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

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

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

Bills named: H.R. 4413 (113th), 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: Federal Deposit Insurance Corporation (FDIC); HOUSE OF REPRESENTATIVES; Treasury, Dept of; Internal Revenue Service (IRS); Federal Reserve System; Defense, Dept of (DOD); Pension Benefit Guaranty Corporation (PBGC); SENATE; Commodity Futures Trading Commission (CFTC); Securities & Exchange Commission (SEC)

Bills named: H.R. 634 (113th), H.R. 677 (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; 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 and healthcare plans; S.2260, Expire Act; H.R.4438, the American Research and Competitiveness Act of 2014; Income tax treaties and protocols; Retirement savings tax incentives; Making research and development credit permanent; Base erosion and profit shifting

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

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

Retirement RET

Retirement plans in tax reform debate; Pension Benefits Guaranty Corporation premium increase; Nondiscrimination testing in pension plans; Preserving the tax treatment of retirement savings; Multiemployer defined benefit pension plan reform; ERISA Sec.4062(e) enforcement; Pension funding stabilization

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

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

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

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

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