futures Act of 2023, all provisions; S. 4740, Secure Family Futures Act of 2024, all provisions; issues related to international tax reform; issues related to paid family medical leave, and tax credit; issues related to extension/permanence of Fischer tax credit -- Internal Revenue Codesect. 45S of TCJA (P.L. 115-97).

Client expense: $300,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 515 - Protecting American Savers and Retirees Act; entire bill H.R. 5707 - Secure Family Futures Act of 2023; entire bill S. 413 - Stock Buyback Accountability Act of 2023; entire bill S. 4740 - The Secure Family Futures Act of 2024; entire bill Not Yet Introduced: Secure 2.0 Technical Corrections Act tax provisions

Client expense: $270,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Educate Congressional staff on taxation of life insurance company related to company and product taxation, tax proposals regarding retirement security. Lobbied on life insurance related tax provisions in proposed legislation. Lobbied in support of HR 5707 and S. 4740, the Secure Family Futures Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Treaty Document 112-8: bilateral tax treaty with Chile HR 5707 Secure Family Futures Act Summary is in progress. To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets. HR 7024 Tax Relief for American Families and Workers Act. To make improvements to the child tax credit, to provide tax incentives to promote economic growth, to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States, to provide tax relief with respect to certain Federal disasters, to make improvements to the low-income housing tax credit, and for other purposes. HR 8435 Summary in process. To amend the Internal Revenue Code of 1986 to treat certain price protection payments as eligible rollover distributions, and for other purposes. HR 8860 A legislative analyst in the Congressional Research Service will begin analyzing this legislation after text becomes available. To amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes. Issues Related to Paid Family and Medical Leave S3680 Paid Family and Medical Leave Tax Credit Extension and Enhancement Act: This bill modifies the employer tax credit for paid family and medical leave. Specifically, the bill (1) makes such credit permanent, (2) allows the credit in states or localities that either mandate or do not mandate paid family and medical leave, (3) allows employers to claim the credit for a portion of their paid family leave insurance premiums, (4) reduces the minimum employment period eligibility requirement, and (5) requires the Small Business Administration and the Internal Revenue Service to conduct targeted outreach to employers and other relevant parties regarding the availability and requirements of the credit. S4740 Secure Family Futures Act of 2024 - Summary is in progress. To amend the Internal Revenue Code of 1986 to exclude debt held by certain insurance companies from capital assets.

Client expense: $452,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE