KPMG LLP for KPMG LLP

Labor Issues/Antitrust/Workplace LBR

Working Families Flexibility Act of 2013, HR 1406

Contacted: Internal Revenue Service (IRS); SENATE; HOUSE OF REPRESENTATIVES; Government Accountability Office (GAO); Securities & Exchange Commission (SEC)

Bills named: H.R. 1406 (113th)

Banking BAN

H.R. 3317 (Holding Individuals Accountable and Deterring Money Laundering Act)

Contacted: Government Accountability Office (GAO); SENATE; Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC)

Bills named: H.R. 3317 (113th)

Accounting ACC

Revision of Sarbanes-Oxley rules on disclosure of disciplinary proceedings; Revisions to the JOBS Act, including mandatory audit firm rotation; Auditor liability; Audit Integrity and Job Protection Act, HR 1564/S 1526 PCAOB Enforcement Transparency Act of 2013, S 848 CLEAR Relief Act of 2013, HR 1750 S 1526 (Audit Integrity and Job Protection Act)

Contacted: Government Accountability Office (GAO); Securities & Exchange Commission (SEC); SENATE; Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES

Bills named: H.R. 1564 (113th), H.R. 1750 (113th)

Financial Institutions/Investments/Securities FIN

Regulation of Municipal Advisors, H.R. 707; SEC Regulatory Accountability Act, H.R. 1062. Municipal Advisory Relief Act of 2013, S. 710

Contacted: Internal Revenue Service (IRS); SENATE; Government Accountability Office (GAO); Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES

Bills named: S. 710 (113th), H.R. 1062 (113th), H.R. 707 (113th)

Retirement RET

Draft bill by Cong. Nunes/Burr regarding Public Employee Pension Transparency; Definition of fiduciary, S. 273. Appraisals of ESOPs, DOL Fiduciary Rule, S. 273/HR 2041.

Contacted: Government Accountability Office (GAO); HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Internal Revenue Service (IRS); SENATE

Bills named: S. 273 (113th), H.R. 2041 (113th)

Taxation/Internal Revenue Code TAX

Tax Reform: Accounting method changes for tax purposes (cash vs. accrual) in House Ways and Means Committee draft Tax Reform Act of 2014, small business pass-through tax reform; ( information reporting by applicable large employers on health insurance coverage offered under employer-sponsored plans, and information reporting of minimum essential coverage) Mobile workforce, H.R. 1129. Chairman Baucus' tax reform discussion drafts on Tax Administration, Cost Recovery & Accounting; and International tax reform

Contacted: Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; Internal Revenue Service (IRS); SENATE; Government Accountability Office (GAO)

Bills named: H.R. 1129 (113th)

Immigration IMM

Adding accounting under STEM; Increase H-1B cap; Uncap H-1B numbers for advanced degree holders; Add/roll over unused green card numbers available each year. Border Security Economic Opportunity and Immigration Modernization Act, S 744, HR 2131

Contacted: Securities & Exchange Commission (SEC); Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; SENATE; Government Accountability Office (GAO)

Bills named: H.R. 2131 (113th)