NATIONAL VENTURE CAPITAL ASSOCIATION for NATIONAL VENTURE CAPITAL ASSOCIATION

Trade (domestic/foreign) TRD

Monitor updated export control regulations.

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Taxation/Internal Revenue Code TAX

Capital gains tax policy, including carried interest; Qualified Small Business Stock; Stock options; Partnership tax policy; Tax assets issues including net operating loss carryforwards and R&D credit; American Innovation & Jobs Act S.866; American Innovation Act H.R.368; 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.

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

Bills named: H.R. 5376 (118th), H.R. 368 (118th), S. 866 (118th)

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 including the Keep Innovation in America Act H.R.1414; JOBS Act 4.0; Developing and Empowering our Aspiring Leaders (DEAL) Act; Improving Capital Allocation for Newcomers (ICAN) Act; foreign outbound investment restrictions.

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

Bills named: H.R. 1414 (118th)

Immigration IMM

Let Immigrants Kickstart Employment Act H.R.4681; international entrepreneur rule.

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

Bills named: H.R. 4681 (118th)

Telecommunications TEC

Antitrust and competition policy impacting startups.

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

Energy/Nuclear ENG

Climate and sustainability policy issues, including energy tax issues; ARPA-E; 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.

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

Bills named: H.R. 3684 (118th), H.R. 5376 (118th)

Health Issues HCR

Drug pricing issues; CMS reimbursement including Medicare coverage of innovative technology; Ensuring Patient Access to Critical Breakthrough Products Act H.R.1691; implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Advanced Research Project Agency- Health.

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

Bills named: H.R. 1691 (118th), H.R. 5376 (118th)

Copyright/Patent/Trademark CPT

Intellectual property issues that impact startups.

Contacted: SENATE; White House Office; HOUSE OF REPRESENTATIVES; Patent & Trademark Office (PTO)

Science/Technology SCI

Basic research funding and technology commercialization issues; 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: Commerce, Dept of (DOC); Natl Science Foundation (NSF); Energy, Dept of; HOUSE OF REPRESENTATIVES; Small Business Administration (SBA); SENATE; Office of Science & Technology Policy (OSTP)

Bills named: H.R. 4346 (118th), H.R. 5376 (118th), H.R. 3684 (118th)

Small Business SMB

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

Bills named: H.R. 5376 (118th)

Agriculture AGR

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

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

Bills named: H.R. 5376 (118th)

Homeland Security HOM

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

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 3684 (118th)

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

Bills named: H.R. 5376 (118th), H.R. 3684 (118th), H.R. 4346 (118th)