INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

Budget/Appropriations BUD

Legislative & Regulatory Issues Related to Budget & Appropriations Matters: FY2024 appropriations provisions relating to technology modernization, semiconductor incentives, the National Science Foundation, and quantum computing.

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Computer Industry CPI

Legislative & Regulatory Issues Related to Technology Policy, including R&D, Cybersecurity, Privacy, Health IT & Technology Procurement: Artificial Intelligence (AI), general purpose AI and foundation models, AI regulatory guidance, AI bias, AI use by federal agencies; cloud computing, secure cloud policy; quantum computing; 5G; federal IT modernization; open data; privacy legislation; S. 3312, Artificial Intelligence Research, Innovation, and Accountability Act of 2023; S. 2714, CREATE Act of 2023; S. 1439, Quantum Sandbox for Near-Term Applications Act of 2023; S. 2450, A bill to improve coordination between the Department of Energy and the National Science Foundation on activities carried out under the National Quantum Initiative Program; H.R. 6213, National Quantum Initiative Reauthorization Act; implementation of Public Law no. 115-68, the National Quantum Initiative Act; Public Law no. 117-263, provisions related to the FedRAMP Authorization Act; implementation and issues related to Public Law no. 117-167, CHIPS and Science Act; National AI Research Resource Task Force; Executive Order 14110, Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. National cybersecurity strategy; supply chain security; encryption policy; post quantum cryptography; cyber incident reporting policy; AI security; cybersecurity workforce development strategy; reasonable data security practices language and liability protections; Secure by Design software principles; international cybersecurity coordination; critical infrastructure designation and cybersecurity obligations; Executive Order 14028, Improving the Nation's Cybersecurity provisions on software bill of materials, zero trust and cloud security architecture and standards to improve software supply chain security; National Cybersecurity Strategy implementation plan efforts on harmonization and open source software security; Cybersecurity Framework 2.0; SEC incident reporting proposed rule.

Contacted: Natl Economic Council (NEC); U.S. Agency for International Development (USAID); Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Office of Science & Technology Policy (OSTP); White House Office; Treasury, Dept of; Natl Institute of Standards & Technology (NIST); Federal Deposit Insurance Corporation (FDIC); Commerce, Dept of (DOC); Federal Reserve System; Natl Security Council (NSC); Homeland Security, Dept of (DHS); SENATE; Office of the Comptroller of the Currency (OCC); Office of Management & Budget (OMB)

Bills named: S. 2714 (118th), S. 1439 (118th), S. 3312 (118th), H.R. 6213 (118th), S. 2450 (118th)

Defense DEF

Legislative & Regulatory Issues Related to Defense Matters: Public Law no. 117-263, James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 provisions related to Federal IT Systems, FedRAMP; Public Law no. 118-31, National Defense Authorization Act for Fiscal Year 2024 provisions related to secure microelectronics for national security applications.

Contacted: Office of Management & Budget (OMB); HOUSE OF REPRESENTATIVES; SENATE

Education EDU

Legislative & Regulatory Issues Related to Education, Workforce Training & Related Matters: Workforce and Economic Development Initiatives: Modernizing apprenticeships; creating multiple career pathways; advancing skills-based hiring including federal contracts; digital credentials; increasing federal support for Historically Black Colleges & Universities (HBCUs); cybersecurity workforce/skills development policy; quantum computing workforce/skills development policy; artificial intelligence and the future of work; H.R. 793, S. 161, Jumpstart Our Businesses By Supporting Students Act (JOBS Act); H.R. 6585, Bipartisan Workforce Pell Act; H.R. 6655, A Stronger Workforce for America Act.

Contacted: HOUSE OF REPRESENTATIVES; White House Office; SENATE; Education, Dept of

Bills named: H.R. 6585 (118th), S. 161 (118th), H.R. 6655 (118th), H.R. 793 (118th)

Labor Issues/Antitrust/Workplace LBR

Legislative & Regulatory Issues Related to Labor, Workplace & Benefits Policy: H-1B visas and high-skilled immigration; potential H-1B modernization rule; S. 365, Dream Act of 2023; H.R. 15, S. 5, Equality Act; H.R. 16, American Dream and Promise Act of 2023. Paid family and medical leave, child care; H.R. 3481, S. 1714, FAMILY Act; H.R. 5037, FAIR Leave Act; S. 2419, No Robot Bosses Act; Public Law no. 117-328, Pregnant Workers Fairness Act; Department of Labor proposed overtime rule.

Contacted: White House Office; Labor, Dept of (DOL); SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 16 (118th), S. 1714 (118th), S. 2419 (118th), H.R. 3481 (118th), H.R. 15 (118th), S. 365 (118th), S. 5 (118th), H.R. 5037 (118th)

Taxation/Internal Revenue Code TAX

Legislative & Regulatory Issues Related to Domestic and International Tax, including Tax Treaties: Tax proposals related to Build Back Better Act; Public Law no.117-169, Inflation Reduction Act, implementation and regulations. Global Digital Taxes, e.g. DSTs; U.S. Treasury guidelines and related regulations on OECD, Addressing Tax Challenges of Digitalization, and BEPS 2.0. S. 866, American Innovation and Jobs Act of 2023 (R&D expensing); H.R. 2673, American Innovation and R&D Competitiveness Act of 2023 and related issues; T.D. 9959, Final Regulations on foreign tax credits; REG-120653-22, CHIPS Act advanced manufacturing tax credit. H.R. 4357, To amend the Internal Revenue Code of 1986 to make the look-through rule for related controlled foreign corporations permanent; and potential Senate companion bill. U.S.-Chile bilateral income tax treaty; H.R 5988, United States-Taiwan Expedited Double-Tax Relief Act.

Contacted: Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; SENATE; White House Office; Treasury, Dept of

Bills named: S. 866 (118th), H.R. 4357 (118th), H.R. 2673 (118th), H.R. 5988 (118th)

Trade (domestic/foreign) TRD

Legislative & Regulatory Issues Related to International Trade Including Multilateral & Bilateral Trade Agreements: Indo-Pacific Economic Framework discussions and provisions related to cross-border data transfers and enforceable digital trade; G-7 Data Free Flows with Trust initiative.

Contacted: Natl Security Council (NSC); Commerce, Dept of (DOC); U.S. Trade Representative (USTR); State, Dept of (DOS)

Government Issues GOV

Implementation of Federal Acquisition Regulation: Revision of Limitations on Subcontracting.

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Copyright/Patent/Trademark CPT

Legislative & Regulatory Issues Related to Copyright/Patent/Trademark: Artificial intelligence and intellectual property; S. 2140, Patent Eligibility Restoration Act; S. 2220, PREVAIL Act; draft NO FAKES Act.

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: S. 2220 (118th), S. 2140 (118th)