2nd Quarter - Report

MERCURY STRATEGIES, LLC for VERIZON COMMUNICATIONS INC AND ITS SUBSIDIARIES

Firm
Client
Income
$50,000
Expenses
—

What was lobbied

2 issue areas, each in the filer's own words, with who lobbied on it and where.

Taxation/Internal Revenue Code TAX

General lobbying on the following issues: 100% expensing of bonus depreciation, research and experimentation costs, and dividend taxation; book minimum tax treatment of spectrum; corporate income tax rates and credits; corporate alternative minimum tax guidance; dividend taxation; and interest tax deduction limitation under 163(j) of the I.R.C. Lobbying on the following specific legislation: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act (all provisions); S. 866 - American Innovation and Jobs Act and H.R. 2673 - American Innovation and Jobs Act (Spectrum and BEAD Program issues); S. 1117/H.R. 2406 - Accelerate Long-Term Investment Growth Now Act (ALIGN Act); S. 1232/H.R. 2788 - American Investment in Manufacturing (AIM) Act (provisions related to corporate interest deductibility); H.R. 220 - Advanced Aviation Act (corporate tax rate provisions); H.R. 2673 - American Innovation and R&D Competitiveness Act of 2023 (provisions related to research and development expensing); H.R. 3938 - Build It In America Act (extension of full expensing, R&D expensing and corporate tax deductibility). H.R. 7024 -- Tax Relief for American Families and Workers Act (full expensing of R&E expenses; and EBITA, rather than EBIT, limits on interest deductions).

LobbyistCovered position, as disclosed
ANDREW J FIELDS —
JAMES F GREEN —
ANNE-MARIE KELLEY —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 889 (118th), S. 341 (118th), H.R. 3938 (118th), H.R. 2406 (118th), H.R. 7024 (118th), H.R. 2788 (118th), H.R. 220 (118th), H.R. 2673 (118th), S. 1232 (118th), S. 866 (118th), S. 1117 (118th)

Telecommunications TEC

General lobbying on the following issues: access and siting of radios on the grounds of the US Capitol; Universal Service Fund oversight and reform; spectrum pipeline; 5G deployment; NTIAs National Spectrum Strategy; pole attachments; FirstNet oversight; public safety communications; 4.9 Ghz and wireless emergency alerts; Affordable Connectivity Program (ACP) and additional funding; rural broadband; data privacy protection and comprehensive federal privacy policy; broadband regulation; NTIA oversight and implementation of the BEAD program. Lobbying on the following Bills: S. 3565 - Affordable Connectivity Program Funding Extension Act of 2024; S. 3909 - Spectrum Pipeline Act of 2024; S. 4049 - Supporting National Security With Spectrum Act (provisions related to FCC Rip and Replace program); S. 4207 - Spectrum and National Security Act of 2024 (all provisions); S. 4638 - National Defense Authorization Act of 2025 (provisions related to spectrum, supply chain, and 5G on military bases); S.J. Res. 64: Providing for congressional disapproval, under chapter 8 of Title 5 of the U.S. Code, of the rule submitted by the FCC related to the Infrastructure Investment and Jobs Act: Prevention and Elimination of Digital Discrimination (provisions to the FCCs digital discrimination rules); H.R. 6929 - Affordable Connectivity Program Funding Extension Act of 2024; H.R. 7891 - Kids Online Safety Act (provisions related to covered entities); H.R. 8070 - Servicemember Quality of Life Improvement and Defense Authorization Act of for Fiscal Year 2025 (provisions related to spectrum, supply chain, and 5G on military bases); H.R. 8466 - Affordable Connectivity Program Improvement and Extension Act of 2024 (provisions related to broadband affordability); H.R. 8818 - American Privacy Rights Act of 2024 (provisions related to privacy and data security); H.J. Res. 107 - Providing for congressional disapproval, under chapter 8 of Title 5 of the U.S. Code, of the rule submitted by the FCC related to The Infrastructure Investment and Jobs Act: Prevention and Elimination of Digital Discrimination (provisions related to the FCCs digital discrimination rules); H.J. Res 153 - Providing for congressional disapproval under chapter 8 of Title 5 of the U.S. Code, of the rule submitted by The FCC related to the Infrastructure Investment and Jobs Act: Prevention and Elimination of Digital Discrimination (provisions related to the FCCs Open Internet Rule); and PL 118-31 (H.R. 2670): National Defense Authorization Act for Fiscal Year 2024 (provisions related to spectrum and wireless radio access networks).

LobbyistCovered position, as disclosed
ANDREW J FIELDS —
JAMES F GREEN —

Contacted: HOUSE OF REPRESENTATIVES; SENATE; Federal Communications Commission (FCC)

Bills named: H.J.Res. 153 (118th), H.R. 2670 (118th), S. 3565 (118th), S.J.Res. 64 (118th), S. 4638 (118th), H.R. 8818 (118th), H.J.Res. 107 (118th), S. 4049 (118th), H.R. 6929 (118th), H.R. 8070 (118th), H.R. 7891 (118th), H.R. 8466 (118th), S. 3909 (118th), S. 4207 (118th)

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.