LINCOLN NATIONAL CORPORATION for LINCOLN NATIONAL CORPORATION
What was lobbied
4 issue areas, each in the filer's own words, with who lobbied on it and where.
Retirement RET
HR 8696 Securing a Strong Retirement Act of 2020. Issue: retirement security. PL 116-136 Coronavirus Aid, Relief and Economic Security (CARES) Act. This bill responds to the COVID-19 outbreak and its impact on public health, the economy and state and local governments, families and businesses. Issue: retirement plan distributions, loans and RMD relief. PL 116-127 Families First Coronavirus Response Act. Issue: paid family and medical leave. PL 116-94 The Further Consolidated Appropriations Act of 2020. Issue: implementation of the SECURE Act within this government funding bill. Issues related to retirement security including: retirement plan standards, savings initiatives, best interest standard of care, lifetime income opportunities and pension reform. HR 6800 HEROES Act. Issue: Paycheck Protection Program and paid family and medical leave. HR 1185/S 463 FAMILY Act. Issue: paid family and medical leave. S 1628 Paid Family Leave Pilot Extension Act. Issue: paid family and medical leave HR 1940/S 920 New Parents Act of 2019. Issue: paid family and medical leave. HR 2163 To amend the Internal Revenue Code of 1986 to allow for tax-advantaged distributions from health savings accounts during family or medical leave, and for other purposes. Discussion draft CRADLE Act. Issue: paid family and medical leave. Proposed FY 2020 budget proposal on paid family and medical leave.
| Lobbyist | Covered position, as disclosed |
|---|---|
| HELENE NORCROSS RAYDER | — |
Insurance INS
PL 111-203, HR 4173 Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: implementation and regulatory reform, captive reinsurance transactions, insurance capital standards.
| Lobbyist | Covered position, as disclosed |
|---|---|
| HELENE NORCROSS RAYDER | — |
Financial Institutions/Investments/Securities FIN
HR 133 Consolidated Appropriations Act of 2021. Year end funding and COVID relief bill. Issue: The CARES Act temporarily suspends the generally accepted accounting principles (GAAP) requirements for the Troubled Debt Restructuring (TDR) classifications on loans. Extends this provision for an additional year, to January 1, 2022. PL 116-136 - Coronavirus Aid, Relief and Economic Security (CARES) Act. This bill responds to the COVID-19 outbreak and its impact on public health, the economy and state and local governments, families and businesses. Issue: application of Section 4013 (Troubled Debt Restructurings) and Section 4014 (Current Expected Credit Losses) for financial institutions; Remote Online Notarization (RON). PL 111-203 Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues: Implementation issues including insurance capital standards, roles of federal and state agencies at the IAIS and FSB, standard of care. HR 1595 Secure and Fair Enforcement Banking Act. Issue: Banking and legitimate marijuana-related businesses. No bill number. Issue: diversity and inclusion in financial services. No bill number. Issue: covered agreement on prudential measures regarding the business of insurance and reinsurance.
| Lobbyist | Covered position, as disclosed |
|---|---|
| HELENE NORCROSS RAYDER | — |
Taxation/Internal Revenue Code TAX
S 4820 The Long Term Care Affordability Act: Issue: Would allow individuals to pay up to $2,500 a year for long-term care insurance with their 401(k), 403(b) or IRA accounts without a tax penalty. PL 116-136 - Coronavirus Aid, Relief and Economic Security (CARES) Act. This bill responds to the COVID-19 outbreak and its impact on public health, the economy and state and local governments, families and businesses. Issue: life insurance tax provisions and Net Operating Loss clarification Wyden Tax Wealth Like Wages (mark-to-market) discussion paper Life Insurance Product and Tax Stabilization Proposal (no bill introduced yet). S 1628 Paid Family Leave Pilot Extension Act. Issue: tax credit for employers that provide paid family leave. No bill number: COVID-19 response tax proposals re: Section 7702 and ordinary treatment of bonds No bill number: tax incentives for private long term care insurance
| Lobbyist | Covered position, as disclosed |
|---|---|
| HELENE NORCROSS RAYDER | — |
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.