NATIONAL VENTURE CAPITAL ASSOCIATION

HCR · Health Issues

Drug pricing issues; CMS reimbursement including Medicare coverage of innovative technology; implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Advanced Research Project Agency- Health.

Literal federal measure citations: H.R.5376

CPT · Copyright/Patent/Trademark

Intellectual property issues that impact startups.

TAX · Taxation/Internal Revenue Code

Capital gains tax policy, including carried interest; Qualified Small Business Stock; Stock options; Partnership tax policy; R&D credit expensing; American Innovation and R&D Competitiveness Act H.R.1990; Tax Cuts and Jobs Act H.R.1; Climate and energy tax issues, including production and investment tax credits and Section 45Q; Implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Small Business Jobs Act H.R.3937; Build It In America Act H.R.3938.

Literal federal measure citations: H.R.1990, H.R.1, H.R.5376, H.R.3937, H.R.3938

BAN · Banking

Engagement with SEC on regulatory proposals including Special Purpose Acquisition Companies, Shell Companies, and Projections proposal, Private Fund Advisers, Safeguarding Rule proposal, Documentation of Registered Investment Adviser Compliance Reviews proposal, issues around Regulation D, and Modernization of Beneficial Ownership Reporting proposal; Small capitalization company capital formation issues; Disclosure of material short positions; Issues related to improving research coverage for small companies; Implementation of the Foreign Investment Risk Review Modernization Act; Blockchain regulatory and policy issues; JOBS Act 4.0; Developing and Empowering our Aspiring Leaders (DEAL) Act; Improving Capital Allocation for Newcomers (ICAN) Act; foreign outbound investment restrictions; FinCEN proposed rule on Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers.

IMM · Immigration

Creation of a Startup Visa; International Entrepreneur Rule; H-1B Visas.

TEC · Telecommunications

Antitrust and competition policy impacting startups; FTC rulemaking on Hart-Scott-Rodino premerger notification program; FTC-DOJ Merger Guidelines.

ENG · Energy/Nuclear

Implementation issues around the Inflation Reduction Act (H.R.5376) Public Law No. 117-169 and the Infrastructure Investment and Jobs Act H.R.3684; Energy tax credits; Energy permitting reform; ARPA-E.

Literal federal measure citations: H.R.5376, H.R.3684

SCI · Science/Technology

Basic research funding and technology commercialization issues; Artificial Intelligence policy issues, including development of a U.S. AI Action Plan; CREATE AI Act H.R.2385; Implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; Implementation of Infrastructure Investment and Jobs Act H.R.3684; Implementation of CHIPS and Science Act H.R.4346 TIP Directorate and program appropriations.

Literal federal measure citations: H.R.2385, H.R.5376, H.R.3684, H.R.4346

SMB · Small Business

SBIR/STTR reauthorization; implementation of the Inflation Reduction Act (H.R.5376) Public Law No. 117-169; creation of an SBIC accrual debenture license for critical technology investment funds; 7(a) affiliation rulemaking.

Literal federal measure citations: H.R.5376

AGR · Agriculture

Inflation Reduction Act (H.R.5376) Public Law No. 117-169 implementation.

Literal federal measure citations: H.R.5376

HOM · Homeland Security

Implementation of Infrastructure Investment and Jobs Act H.R.3684.

Literal federal measure citations: H.R.3684

LBR · Labor Issues/Antitrust/Workplace

Issues related to diversity and inclusion in the venture capital workforce; issues related to workforce development and implementation of Inflation Reduction Act (H.R.5376) Public Law No. 117-169, the Infrastructure Investment and Jobs Act H.R.3684, and the CHIPS and Science Act H.R.4346.

Literal federal measure citations: H.R.5376, H.R.3684, H.R.4346

TRD · Trade (domestic/foreign)

Monitor updated export control regulations.