1st Quarter - Report

HSBC TECHNOLOGY AND SERVICES USA INC. for HSBC TECHNOLOGY AND SERVICES USA INC.

Firm
Client
Income
—
Expenses
$1,026,573
Expense method
A: Lobbying Disclosure Act definitions

What was lobbied

5 issue areas, each in the filer's own words, with who lobbied on it and where.

Banking BAN

HR 627- the Credit Cardholders Bill of Rights, HR 1456 - the Consumer Overdraft Protection Fair Practices Act, S 414 - the Credit Card Accountability, Responsibility and Disclosure Act, S 541 - the Depositor Protection Act of 2009, S 392 - Credit Card Credit Card Reform Act of 2009 , HR 1105 - provision giving FTC authority to regulate mortgage loans, Crapo Amendment to increase FDIC's borrowing authority, proposals to affect credit card interchange calculations,

Foreign entity interest: As the parent of HSBC-North America, HSBC Holdings, PLC, has interests in the issues above.

LobbyistCovered position, as disclosed
MONIQUE FRAZIER —
J DENIS O'TOOLE —
THOMAS ROSENKOETTER —
JANET G ST AMAND —

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 1105 (111th), H.R. 627 (111th), H.R. 1456 (111th)

Taxation/Internal Revenue Code TAX

HR 1083, the Business Activity Tax Simplification Act of 2009 HR 1 (and generally) - Net Operating Loss (NOL) carryback expansion and new homebuyers credit. Equitable tax treatment for benefits offered to domestic partners Temporary repeal of withholding tax on interest paid on loans from foreign affiliates or banks Apply the dividends received deduction to dividends paid by foreign corps to domestic corps

Foreign entity interest: As the parent of HSBC-North America, HSBC Holdings, PLC, has interests in the issues above.

LobbyistCovered position, as disclosed
MONIQUE FRAZIER —
J DENIS O'TOOLE —
THOMAS ROSENKOETTER —
JANET G ST AMAND —

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 1083 (111th), H.R. 1 (111th)

Retirement RET

Proposals to make pension contributions more manageable in the short term (such as smoothing) and to help avoid benefit restrictions that hurt plan participants (such as requiring withdrawals)

Foreign entity interest: As the parent of HSBC-North America, HSBC Holdings, PLC has interests in the issues above.

LobbyistCovered position, as disclosed
MONIQUE FRAZIER —
J DENIS O'TOOLE —
THOMAS ROSENKOETTER —
JANET G ST AMAND —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Housing HOU

S. 6 - The Helping Families Save Their Homes in Bankruptcy Act of 2009 - Entire proposal, HR 1106 - Helping Families Save Their Homes Act - All (including HR 703, HR 786, HR 787, HR 788), except sec. 401- Foreclosure Moratorium Provisions, HR 788 - To provide a safe harbor for mortgage servicers, HR 1 - The American Economic and Reinvestment Act (Section 626- Provision that provides state attorneys general additional authority to enforce the Truth in Lending Act and see tax), HR 1728 - Mortgage Reform and Anti-Predatory Lending Act

Foreign entity interest: As the parent of HSBC-North America, HSBC Holdings, PLC, has interests in the issues above.

LobbyistCovered position, as disclosed
MONIQUE FRAZIER —
J DENIS O'TOOLE —
THOMAS ROSENKOETTER —
JANET G ST AMAND —

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 1728 (111th), H.R. 786 (111th), H.R. 788 (111th), H.R. 1 (111th), S. 6 (111th), H.R. 787 (111th), H.R. 703 (111th), H.R. 1106 (111th)

Bankruptcy BNK

HR 1106 - Helping Families Save Their Homes Act - Sec. 101- Modification of Residential Mortgages (cramdown) S 6 and HR 200 - Helping Families Save Their Homes in Bankruptcy

Foreign entity interest: As the parent of HSBC-North America, HSBC Holdings, PLC, has interests in the issues above.

LobbyistCovered position, as disclosed
MONIQUE FRAZIER —
J DENIS O'TOOLE —
THOMAS ROSENKOETTER —
JANET G ST AMAND —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 200 (111th), H.R. 1106 (111th)

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.