NATIONAL VENTURE CAPITAL ASSOCIATION for NATIONAL VENTURE CAPITAL ASSOCIATION

Health Issues HCR

Drug pricing issues; CMS reimbursement including Medicare coverage of innovative technology; implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Advanced Research Project Agency- Health.

Contacted: Centers For Medicare and Medicaid Services (CMS); White House Office; SENATE; HOUSE OF REPRESENTATIVES; Health & Human Services, Dept of (HHS); Food & Drug Administration (FDA)

Bills named: H.R. 5376 (119th)

Copyright/Patent/Trademark CPT

Intellectual property issues that impact startups.

Contacted: Patent & Trademark Office (PTO); SENATE; White House Office; Natl Institute of Standards & Technology (NIST); HOUSE OF REPRESENTATIVES

Taxation/Internal Revenue Code TAX

Capital gains tax policy, including carried interest; Qualified Small Business Stock; Stock options; Partnership tax policy; R&D credit expensing; American Innovation and R&D Competitiveness Act H.R.1990; Tax Cuts and Jobs Act H.R.1; Climate and energy tax issues, including production and investment tax credits and Section 45Q; Implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Small Business Jobs Act H.R.3937; Build It In America Act H.R.3938.

Contacted: Treasury, Dept of; HOUSE OF REPRESENTATIVES; SENATE; Internal Revenue Service (IRS); White House Office

Bills named: H.R. 1990 (119th), H.R. 1 (119th), H.R. 3937 (119th), H.R. 5376 (119th), H.R. 3938 (119th)

Banking BAN

Engagement with SEC on regulatory proposals including Special Purpose Acquisition Companies, Shell Companies, and Projections proposal, Private Fund Advisers, Safeguarding Rule proposal, Documentation of Registered Investment Adviser Compliance Reviews proposal, issues around Regulation D, and Modernization of Beneficial Ownership Reporting proposal; Small capitalization company capital formation issues; Disclosure of material short positions; Issues related to improving research coverage for small companies; Implementation of the Foreign Investment Risk Review Modernization Act; Blockchain regulatory and policy issues; JOBS Act 4.0; Developing and Empowering our Aspiring Leaders (DEAL) Act; Improving Capital Allocation for Newcomers (ICAN) Act; foreign outbound investment restrictions; FinCEN proposed rule on Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers.

Contacted: HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Treasury, Dept of; Office of the Comptroller of the Currency (OCC); Federal Reserve System; SENATE; Financial Crimes Enforcement Network (FinCEN); White House Office; Commodity Futures Trading Commission (CFTC); Defense, Dept of (DOD)

Immigration IMM

Creation of a Startup Visa; International Entrepreneur Rule; H-1B Visas.

Contacted: Homeland Security, Dept of (DHS); HOUSE OF REPRESENTATIVES; SENATE; White House Office

Telecommunications TEC

Antitrust and competition policy impacting startups; FTC rulemaking on Hart-Scott-Rodino premerger notification program; FTC-DOJ Merger Guidelines.

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Federal Communications Commission (FCC); White House Office; Federal Trade Commission (FTC); Commerce, Dept of (DOC)

Energy/Nuclear ENG

Implementation issues around the Inflation Reduction Act (H.R.5376) Public Law No. 117-169 and the Infrastructure Investment and Jobs Act H.R.3684; Energy tax credits; Energy permitting reform; ARPA-E.

Contacted: HOUSE OF REPRESENTATIVES; White House Office; SENATE; Energy, Dept of; Office of Science & Technology Policy (OSTP)

Bills named: H.R. 5376 (119th), H.R. 3684 (119th)

Science/Technology SCI

Basic research funding and technology commercialization issues; Artificial Intelligence policy issues, including development of a U.S. AI Action Plan; CREATE AI Act H.R.2385; Implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Implementation of Infrastructure Investment and Jobs Act H.R.3684; Implementation of CHIPS and Science Act H.R.4346 TIP Directorate and program appropriations.

Contacted: Natl Science Foundation (NSF); Small Business Administration (SBA); HOUSE OF REPRESENTATIVES; Commerce, Dept of (DOC); Office of Science & Technology Policy (OSTP); Energy, Dept of; SENATE

Bills named: H.R. 3684 (119th), H.R. 5376 (119th), H.R. 2385 (119th), H.R. 4346 (119th)

Small Business SMB

SBIR/STTR reauthorization; implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; creation of an SBIC accrual debenture license for critical technology investment funds; 7(a) affiliation rulemaking.

Contacted: SENATE; Treasury, Dept of; Defense, Dept of (DOD); White House Office; Small Business Administration (SBA); HOUSE OF REPRESENTATIVES

Bills named: H.R. 5376 (119th)

Agriculture AGR

Inflation Reduction Act (H.R.5376) Public Law No. 117-169 implementation.

Contacted: Agriculture, Dept of (USDA); SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 5376 (119th)

Homeland Security HOM

Implementation of Infrastructure Investment and Jobs Act H.R.3684.

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 3684 (119th)

Labor Issues/Antitrust/Workplace LBR

Issues related to diversity and inclusion in the venture capital workforce; issues related to workforce development and implementation of Inflation Reduction Act (H.R.5376) Public Law No. 117-169, the Infrastructure Investment and Jobs Act H.R.3684, and the CHIPS and Science Act H.R.4346.

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Natl Science Foundation (NSF); Commerce, Dept of (DOC)

Bills named: H.R. 3684 (119th), H.R. 5376 (119th), H.R. 4346 (119th)

Trade (domestic/foreign) TRD

Monitor updated export control regulations.

Contacted: HOUSE OF REPRESENTATIVES; SENATE