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Membership Webinar Fall Legislative Strategy September 24, 2013

Membership Webinar Fall Legislative Strategy September 24, 2013. Two Showdowns Before Tax Reform. October 1 st : Showdown #1: New fiscal year, Congress must pass Continuing Resolution to fund government October 15 th : Showdown #2: Debt Ceiling Deadline

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Membership Webinar Fall Legislative Strategy September 24, 2013

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  1. Membership Webinar Fall Legislative Strategy September 24, 2013

  2. Two Showdowns Before Tax Reform • October 1st: Showdown #1: New fiscal year, Congress must pass Continuing Resolution to fund government • October 15th: Showdown #2: Debt Ceiling Deadline • Late October: Ways and Means Committee Chairman Dave Camp expected to release House tax reform bill

  3. Showdown #1: FY14 Appropriations • Congress has not enacted any of the FY 14 appropriations • House & Senate disagreement over topline numbers, GOP inter-party disagreement over Obamacare • Outlook: Congress to pass a two-month Continuing Resolution (CR) • Final Omnibus Appropriations by the end of December

  4. Showdown #2: Debt Limit Fight • The federal government reaches the Debt Limit by October 15th • In exchange for debt limit increase, Republicans will ask for: • Repeal of Obamacare & other conservative priorities, including approval of the Keystone Pipeline • Commitment to tax reform • Will debt limit debate generate “grand bargain” on budget that paves way for tax reform?

  5. After the dust settles:Tax Reform process next steps • Camp likely to unveil his bill in the House after resolution of debt ceiling • Camp’s proposal will cut individual and corporate rates to 25% • Challenging math for supporters of tax incentives

  6. Tax Reform Math

  7. Coalition’s Summer Strategy • Coalition made the case for NMTC to Ways and Means Committee members, submitted comments, appeared on Congressional panels, and met with Joint Committee on Taxation • Built bipartisan support in Senate for NMTC extension bill and submitted comments to Finance Committee • 1,200+ signed NMTC support letter to Congress • Worked with members to generate media in key local markets and beltway publications

  8. Fall Advocacy Plan: • Generate letters to Chairman Camp from Governors in key states • Gather support for House Sign-On Letter to Ways and Means • Letter led by Rep. Stivers (R-OH) • Members of the House who are *NOT* on the Ways and Means Committee can sign the letter Rep. Steve Stivers (R-OH)

  9. Fall Advocacy Plan:House Target List (GOP) **More than $40 million in activity through 2011

  10. Fall Advocacy Plan:Senate Outreach • Build Republican support for Rockefeller/Blunt Bill S. 1133 • Current cosponsors • Cantwell, Maria [D-WA] • Cardin, Benjamin [D-MD] • Collins, Susan [R-ME] • Murkowski, Lisa [R-AK] • Senate GOP Target List:

  11. Fall Advocacy Plan:Media Outreach • Media outreach to raise the profile of the NMTC • Forbes article released on September 18th “If there’s a cure-all for bringing down-and-out communities out of the dumps shouldn’t it be a permanent part of the tax code?” • Op-ed in the Idaho Statesman on September 23rd • What you can do raise awareness: • Write an Op-Ed or Letter to the Editor for your local or state newspaper • Share the message using social media • @NMTCCoalitionand facebook.com/nmtccoalition

  12. December Conference • Save the Date for the NMTC Coalition Policy Conference, December 12th-13th in Washington, DC

  13. Additional Resources • For materials, sample letters, and information, visit our Advocacy Toolkit at: • http://nmtccoalition.org/advocacy

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