FINANCIAL EXECUTIVES INTERNATIONAL for FINANCIAL EXECUTIVES INTERNATIONAL

Defense DEF

The National Defense Authorization Act, (S. 1197, H.R. 1960), various sections and amendments having to do with defense acquisitions, e.g., commercial items definition, allowable costs of compensation, limitations on cost type contracts, etc.

Contacted: Federal Reserve System; Treasury, Dept of; Securities & Exchange Commission (SEC); Pension Benefit Guaranty Corporation (PBGC); SENATE; Internal Revenue Service (IRS); Defense, Dept of (DOD); HOUSE OF REPRESENTATIVES; Federal Deposit Insurance Corporation (FDIC); Commodity Futures Trading Commission (CFTC)

Bills named: H.R. 1960 (113th), S. 1197 (113th)

Accounting ACC

Complexity in financial reporting; Auditor Liability; SEC's interpretive guidance; Accounting Standards (FASB & IASB); Convergence/International Financial Reporting Standards; Dodd-Frank Act; Hedge Accounting; Repeal of Last - In, First - Out (LIFO) accounting methodMoney Market Funds Reform; -The Volcker Rule H.R. 677, The Inter-Affiliate Swap Clarification Act; H.R. 634 and S.888 The Business Risk Mitigation and Price Stabilization Act.

Contacted: Treasury, Dept of; Pension Benefit Guaranty Corporation (PBGC); Federal Reserve System; Defense, Dept of (DOD); Internal Revenue Service (IRS); Federal Deposit Insurance Corporation (FDIC); HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC); SENATE; Securities & Exchange Commission (SEC)

Bills named: H.R. 634 (113th), H.R. 677 (113th), S. 888 (113th)

Financial Institutions/Investments/Securities FIN

Volcker rule; Proposed money market fund reforms; Dodd-Frank Act over-the-counter derivatives regulation; Dodd-Frank Title VII; Extra territoriality issues in swaps regulation; Too big to fail; H.R. 634 and S.888, The Business Risk Mitigation and Price Stabilization Act; H.R. 677, The Inter-Affiliate Swap Clarification Act

Contacted: Commodity Futures Trading Commission (CFTC); SENATE; Pension Benefit Guaranty Corporation (PBGC); Treasury, Dept of; Federal Reserve System; HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Internal Revenue Service (IRS); Defense, Dept of (DOD); Federal Deposit Insurance Corporation (FDIC)

Bills named: H.R. 677 (113th), H.R. 634 (113th), S. 888 (113th)

Taxation/Internal Revenue Code TAX

Corporate and individual rate reduction and reform; proposals to adopt a territorial tax system; enactment of expired individual and business tax provisions (i.e., the extenders package); estate tax H.R. 2429; S.1183; deductibility of interest; pension funding stabilization; PBGC premium increase; H.R. 1129 and S. 1645, the Mobile Workforce State Income Tax Simplification Act; preserving the tax treatment of employer-provided retirement plansRetirement savings tax incentives; Making research and development credit permanent Base erosion and profit shifting

Contacted: Defense, Dept of (DOD); Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC); Federal Reserve System; SENATE; Federal Deposit Insurance Corporation (FDIC); Internal Revenue Service (IRS); Pension Benefit Guaranty Corporation (PBGC); Treasury, Dept of

Bills named: S. 1183 (113th), H.R. 1129 (113th), H.R. 2429 (113th), S. 1645 (113th)

Retirement RET

Retirement plans in tax reform debate; Pension Benefits Guarantee Corporation premium increase; nondiscrimination testing in pension plans; preserving the tax treatment of retirement savings; multiemployer defined benefit pension plan reform

Contacted: HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC); Federal Reserve System; SENATE; Internal Revenue Service (IRS); Pension Benefit Guaranty Corporation (PBGC); Defense, Dept of (DOD); Treasury, Dept of; Federal Deposit Insurance Corporation (FDIC); Securities & Exchange Commission (SEC)

Economics/Economic Development ECN

Economic recovery; job creation; tax policy; debt ceiling; burdensome regulations negatively impacting economy; the need to go beyond $1.2 trillion in deficit reductions; financial regulatory; implementation of the Affordable Care Act

Contacted: Internal Revenue Service (IRS); Commodity Futures Trading Commission (CFTC); Treasury, Dept of; HOUSE OF REPRESENTATIVES; Defense, Dept of (DOD); Federal Deposit Insurance Corporation (FDIC); Federal Reserve System; Securities & Exchange Commission (SEC); Pension Benefit Guaranty Corporation (PBGC); SENATE

Small Business SMB

S Corporation Modernization; tax reform; private company access to capital and tax structure; consumer financial protection bureau; healthcare law and its impact on business; paperwork burden; jobs act; small business tax cut act, estate tax H.R. 2429; S.1183

Contacted: SENATE; Pension Benefit Guaranty Corporation (PBGC); Federal Reserve System; Securities & Exchange Commission (SEC); Federal Deposit Insurance Corporation (FDIC); Treasury, Dept of; Commodity Futures Trading Commission (CFTC); Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Defense, Dept of (DOD)

Bills named: S. 1183 (113th), H.R. 2429 (113th)

Government Issues GOV

Federal acquisition and contracting policy; compensation caps for government contractors NDAA, S.1197, H.R. 1960

Contacted: HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Treasury, Dept of; Federal Deposit Insurance Corporation (FDIC); Internal Revenue Service (IRS); Pension Benefit Guaranty Corporation (PBGC); Defense, Dept of (DOD); Federal Reserve System; SENATE; Commodity Futures Trading Commission (CFTC)

Bills named: S. 1197 (113th), H.R. 1960 (113th)