AMERICAN COUNCIL OF LIFE INSURERS for AMERICAN COUNCIL OF LIFE INSURERS
What was lobbied
6 issue areas, each in the filer's own words, with who lobbied on it and where.
Financial Institutions/Investments/Securities FIN
Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions.H.R. 2140, the Insurance Capital and Accounting Standards Act of 2013. Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) and the Home Owners' Loan Act to make minimum leverage and risk-based capital requirements governing insurance companies under the state law also apply to insurance companies that are either depository holding companies or subsidiaries of depository holding companies. Issue: Capital Standards, Basel III H.R. 1062, SEC Regulatory Accountability Act. Issue: SEC Rulemaking, Cost-Benefit Analysis, Derivatives H.AMDT.64 to H.R. 1062, Amendment expresses the sense of Congress that rules adopted by the Public Company Accounting Oversight Board (PCAOB) comply with the same standards required of the SEC. It also requires the SEC to ensure that any rules adopted by the Municipal Securities Rulemaking Board (MSRB), and other national securities associations comply with the standards set forth in the bill. Issue: FINRA, Securities Rulemaking H.R. 1564, the Audit Integrity and Job Protection Act. Amends the Sarbanes-Oxley Act of 2002 (SOX) to deny the Public Company Accounting Oversight Board any authority to require that audits conducted for a particular issuer of securities in accordance with SOX standards be conducted by specific auditors, or that such audits be conducted for an issuer by different auditors on a rotating basis. Issue: Mandatory Auditor Rotation H.R. 2374, the Retail Investor Protection Act. To amend the Securities Exchange Act of 1934 to provide protections for retail customers, and for other purposes. Issue: Fiduciary Duties S. 731, the Basel III CASE Act. Directs the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency, before issuing any final rule in relation to proposals they have issued for the International Basel III agreement on general risk-based capital requirements, to conduct an empirical study that includes: (1) a quantitative analysis of the rule's impact on the U.S. financial services sector, specifically community, mid-size, and regional financial institutions; and (2) a determination of the long-term impact of the rule, including changes to the current risk weight framework. Issue: Capital Standards for Community Banks H.R 2547, the Determination of Appropriate Risk-Based Capital Requirements for Community Financial Institutions Act of 2013. To determine appropriate risk based capital requirements for community, mid-size, and regional institutions. Issue: Capital Standards for Community Banks S. 798, TBTF Act. Requires federal banking agencies to establish capital requirements for the ratio of equity capital to total consolidated assets for all financial institutions. Issue: Capital Standards S. 1369, a bill to provide additional flexibility to the Board of Governors of the Federal Reserve System to establish capital standards that are properly tailored to the unique characteristics of the business of insurance. Issue: Capital Standards S. 1526, The Audit Integrity and Job Protection Act, to prevent the Public Company Accounting Oversight Board (PCAOB) from requiring public companies to use a specific auditor or to change auditors on a rotating basis. Issue: Mandatory Auditor Rotation H.R. 2733, Defending American Taxpayers From Abusive Government Takings Act of 2013 to prohibit Fannie Mae and Freddie Mac from purchasing, the FHA from insuring, and the Department of Agriculture from guaranteeing, making, or insuring, a mortgage that is secured by a residence or residential structure located in a county in which the State has used the power of eminent domain to take a residential mortgage. Issue: Mortgage InvestmentsH.R. 2767, the Protect American Taxpayers & Homeowners (PATH) Act. Issue: Mortgage Investments and Government Sponsored Enterprises/Federal Home Loan Banks Draft H.AMDT to HR 2610, Transportation, Housing & Urban Development Appropriations, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments Tracking: H.R. 634, the Business Risk Mitigation and Price Stabilization Act of 2013. Issue: Derivatives, DFA Title VII H.R. 677, the Inter-Affiliate Swap Clarification Act. Issue: Derivatives, DFA Title VII H.R. 742, the Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013. Issue: Derivatives, DFA Title VII H.R. 992, the Swaps Regulatory Improvement Act. Issue: Derivatives, DFA Title VII H.R. 1256, the Swap Jurisdiction Certainty Act. Issue: Derivatives, DFA Title VII H.R. 1341, the Financial Competitive Act of 2013. Issue: Derivatives, DFA Title VII H.R. 2295, the Basel III CASE Act. Directs the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency, before issuing any final rule in relation to proposals they have issued for the International Basel III agreement on general risk-based capital requirements, to conduct an empirical study that includes: (1) a quantitative analysis of the rule's impact on the U.S. financial services sector, specifically community, mid-size, and regional financial institutions; and (2) a determination of the long-term impact of the rule, including changes to the current risk weight framework. Issue: Capital Standards for Community Banks
| Lobbyist | Covered position, as disclosed |
|---|---|
| KIMBERLY DORGAN | — |
| GARY HUGHES | — |
| DIRK KEMPTHORNE | — |
| DAVID LEIFER | — |
| MAURICE PERKINS | — |
| SEAVER SOWERS | — |
| JULIE SPIEZIO | — |
| IAN STEGER New | — |
Retirement RET
S. 676: Identity Theft and Tax Fraud Prevention Act of 2013. Issue: Death Master File. S. Con. Res. 12: Resolution on Retirement Savings Incentives. Issue: retirement security.H.R. 837: Savings for American Families' Future Act of 2013. Issue: retirement security. H.R. 466 Social Security Death Master File Privacy Act. Issue: restrict access to Social Security Death Master File. H.J. Res 59 (Public Law 113-67) Bipartisan Budget Act of 2013. Issue: Social Security Death Master File S. 606 Shrinking Emergency Account Losses Act. Issue: limits borrowing from 401(k) plan. H.R. 2035: Automatic IRA Act of 2013. Issue: retirement security H.R. 2117: Retirement Plan Simplification and Enhancement Act of 2013. Issue: retirement security H.R. 837: Saving for American Families Future Act of 2013. Issue: Savers credit enhancement S. 1145/H.R. 2171: Lifetime Income Disclosure Act. Issue: lifetime income illustration S. 1270: Secure Annuities for Employee (SAFE) Act. Issue: retirement security H.R. 8 The American Taxpayer Relief Act of 2012. Issue: Long-Term Care, repeal of the CLASS Act, LTC Commission H.R. 2720, the Alexis Agin Identity Theft Protection Act of 2013. Issue: Death Master File.
| Lobbyist | Covered position, as disclosed |
|---|---|
| ALANE DENT | — |
| KIMBERLY DORGAN | — |
| JOHN DULMES | — |
| DIRK KEMPTHORNE | — |
| MAURICE PERKINS | — |
| GAIL HOEFLICH STEINBERG | — |
Insurance INS
Public Law 111-203, H.R. 4173- Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions.H.R. 508, Terrorism Risk Insurance Act of 2002 Reauthorization Act of 2013. Amends the Terrorism Risk Insurance Act of 2002 to extend the Terrorism Insurance Program until December 31, 2019 (under current law the Program expires on December 31, 2014). Issue: Terrorism Insurance H.R. 911, Competitive Health Insurance Reform Act of 201. Issue: McCarran-Ferguson Act Issues H.R. 2140, Insurance Capital and Accounting Standards Act of 2013. Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) and the Home Owners' Loan Act to make minimum leverage and risk-based capital requirements governing insurance companies under the state law also apply to insurance companies that are either depository holding companies or subsidiaries of depository holding companies. Issue: Capital Standards, Basel III H.R. 2374, the Retail Investor Protection Act. To amend the Securities Exchange Act of 1934 to provide protections for retail customers, and for other purposes. Issue: Fiduciary Duties S. 798, TBTF Act. Requires federal banking agencies to establish capital requirements for the ratio of equity capital to total consolidated assets for all financial institutions. Issue: Capital Standards S. ____, Draft bill pertaining to insurance capital standards under Basel III rules. Issue: Capital Standards, Basel III H.R. 3121, American Health Care Reform Act of 2013. Issue: McCarran-Ferguson Act issues. Tracking: H.R. 1155, National Association of Registered Agents and Brokers Reform Act of 2013. Amends the Gramm-Leach-Bliley Act to repeal the contingent conditions under which the National Association of Registered Agents and Brokers (NARAB) shall not be established. Reestablishes the NARAB without contingent conditions as a nonprofit corporation to prescribe, on a multi-state basis, licensing and insurance producer qualification requirements and conditions. Issue: Agent Licensing S. 534, National Association of Registered Agents and Brokers Reform Act of 2013. Amends the Gramm-Leach-Bliley Act to repeal the contingent conditions under which the National Association of Registered Agents and Brokers (NARAB) shall not be established. Reestablishes the NARAB without contingent conditions as a nonprofit corporation to prescribe, on a multi-state basis, licensing and insurance producer qualification requirements and conditions. Issue: Agent Licensing
| Lobbyist | Covered position, as disclosed |
|---|---|
| KIMBERLY DORGAN | — |
| GARY HUGHES | — |
| DIRK KEMPTHORNE | — |
| DAVID LEIFER | — |
| MAURICE PERKINS | — |
| SEAVER SOWERS | — |
| JULIE SPIEZIO | — |
| IAN STEGER New | — |
Trade (domestic/foreign) TRD
S 1114: Currency Exchange Rate Oversight Reform Act of 2013. Issue: Currency manipulation in the international market place.
| Lobbyist | Covered position, as disclosed |
|---|---|
| KIMBERLY DORGAN | — |
| DIRK KEMPTHORNE | — |
| MAURICE PERKINS | — |
| IAN STEGER New | — |
| DIANNE SULLIVAN | — |
Taxation/Internal Revenue Code TAX
H.R. 1129: Mobile Workforce State Income Tax Simplification Act of 2013. ISSUE: Withholding from multi state employees.Tax matters relating to life insurance as proposed in the Presidents FY2014 Budget Proposal, Treasury Greenbook, proposals as regards the fiscal cliff including but not limited to: oModify dividends-received deduction ("DRD") for life insurance company separate accounts ISSUE: Taxation of life insurance companies oExpand pro rata interest expense disallowance for interest unrelated corporate-owned life insurance ISSUE: Taxation of the business use of life insurance oModify Rules that apply to sales of life insurance contracts ISSUE: The compliance burden and accuracy for life insurance companies oApplication of a Fiscal Crisis Responsibility Fee on to life insurance companies ISSUE: Taxation life insurance companies and products. Tax Reform discussion drafts released and written by the staff of Senate Finance Committee. ISSUE: Taxation of the business use of life insurance H.R. 1: Tax Reform Bill. ISSUE: Taxation of life insurance companies and products.
| Lobbyist | Covered position, as disclosed |
|---|---|
| KIMBERLY DORGAN | — |
| JOHN DULMES | — |
| MORRIS GOFF | — |
| DIRK KEMPTHORNE | — |
| MAURICE PERKINS | — |
Consumer Issues/Safety/Products CSP
Public Law 111-203, H.R. 4173- Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform.H.R. 624 - Cyber Intelligence Sharing and Protection Act. Issue: Cybersecurity and Privacy S. 1193 Data Security and Breach Notification Act. To require certain entities that collect and maintain personal information of individuals to secure such information and to provide notice to such individuals in the case of a breach of security involving such information, and for other purposes. Issue: Privacy H.R. 1468 SECURE IT. Authorizes private entities to employ countermeasures and use cybersecurity systems to obtain, identify, or possess cyber threat information on its own networks or the networks of another entity with such entity's authorization. Issue: Cybersecurity and Privacy S. 1353, the Cybersecurity Act of 2013. To provide for a voluntary public-private partnership to improve cybersecurity, and to strengthen cybersecurity research and development, workforce development and education, and public awareness and preparedness. Issue: Cybersecurity and Privacy H.R. ____, Draft legislation authorizing the federal government to designate critical infrastructure sectors, develop voluntary standards and practices for cybersecurity, and work with private sector coordinating councils and Information Sharing and Analysis Centers (ISACs). Issue: Cybersecurity and Privacy. H.R. 3696, the National Cybersecurity and Critical Infrastructure Protection Act of 2013. Issue: cybersecurity and privacy
| Lobbyist | Covered position, as disclosed |
|---|---|
| KIMBERLY DORGAN | — |
| GARY HUGHES | — |
| DIRK KEMPTHORNE | — |
| DAVID LEIFER | — |
| MAURICE PERKINS | — |
| SEAVER SOWERS | — |
| JULIE SPIEZIO | — |
| IAN STEGER New | — |
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.