FINANCIAL EXECUTIVES INTERNATIONAL for FINANCIAL EXECUTIVES INTERNATIONAL

Defense DEF

The National Defense Authorization Act H.R.4435 and S.2410; 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 Deposit Insurance Corporation (FDIC); Internal Revenue Service (IRS); Federal Reserve System; Securities & Exchange Commission (SEC); Commodity Futures Trading Commission (CFTC); Treasury, Dept of; SENATE; Defense, Dept of (DOD); HOUSE OF REPRESENTATIVES; Pension Benefit Guaranty Corporation (PBGC)

Bills named: H.R. 4435 (113th), S. 2410 (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 method; Money Market Funds Reform; -The Volcker Rule H.R.677, S.888, The Inter-Affiliate Swap Clarification Act; H.R.634 and S.888 The Business Risk Mitigation and Price Stabilization Act H.R.4413 CFTC Reauthorization Legislation, S.2244 Terrorism Risk Insurance Program Reauthorization Act H.R. 5405 Promoting Job Creation and Reducing Small Business Burdens Act

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

Bills named: H.R. 4413 (113th), S. 888 (113th), H.R. 634 (113th), S. 2244 (113th), H.R. 677 (113th), H.R. 5405 (113th)

Economics/Economic Development ECN

Economic recovery; Job creation; Tax policy; Debt ceiling; Burdensome regulations negatively impacting economy; The need to go beyond the 1.2 trillion in deficit reductions; Financial regulations; Implementation of the Affordable Care Act

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

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; S.2244, Terrorism Risk Insurance Program Reauthorization Act

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

Bills named: S. 888 (113th), H.R. 677 (113th), H.R. 634 (113th), S. 2244 (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; Deductibility of interest; H.R.1129 and S.1645, the Mobile Workforce State Income Tax Simplification Act; Preserving the tax treatment of employer-provided retirement and healthcare plans; S.2260, Expire Act; H.R.4438, the American Research and Competitiveness Act of 2014; Retirement savings tax incentives; Making research and development credit permanent; Base erosion and profit shifting

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

Bills named: H.R. 2429 (113th), S. 1645 (113th), H.R. 1129 (113th), H.R. 4438 (113th), S. 2260 (113th)

Retirement RET

Retirement plans in tax reform debate; Nondiscrimination testing in pension plans H.R.5381 and S.2855; Preserving the tax treatment of retirement savings; Multiemployer defined benefit pension plan reform; ERISA Sec.4062(e) enforcement S.2511

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

Bills named: H.R. 5381 (113th), S. 2855 (113th), S. 2511 (113th)

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

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

Government Issues GOV

Federal acquisition and contracting policy; Compensation caps for government contractors, National Defense Authorization Act (NDAA) H.R.4435 and S.2410

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

Bills named: H.R. 4435 (113th), S. 2410 (113th)