Lobbying Relationship

Client

American Investment Council f/k/a PEGCC

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Lobbying firm

American Investment Council f/k/a PEGCC

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  • Legislation affecting the regulation of private equity, including proposed legislation related to regulation of investment advisers, the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals related private equity and housing, proposed legislation related to beneficial ownership of corporations, and the America COMPETES Act of 2022 (H.R.4521) and United States Innovation and Competition Act of 2021 (S. 1260); Regulations affecting private equity firms in the United States and abroad, including the proposed Private Fund Adviser rule and proposed Form PF rule, and beneficial ownership-implementation of Public Law No: 116-92; FY2024 Appropriations, and legislative and regulatory proposals related to credit funds and non-bank lending.
  • Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), AIM Act (S. 1232/H.R. 2788), Build It In America Act (H.R. 3938); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.
  • Provisions related to the tax treatment of private equity in various budget proposals and tax reform proposals including, Build Back Better Act (H.R.5376).
  • Legislation affecting the regulation of private equity, including HR 3262, HR 3561, and other proposals related to equitable treatment of private equity in health care.
  • Legislation affecting the regulation of private equity, including the America COMPETES Act of 2022 (H.R.4521) and United States Innovation and Competition Act of 2021 (S. 1260), and National Defense Authorization Act (S. 2226)
  • Issues related to Federal Trade Commission and Department of Justice anti-trust regulations and proposals.

Duration: to

General Issues: Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Retirement, Health Issues, Trade (Domestic & Foreign), Banking, Labor Issues/Antitrust/Workplace, Small Business

Spending: about $37,831,000 (But it's complicated. Here's why.)

Agencies lobbied since 2007: U.S. Senate, House of Representatives, Treasury - Dept of, Health & Human Services - Dept of (HHS), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Securities & Exchange Commission (SEC), White House Office, Commodity Futures Trading Commission (CFTC), Office of the Comptroller of the Currency (OCC), Federal Housing Finance Agency (FHFA), Housing & Urban Development - Dept of (HUD), State - Dept of (DOS), Commerce - Dept of (DOC), Small Business Administration (SBA), Commerce - Dept of (DOC), Federal Deposit Insurance Commission (FDIC), Federal Housing Finance Board (FHFB), U.S. Senate,, House of Representatives,, House of Representatives, Senate, Treasury, Dept of

Bills mentioned

H.R.10: Financial CHOICE Act of 2017

Sponsor: Jeb Hensarling (R-Texas)

H.R.2295: Carried Interest Fairness Act of 2017

Sponsor: Sander M. Levin (D-Mich.)

S.1020: Carried Interest Fairness Act of 2017

Sponsor: Tammy Baldwin (D-Wis.)

H.R.3606: Overdraft Protection Act of 2017

Sponsor: Carolyn B. Maloney (D-N.Y.)

H.R.5424: Investment Advisers Modernization Act of 2016

Sponsor: Robert Hurt (R-Va.)

H.R.2821: Partnership Audit Simplification Act of 2015

Sponsor: Jim Renacci (R-Ohio)

H.R.1105: Small Business Capital Access and Job Preservation Act

Sponsor: Robert Hurt (R-Va.)

H.RES.702: Affirming that private equity plays an important role in growing and...

Sponsor: K. Michael Conaway (R-Texas)

H.R.1800: Small Business Credit Availability Act

Sponsor: Mike Grimm (R-N.Y.)

H.R.1082: Small Business Capital Access and Job Preservation Act

Sponsor: Robert Hurt (R-Va.)

H.R.4016: Carried Interest Fairness Act of 2012

Sponsor: Sander M. Levin (D-Mich.)

H.R.3606: Jumpstart Our Business Startups

Sponsor: Stephen Fincher (R-Tenn.)

S.1549: American Jobs Act of 2011

Sponsor: Harry Reid (D-Nev.)

H.R.12: American Jobs Act of 2011

Sponsor: John B. Larson (D-Conn.)

H.R.2693: Budget Control Act of 2011

Sponsor: David Dreier (R-Calif.)

S.627: Budget Control Act of 2011

Sponsor: Patrick J. Leahy (D-Vt.)

S.365: Budget Control Act of 2011

Sponsor: Tom Harkin (D-Iowa)

H.R.5618: Restoration of Emergency Unemployment Compensation Act of 2010

Sponsor: Jim McDermott (D-Wash.)

S.3793: Job Creation and Tax Cuts Act of 2010

Sponsor: Max Baucus (D-Mont.)

H.R.5982: Small Business Tax Relief Act of 2010

Sponsor: Sander M. Levin (D-Mich.)

H.R.5987: Seniors Protection Act of 2010

Sponsor: Earl Pomeroy (D-N.D.)

H.R.4853: Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act...

Sponsor: James L. Oberstar (D-Minn.)

H.R.4173: Dodd-Frank Wall Street Reform and Consumer Protection Act

Sponsor: Barney Frank (D-Mass.)

S.3217: Restoring American Financial Stability Act of 2010

Sponsor: Christopher J. Dodd (D-Conn.)

H.R.4213: Unemployment Compensation Extension Act of 2010

Sponsor: Charles B. Rangel (D-N.Y.)

H.R.4851: Continuing Extension Act of 2010

Sponsor: Sander M. Levin (D-Mich.)

H.R.5297: Small Business Jobs Act of 2010

Sponsor: Barney Frank (D-Mass.)

S.1276: Private Fund Transparency Act of 2009

Sponsor: Jack Reed (D-R.I.)

S.344: Hedge Fund Transparency Act

Sponsor: Charles E. Grassley (R-Iowa)

H.R.711: Hedge Fund Adviser Registration Act of 2009

Sponsor: Michael E. Capuano (D-Mass.)

H.R.3818: Private Fund Investment Advisers Registration Act of 2009

Sponsor: Paul E. Kanjorski (D-Pa.)

H.R.3996: Financial Stability Improvement Act of 2009

Sponsor: Barney Frank (D-Mass.)

H.R.2762: To amend the Internal Revenue Code of 1986 to provide that the exception...

Sponsor: Peter Welch (D-Vt.)

H.R.1935: To amend the Internal Revenue Code of 1986 to provide for the treatment...

Sponsor: Sander M. Levin (D-Mich.)

H.R.4872: Health Care and Education Reconciliation Act of 2010

Sponsor: John M. Spratt Jr. (D-S.C.)

H.R.2847: Hiring Incentives to Restore Employment Act

Sponsor: Alan B. Mollohan (D-W.Va.)

H.R.3126: Consumer Financial Protection Agency Act of 2009

Sponsor: Barney Frank (D-Mass.)

H.R.3269: Corporate and Financial Institution Compensation Fairness Act of 2009

Sponsor: Barney Frank (D-Mass.)

S.1624: Medical Bankruptcy Fairness Act of 2009

Sponsor: Sheldon Whitehouse (D-R.I.)

H.CON.RES.85: Setting forth the congressional budget for the United States Government...

Sponsor: John M. Spratt Jr. (D-S.C.)

S.CON.RES.13: An original concurrent resolution setting forth the congressional budget...

Sponsor: Kent Conrad (D-N.D.)

S.506: Stop Tax Haven Abuse Act

Sponsor: Carl Levin (D-Mich.)

H.R.2834: To amend the Internal Revenue Code of 1986 to treat income received by...

Sponsor: Sander M. Levin (D-Mich.)

S.1624: A bill to amend the Internal Revenue Code of 1986 to provide that the...

Sponsor: Max Baucus (D-Mont.)

H.R.6275: Alternative Minimum Tax Relief Act of 2008

Sponsor: Charles B. Rangel (D-N.Y.)

H.R.1: An Act to provide for reconciliation pursuant to titles II and V of the...

Sponsor: Kevin Brady (R-Texas)

S.2098: Foreign Investment Risk Review Modernization Act of 2018

Sponsor: John Cornyn (R-Texas)

H.R.4311: Foreign Investment Risk Review Modernization Act of 2017

Sponsor: Robert Pittenger (R-N.C.)

H.R.5841: Foreign Investment Risk Review Modernization Act of 2018

Sponsor: Robert Pittenger (R-N.C.)

S.799: Securities Fraud Enforcement and Investor Compensation Act of 2019

Sponsor: Mark Warner (D-Va.)

H.R.1735: Carried Interest Fairness Act of 2019

Sponsor: Bill Pascrell Jr. (D-N.J.)

S.781: Carried Interest Fairness Act of 2019

Sponsor: Tammy Baldwin (D-Wis.)

H.R.2513: Corporate Transparency Act of 2019

Sponsor: Carolyn B. Maloney (D-N.Y.)

S.1978: Corporate Transparency Act of 2019

Sponsor: Ron Wyden (D-Ore.)

S.1639: Ending the Carried Interest Loophole Act

Sponsor: Ron Wyden (D-Ore.)

H.R.4344: Investor Protection and Capital Markets Fairness Act

Sponsor: Ben McAdams (D-Utah)

S.2563: ILLICIT CASH Act

Sponsor: Mark Warner (D-Va.)

S.2155: Stop Wall Street Looting Act

Sponsor: Elizabeth Warren (D-Mass.)

H.R.3848: Stop Wall Street Looting Act

Sponsor: Mark Pocan (D-Wis.)

H.R.2295: Hardest Hit Housing Act of 2019

Sponsor: Yvette D. Clarke (D-N.Y.)

S.1020: Retirement Security Flexibility Act of 2019

Sponsor: Todd Young (R-Ind.)

H.R.748: CARES Act

Sponsor: Joe Courtney (D-Conn.)

S.3548: CARES Act

Sponsor: Mitch McConnell (R-Ky.)

H.R.5825: To amend the Internal Revenue Code of 1986 to provide for reporting by...

Sponsor: Richard E. Neal (D-Mass.)

H.R.133: Consolidated Appropriations Act, 2021

Sponsor: Henry Cuellar (D-Texas)

H.R.1068: Carried Interest Fairness Act of 2021

Sponsor: Bill Pascrell Jr. (D-N.J.)

S.2155: Preventing Election Subversion Act of 2021

Sponsor: Raphael Warnock (D-Ga.)

H.R.3848: Critical Supply Chains Commission Act

Sponsor: Tim Ryan (D-Ohio)

S.1639: A bill to amend the Energy Independence and Security Act of 2007 to...

Sponsor: Jeff Merkley (D-Ore.)

H.R.5376: Inflation Reduction Act of 2022

Sponsor: John Yarmuth (D-Ky.)

H.R.5825: District of Columbia Board of Zoning Adjustment Home Rule Act

Sponsor: Eleanor Holmes Norton (D-D.C.)

H.R.4521: United States Innovation and Competition Act of 2021

Sponsor: Eddie Bernice Johnson (D-Texas)

S.1260: United States Innovation and Competition Act of 2021

Sponsor: Charles E. Schumer (D-N.Y.)

S.1077: Permanently Preserving America’s Investment in Manufacturing Act

Sponsor: Roy Blunt (R-Mo.)

H.R.5371: Permanently Preserving America’s Investment in Manufacturing Act

Sponsor: Joe Morelle (D-N.Y.)

H.R.2617: Consolidated Appropriations Act, 2023

Sponsor: Gerald E. Connolly (D-Va.)

H.R.1068: Securing America’s Critical Minerals Supply Act

Sponsor: Larry Bucshon (R-Ind.)

S.1077: Home-Based Telemental Health Care Act of 2023

Sponsor: Mike Rounds (R-S.D.)

S.2155: Rebuild Rural America Act of 2023

Sponsor: Kirsten E. Gillibrand (D-N.Y.)

H.R.3848: Housing our Military Veterans Effectively Act of 2023

Sponsor: Lori Chavez-DeRemer (R-Ore.)

H.R.4521: Election Worker Tax Benefits Act

Sponsor: Nick LaLota (R-N.Y.)

S.1260: University of Utah Research Park Act

Sponsor: Mike Lee (R-Utah)

S.1639: Fresh Fruits and Vegetables Nutrition Act of 2023

Sponsor: Marco Rubio (R-Fla.)

H.R.2788: AIM Act

Sponsor: Adrian Smith (R-Neb.)

H.R.3938: Build It in America Act

Sponsor: Jason Smith (R-Mo.)

H.R.3262: To amend title XI of the Social Security Act to increase transparency of...

Sponsor: Jan Schakowsky (D-Ill.)

H.R.3561: PATIENT Act of 2023

Sponsor: Cathy McMorris Rodgers (R-Wash.)

S.2226: National Defense Authorization Act for Fiscal Year 2024

Sponsor: Jack Reed (D-R.I.)

H.R.5376: Share the Savings with Seniors Act

Sponsor: Mariannette Miller-Meeks (R-Iowa)

Show All Mentioned Bills

Lobbyists

Lobbyists named here were listed on a filing related to this lobbying engagement. They may not be working on it now. Occasionally, a single lobbyist whose name is spelled two different ways on filings may be represented twice here.

Lobbyist Covered positions?
Jason Mulvihill Leg. Dir. & Chief Counsel, Sen. Ensign; Sr. Counsel, Sen. Cmte. Com., Sci. & Trans.; Staff Dir., Sen. Subcmte. Tech., Innov. & Competitiveness
Langston Emerson Sr. Legislative Assistant, Rep. Michael Capuano Legislative Assistant, Rep. Carolyn Kilpatrick
Kenneth Spain Dep COS Rep. Conway / Comm Dir. Rep. Shadegg
Reagan Anderson Senator Mel Martinez - Legislative Assistant
Bradley Bailey Intern-Rep. P. Tiberi; LA-Rep. P. Tiberi; Policy Director-Rep. P. Tiberi; LD-Rep. P. Tiberi; Asst. to the Speaker for Policy-Office of the Speaker; Deputy Asst. Secretary-Treasury Dept.; Asst. Secretary (Acting)-Treasury Dept.
Michael Lukso Intern-Sen. D. Durbin; Intern-Sen. B. Obama; Intern-Rep. D. Halvorson; Intern-Rep. S. Murphy; LC/Fin. Admin/Staff Asst./ Intern-Rep. M. Quigley; LA-Rep. H. Shuler; LA-Rep. B. Schneider; Senior Advisor-Rep. J. Delaney; LD-Rep. J. Gottheimer.
Nnamdi Dillon Iwu Field Representative-Congressmember Karen Bass; Sr. Field Representative-Congressmember Karen Bass.
James Guiliano Senate Finance Committee: Policy Advisor; Senate Banking, Housing and Urban Affairs Committee: Professional Staff Member; Senate Banking, Housing and Urban Affairs Committee:Hearing Clerk/Research Assistant
Steve Judge n/a
Doug Lowenstein n/a
Heath Hall n/a
Steven Judge n/a
Brad Bailey n/a

Disclosures Filed

Once a lobbying engagement begins, the lobbyist or firm is required to file updates four times a year. Those updates sometimes change which lobbyists are involved or add new issues being discussed. When lobbyists stop working for a client, the firm is also supposed to file a report disclosing the end of the relationship.

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Source: Clerk of the U.S. House of Representatives and Secretary of the Senate

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