TIAA for TIAA

Education EDU

HR 890/S 486 – Student Loan Sunshine Act; HR 2669 – College Cost Reduction Act; S1642 – Higher Education Amendments of 2007; budget proposals regarding 529 college savings plans; Free Application for Federal Student Aid asset language pertaining to college savings accounts; HR 2272/S 761 America COMPETES Act

Contacted: Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; SENATE; Treasury, Dept of; Labor, Dept of (DOL); Federal Reserve System; State, Dept of (DOS); Commerce, Dept of (DOC); White House Office; Office of Management & Budget (OMB); Education, Dept of

Bills named: H.R. 2272 (110th), H.R. 890 (110th), H.R. 2669 (110th)

Insurance INS

HR 2761 – Terrorism Risk Insurance & Extension Act of 2007; S 40 – National Insurance Act of 2007; optional federal charter

Contacted: Federal Reserve System; HOUSE OF REPRESENTATIVES; State, Dept of (DOS); SENATE; Securities & Exchange Commission (SEC); Treasury, Dept of; Labor, Dept of (DOL); Education, Dept of; Office of Management & Budget (OMB); Commerce, Dept of (DOC); White House Office

Bills named: H.R. 2761 (110th)

Financial Institutions/Investments/Securities FIN

S 970 – To impose sanctions on Iran and on Russia for assisting Iran in developing a nuclear program. HR 1427 – Federal Housing Finance Reform Act HR 556 – National Security Foreign Investment Reform & Strengthened Transparency Act of 2007 HR 1508 – Compete Act of 2007 HR 2586 – Securities & Exchange Commission Authority Restoration Act of 2007 HR 1400 – To enhance United States diplomatic efforts with respect to Iran by imposing additional economic sanctions against Iran HR 2206 - A bill making emergency supplemental appropriations for the fiscal year ending September 30, 2007, and for other purposes HR 1257 - Shareholder Vote on Executive Compensation Act S 1181 - Shareholder Vote on Executive Compensation Act Regulation R guidance (File No. S7-22-06/Docket No. R-1274) S 1430/HR 2347 – To authorize State and local governments to direct divestment from, and prevent investment in, companies with investments of $20,000,000 or more in Iran’s energy sector; HR 180 – To require the identification of companies that conduct business operations in Sudan, to prohibit United State Government contracts with such companies; 401(k) fee disclosure

Contacted: SENATE; White House Office; State, Dept of (DOS); Commerce, Dept of (DOC); Education, Dept of; Treasury, Dept of; Labor, Dept of (DOL); HOUSE OF REPRESENTATIVES; Federal Reserve System; Securities & Exchange Commission (SEC); Office of Management & Budget (OMB)

Bills named: H.R. 1427 (110th), H.R. 1257 (110th), H.R. 2206 (110th), H.R. 1508 (110th), H.R. 556 (110th), H.R. 2586 (110th), H.R. 1400 (110th), H.R. 180 (110th), H.R. 2347 (110th)

Taxation/Internal Revenue Code TAX

S 1624 – A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services. Tax treatment of 529 college savings plans HR 878/S 601 - Simplification through additional Reporting Act; HR 2834 – To amend the IRS Code of 1986 to treat income received by partners for performing investment management services as ordinary income received for the performance of services; S 681 - Stop Tax Haven Abuse Act; HR 2136 - Stop Tax Haven Abuse Act; HR 2 - Fair Minimum Wage Act of 2007; S 2 - Fair Minimum Wage Act of 2007; S 347 Minimum Wage Act of 2007; carried interest; education and college savings tax issues

Contacted: Federal Reserve System; Education, Dept of; HOUSE OF REPRESENTATIVES; Labor, Dept of (DOL); Office of Management & Budget (OMB); Commerce, Dept of (DOC); White House Office; Treasury, Dept of; State, Dept of (DOS); Securities & Exchange Commission (SEC); SENATE

Bills named: H.R. 878 (110th), H.R. 2136 (110th), H.R. 2834 (110th), H.R. 2 (110th)

Retirement RET

HR 2167/S 1141 – Automatic IRA Act of 2007; HR 1419/S 819 – Public Good IRA Rollover Act of 2007; S 1288 – Women’s Retirement Security Act of 2007; 403 (b) regulatory guidance; Pension reform technical corrections; S 1010 - Retirement Security of Life Act of 2007; Department of Labor proposed revisions to Form 5500 (RIN 1210-AB06); Retiree healthcare issues; default investment; investment advice

Contacted: Office of Management & Budget (OMB); Federal Reserve System; State, Dept of (DOS); White House Office; Securities & Exchange Commission (SEC); Labor, Dept of (DOL); HOUSE OF REPRESENTATIVES; Treasury, Dept of; Education, Dept of; Commerce, Dept of (DOC); SENATE

Bills named: H.R. 2167 (110th), H.R. 1419 (110th)