House Passes R&D Tax Credit
Bill |
5/9. The House passed HR 4438
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"American Research and Competitiveness Act of 2014", by a vote of 274-131, on
Friday morning, May 9, 2014. This bill would revise and permanently extend the research
and development tax credit.
Republicans voted 212-1. Democrats voted 62-130. Democrats endangered in the
upcoming election mostly voted yes. See,
Roll Call No. 211.
It is highly unlikely that this bill will become law in the 113th Congress. President
Obama has threatened to veto it. See, story titled "Obama Administration Opposes
R&D Tax Credit Bill" in TLJ Daily E-Mail Alert No. 2,655, May 7, 2014.
The Republican leadership is placing the House Republicans in the position in
the November elections of being the party that supports research and development
and the benefits that it brings. But, this effect may largely be nullified by
the fact that most of the Democrats facing serious challenges voted for the
bill, while those incumbents who hold safe seats tended to be the ones who voted
against the bill.
See also, story titled "House Ways and Means Committee Approves Bill to Make
R&D Tax Credit Permanent" in TLJ Daily E-Mail Alert No. 2,652, May 2, 2014.
Bill Summary. The current research and development tax credit, which is codified
at 26 U.S.C. § 41, expired on
December 31, 2013.
The Congress has for several decades provided for only short extensions. HR 4438
would permanently extend it, retroactive to the date of expiration.
The Congressional Research Service (CRS) summary of this bill states that it allows a
research credit for "(1) 20% of the qualified or basic research expenses that exceed
50% of the average qualified or basic research expenses for the 3 preceding taxable years,
and (2) 20% of amounts paid to an energy research consortium for energy research."
It also "Reduces such credit rate to 10% if a taxpayer has no qualified
research expenses in any one of the 3 preceding taxable years."
Rep. Kevin Brady (R-TX), the sponsor of
the bill, said during floor debate that it "simplifies this provision so that
small-and medium-size businesses can also take advantage of this credit."
Floor Debate. There was little discussion of the actual content of the bill
during floor debate. While the content is dry and complex, this lack of discussion
may be further indication that no one actually expects this bill to become law.
During floor debate, no one spoke against the concept of an R&D tax credit, or the
language in the bill. Opponents of the bill criticized it solely for not also including
other items.
Some Democrats criticized the bill for not also including offsetting
provisions. They argued that it would increase the federal budget deficit.
Some Democrats criticized the bill for not also including other tax credits,
increased subsidies for universities, increased spending on education, or other
spending programs that would increase the deficit.
Several Democrats praised the contents of the bill, then voted against it. For example,
Rep. Anna Eshoo (D-CA) stated in the House that "Congress needs to do so much more to
improve our national economy, and updating the R tax credit is an important policy that
will encourage businesses to invest in new technologies which in turn will create jobs and
shape a better economy in our future." She also said "I urge my colleagues to
support H.R. 4438." But, she voted no.
Rep. Brady (at right) stated that "America used
to lead the world in research incentives, but today we have fallen to 27th. China, Russia,
and other global competitors are quickly surpassing us in their share of the economy
devoted to research."
Rep. Dave Camp (R-MI), Chairman of the
HWMC, said that "the President of the United States voted to extend the
research and development tax credit unpaid for when he was a Senator. He signed
legislation twice to extend the research and development tax credit unpaid for."
Also, after some Democrats stated that they opposed the bill because it is not
paid for, he pointed out their prior votes to extend the credit unpaid for.
Rep. Camp stated during floor debate that "our current Tax Code is broken. It is
hurting families and hurting our ability to create good-paying jobs in this country. Last
week we learned that the economy grew 0.1 percent in the first quarter of 2014."
He continued that "Beyond having the dubious distinction of the highest
corporate rate in the world, the United States is the only country that also
allows important pieces of its Tax Code, like the research and development tax
credit, to expire on a regular basis. Businesses can't grow and invest when the
Tax Code is riddled with instability and uncertainty. The research and
development credit, the permanent extension we have before us today, has been
part of the U.S. Tax Code since 1981. Renewed year after year, the credit has
long been bipartisan and an effective way to incentivize U.S. companies to
innovate, create new products, and invest in the United States."
Rep. Eric Cantor (R-VA) stated that this bill
will bring "new investments to the energy industry, medical research, STEM advancements,
and information technology, among others."
Rep. Charles Rangel (D-NY), a former Chairman of
the HWMC, stated that "The Senate has spoken on this issue. This is not going to
become law."
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Commentary: Political Strategies Associated
with the R&D Tax Credit Bill |
5/9. The Congress first enacted the research and development tax credit in
1981. It has remained a temporary measure, albeit one that is constantly
extended. Everyone involved expects it to be extended. This bill would make it
permanent, and revise it to make it available to more companies.
There are powerful policy arguments for both making it permanent and revising
it. Also, members' public statements taken literally suggest that there is
overwhelming support for these proposals.
Yet, this bill is highly unlikely to be enacted in the 113th Congress, for several
reasons. First, candidates, and especially incumbents, benefit from this being a constant
issue, and hence, a cause for substantial campaign contributions.
Second, expirations and short extensions facilitate budgetary deception. A tax
credit decreases the tax liability of companies that qualify for the credit. A
credit therefore decreases projected tax revenues, and increases projected
deficits. Only the other hand, when a credit expired, it no longer decreases
projected future tax revenues -- unless the credit is extended. The Congress and
President have for over three decades been providing for only short extensions,
and allowing the credit to expire, only to revive it retroactively. When revenue
and deficit projections are made without considering the reality that the credit
will in fact be extended, this overestimates tax revenues, and underestimates
the deficit. This is phony bookkeeping is intended to deceive the public.
Presidents and Congresses, both Democratic and Republican, have been employing
this tactic to make deliberately false revenue and deficit projections for
decades. If HR 4438 were enacted into law, it would limit Democrats' and
Republicans' ability to cook the books in this manner. Many in both parties do
not want to give this up.
Third, while this bill has Democratic cosponsors, it is primarily a House
Republican bill. President Obama seeks to govern, particularly on tax and
budgetary matters, as if there were no House Republicans, and as if the
Constitution did not state that "All Bills for the raising Revenue shall
originate in the House ..." See, Article I, Section 7, Paragraph 1.) Regardless
of the merits of this bill, President Obama will oppose it.
Nor will Sen. Harry Reid (D-NV),
the Senate Majority Leader, bring this bill to the Senate floor.
Because of the opposition from President Obama and key Senate Democrats, this
bill is not likely to move any further. House Republicans
understand this. This bill's bleak prospects gave House Republicans the
opportunity to try to use this bill to influence upcoming House elections. It
also gave them the opportunity to vote for this bill without jeopardizing the
usefulness of a permanently temporary credit in maximizing campaign
contributions, and for budgetary smoke and mirrors.
One of the things that
Representatives and Senators constantly do is take positions, regardless of legislative
outcomes, to further their re-election goals. The Republican leadership is
taking a position, and enabling House Republicans to take a very public
position, in support of the research and development
tax credit, and the economic benefits that it brings.
The House Republican leadership is also causing the Obama administration and
many Democratic Representatives to take a position against the R&D tax credit.
However, the House Republican leadership strategy will likely have only limited
effect. The impact on House elections in November may be significantly nullified by
the fact that most of the Democrats facing serious challenges voted for the
bill, while those incumbents who hold safe seats tended to be the ones who voted
against the bill.
Moreover, President Obama is not on the ballot in November. Neither is Sen. Reid.
Republicans voted 212-1. See, Roll
Call No. 211. Rep. John Campbell (R-GA) was
the only Republican who voted no.
Democrats voted 62-130. That is, 32.3% of Democrats voted yes.
Democrats who represent districts that are home to tech companies and their employees
were somewhat more likely to vote yes than Democrats generally. But, this does not account
for many of the yes votes.
The larger determinant of the vote of Democrats was whether or not they may expect to
face significant election challenges in November of 2014. Endangered Democrats were much
more likely to vote yes. This is observable from an examination of the percentage of the
vote won in the 2012 general election. Those with smaller winning margins were much more
likely to vote yes.
Examine, for example, the state of Washington, home to Microsoft, Amazon and
other tech companies. Its four Republicans, who represent the districts that
cover areas south and east of Seattle, all voted yes. Rep. Dave Reichart's
(R-WA) district stretches from the Seattle suburbs east into the center of the
state. The rest of the Seattle area is represented by Democrats, who split 3-3.
Rep. Suzan DelBene (D-WA), Rep. Derek Kilmer (D-WA), and Rep. Joe Heck (D-WA)
voted yes, while Rep. Rick Larsen (D-WA), Rep. Adam Smith (D-WA), and Rep. Jim
McDermott (D-WA) voted no.
Next, compare the 2012 percentages of the vote won by those who voted for the bill --
Rep. DelBene (53.6%), Rep. Kilmer (59.0%), and Rep. Heck (58.2%) -- to the percentages won
by those who voted no -- Rep.Larsen (60.9%), Rep. Smith (71.4%), and Rep. McDermott
(79.5%).
The Silicon Valley area is represented only by Democrats. They split on this vote.
Rep. Mike Honda (D-CA) and Rep. Eric Swalwell (D-CA) voted yes, while Rep. Zoe Lofgren
(D-CA), Rep. Anna Eshoo (D-CA), and Rep. Jackie Speier (D-CA) voted no.
Next, compare the winning percentages of the Silicon Valley and nearby members who
voted no -- Rep. Eshoo (70.2), Rep. Lofgren (72.9), Rep. Speier (74.2), Rep. Doris Matsui
(74.6), Rep. Sam Farr (72.8), and Rep. Barbara Lee (69.1) -- to the winning percentages of
those who voted yes -- Rep. Swalwell (52.2), Rep. Jerry McNerney (54.7), Rep. Ami Bera
(50.8), and Rep. Honda (73.3). All of the safe seat Democrats voted no, except Honda.
All of the vulnerable Democrats voted yes.
There are two Democrats who represent districts in tech heavy northern Virginia, Rep.
Jim Moran (D-VA) and Rep. Gerry Connolly (D-VA). Both voted yes.
Consider also the following Democrats, and their 2012 election percentages, all of
whom voted for the bill: Rep. Daniel Maffei (D-NY) (48.4), Rep. Kyrsten Sinema (D-AZ)
(48.4), Rep. Carol Porter (D-NH) (49.7), Rep. Ron Barber (D-AZ) (50.1), Rep. Ann Kuster
(D-NH) (50.2), Rep. Patrick Murphy (D-FL) (50.3), Rep. Pete Gallego (D-TX) (50.3), Rep.
Scott Peters (D-CA) (50.5), Rep. Elizabeth Esty (D-CT) (51.5), Rep. William Enyart (D-IL)
(51.6), Rep. Sean Maloney (D-NY) (51.7), Rep. Raul Ruiz (D-CA) (51.9), Rep. Julia Brownley
(D-CA) (52.0), Rep. Earl Perlmutter (D-CO) (53.3), Rep. Cheri Bustos (D-IL) (53.3), Rep.
Joe Garcia (D-FL) (53.6), Rep. John Barrow (D-GA) (53.7), Rep. Rahall (D-WV) (54.0), Rep.
Rick Nolan (D-MN) (54.5), Rep. Lois Capps (D-CA) (54.8), and Rep. Dave Loebsack (D-IA)
(55.4).
Rep. Ann Kirkpatrick (D-AZ) (48.7) is the one notable vulnerable Democrat,
who is running for re-election, who voted against the bill.
Rep. Henry Waxman (D-CA) won in 2012 with only 53.2%, and he voted against
the bill. But, he is not running for re-election. (Also, Rep. John Campbell
(R-CA) (59.1), the only Republican to vote against the bill is not running for
re-election.)
On the other hand, Rep. Jim Matheson (D-UT) (49.3), Rep. Mike McIntyre (D-NC) (50.1),
and Rep. Bill Owens (D-NY) (50.3) voted for the bill, and are not running for re-election.
In short, the list of Democrats who voted for this bill is a who's who of narrowly
elected and vulnerable Democrats. All of these endangered Democrats will be able to campaign,
and seek endorsements and contributions, on their having voted to permanently extend the
R&D tax credit. This will do much to undermine the Republican strategy of using this
bill to influence the 2014 elections.
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FEC Adopts Advisory Opinion on Use of
Bitcoins in Federal Election Campaigns |
5/8. The Federal Election Commission (FEC) held a
business meeting on May 8, 2014 (held over from April 23) at which it adopted an
advisory
opinion (AO) regarding application of the federal election campaign finance
regulatory regime to Bitcoins. This AO ducks important questions, and leaves much
uncertainty.
The AO states that the committee that requested this AO may accept Bitcoins, and may
purchase Bitcoins, but must sell these and deposit the proceeds into its campaign depository
before spending these funds. But, there was no majority of this six member body on the
issue of whether or not the requestor may acquire goods and services with Bitcoins it
receives as contributions. Also, the requestor stated in advance that it would only accept
Bitcoin contributions of up to $100. The FEC has not opined on Bitcoin contributions of
over $100.
Hence, this AO is narrow, and leaves much uncertainty regarding the future use of
Bitcoins in federal election campaigning.
The vote to approve this AO was 6-0. The FEC is governed by six members who are
appointed by the President and confirmed by the Senate. Three must be Republicans and three
Democrats. On this issue, as with some other issues, FEC Democrats emphasized regulation
of elections, while FEC Republicans emphasized free speech.
This document is FEC AO 2014-02. See also, story titled "FEC to Consider Bitcoin
Advisory Opinions" in TLJ Daily E-Mail Alert No. 2,642, April 18, 2014.
Make Your Laws PAC, Inc. , also known as MYL,
filed its request [11 pages in PDF]
for an advisory opinion (AO) on February 11, 2014. MYL is, within the meaning of the
Federal Election Campaign Act (FECA) and regulations thereunder, a non-connected political
committee.
This AO concludes that "the requestor may accept bitcoin contributions as proposed
in its advisory opinion request and supplemental filings subject to valuation and reporting
procedures similar to those that the Commission has previously recognized in analogous
circumstances."
Also, "the requestor may purchase bitcoins with funds from its campaign depository
for investment purposes but may not make disbursements using those purchased bitcoins
because Commission regulations require the committee’s funds to be returned to a campaign
depository before they are used to make disbursements."
Finally, the AO states that "The Commission could not approve a response by the
required four affirmative votes as to whether MYL may acquire goods and services with bitcoins
it receives as contributions."
In its request, MYL only requested a AO that it could accept contributions of
up to $100. The FEC AO opines that it may.
The FEC has not in this AO, or in any other AO, opined on Bitcoin contributions in
excess of $100.
Lee Goodman, a Republican, wrote that the FEC "lacks any statutory authority to
impose a $100 limit on bitcoin contributions as a general rule". He explained that
Bitcoins are not cash or currency, and hence, are not governed by the FECA's $100 limit
on cash contributions. Rather, Bitcoins are in kind contributions, subject to the FECA's
much higher limits on such contributions.
Goodman added that the "Political committees that have proceeded to accept bitcoins
in the absence of Commission guidance have done so properly and may continue to do so. The
Supreme Court has made clear that "prospective speakers are not compelled by law to
seek an advisory opinion from the FEC before the speech takes place." Innovation and
technology should not and will not stand idly by while the Commission dithers." (Quoting
from the Supreme Court's
opinion in Citizens United v. FEC, 558 U.S. 310 (2010).)
In contrast, Democrats Ann Ravel, Steven Walther and Ellen Weintraub wrote in their
statement that "The bitcoin system raises serious concerns with regard to a political
committee's obligation to identify its contributors and determine the legality of
contributions it receives, as required by the Act."
Also, they wrote that Bitcoin "contributions are most like cash contributions,
on which the Act imposes strict limits" of $100 per contributor per election.
They added that "the $100 limitation on MYL's acceptance of bitcoins was a
material aspect of the proposed transaction upon which we relied".
Disclosure. Many years ago the FEC served a subpoena for the production of
records on David Carney, author of this article. Interview notes and calendars were
responsive to the subpoena, but nothing was produced, and communications were hostile.
Readers may wish to consider this in assessing the objectivity of any TLJ articles about
the FEC.
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Gary Becker Died |
5/3. Gary Becker died. He was a long
time professor of economics at the University of Chicago. He won a Nobel Prize in economics
in 1992. The Federal Communications Commission (FCC) has rejected his advice about broadband
regulation.
In 2002, Becker and others filed a
comment with the FCC in which they argued that the FCC "should not regulate
broadband Internet access at this time. In the current market, there is no justification
for substituting government regulatory criteria for the competitive process of the
marketplace in arriving at optimal technologies, access arrangements, and business models.
The results of such regulation can only suppress investment into new technologies and
services that would otherwise increase consumer choice and enhance the development of
advanced communications networks." See also, story titled "Nobel Economists
Comment on Broadband Regulation" in
TLJ Daily E-Mail Alert No.
426, May 7, 2002.
In 2010 Becker coauthored a
paper titled "Network Neutrality and Consumer Welfare" which was published
in the Journal of Competition Law and Economics.
They wrote that "there is
significant and growing competition among broadband access providers and that few significant
competitive problems have been observed to date. ... We conclude that antitrust enforcement
and/or more limited regulatory mechanisms provide a better framework for addressing
competitive concerns raised by proponents of net neutrality."
The FCC has not followed his advice. The U.S.
Court of Appeals (DCCir) has twice overturned FCC efforts to regulate broadband internet
access. It has done so because the FCC has lacked statutory authority, not because the FCC
has not followed Chicago school economic analysis.
Also, the FCC is scheduled to adopt new rules at its meeting on Thursday, May 15 that
regulate broadband internet access service. This proceeding is GN Docket No. 14-2. See also, FCC
agenda and story titled "FCC Announces Tentative Agenda for May 15 Meeting"
in TLJ Daily E-Mail Alert No. 2,646, April 24, 2014.
Back in 1959, another Chicago school economist, Ronald Coase, who died last year, wrote
the seminal article, "The
Federal Communications Commission", published in the Journal of Law and Economics,
which argued for exclusive rights in spectrum, and allocation by competitive auctions.
He argued that "the allocation of resources should be determined by the
forces of the market rather than as a result of government decisions".
Spectrum industries "do not call for any fundamental changes in the legal and
economic arrangements which serve other industries". He argued that users should hold
exclusive rights in spectrum, and the appropriate way to allocated that spectrum is by
competitive bidding.
Coase also explained that "Quite apart from the malallocations which are the
result of political pressures, an administrative agency which attempts to
perform the function normally carried out by the pricing mechanism operates
under two handicaps. First of all, it lacks the precise monetary measure of
benefit and cost provided by the market. Second, it cannot, by the nature of
things, be in possession of all the relevant information possessed by the
managers of every business which uses or might use radio frequencies, to say
nothing of the preferences of consumers for the various goods and services in
the production of which radio frequencies could be used."
It took the FCC 35 years to begin to follow this advice. While the FCC has held auctions
since 1994, it continues to meddle with "forces of the market" when it auctions
spectrum. The FCC is scheduled to adopt two orders at its May 15 meeting regarding the
upcoming broadcast television spectrum incentive auction in which the FCC may limit
competition. The proceedings are WT Docket Nos. 12-268 and 12-269.
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More People and
Appointments |
5/10. Lee Kun-hee, Chairman of Samsung Electronics, had a heart
attack.
5/8. Federal Communications Commission (FCC) Chairman Tom Wheeler named Kim Hart
his Press Secretary. See, FCC
release. She was previously Director of Corporate Communications at Neustar. Before that,
she worked for Politico. And before that, she worked for The Hill.
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In This
Issue |
This issue contains the following items:
• House Passes R&D Tax Credit Bill
• Commentary: Political Strategies Associated with the R&D Tax Credit Bill
• FEC Adopts Advisory Opinion on Use of Bitcoins in Federal Election Campaigns
• Gary Becker Died
• More People and Appointments
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Washington Tech
Calendar
New items are highlighted in
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Monday, May 12 |
The House will not meet the week of May 12-16,
except for pro forma sessions. See, House
calendar.
The Senate will meet at 2:00 PM.
Day one of a three day event titled "2014
GovSec Conference and Expo". See, event web
site. Location: Washington Convention Center, 801 Mount Vernon Place, NW.
9:00 AM - 3:00 PM. The Center
for Strategic and International Studies (CSIS) and
Brookings Institution (BI) will host a program titled "35 Years Later:
Assessing the Effectiveness of the Taiwan Relations Act". The speakers will
include Shen Lyushun (Taipei Economic and Cultural Representative). See, CSIS
notice and BI
notice. Location: CSIS, 1616 Rhode Island Ave., NW.
12:00 NOON. Marc
Levoy (Stanford University) will deliver a presentation titled "Google
Glass and the Future of Photography". This is a ticketed event. The price to
attend ranges from free to $5. See,
notice. Location:
National Press Club, 13th Floor, 529 14th St., NW.
12:00 NOON - 1:00 PM. The
American Bar Association's (ABA) Section of
Antitrust Law will host a teleconferenced panel discussion titled "In-House Counsel
Antitrust Update for March & April". Prices vary. No CLE credits. See,
notice.
CANCELLED. 6:00 - 8:15 PM. The
Federal Communications Bar Association (FCBA) will
host an event titled "Transition to All IP Networks: Update on Issues and Progress
at State Commissions". The speakers will be __. Prices vary. CLE credits. No
webcast. The deadline for registrations and cancellations is 5:00 PM on May 9. See,
notice. Location: __.
EXTENDED TO JUNE 26. Deadline to submit
initial comments to the Federal Communications Commission (FCC) in response to its
Further Notice of Proposed Rulemaking (NPRM) regarding whether to eliminate or modify
the network non-duplication and syndicated exclusivity rules. The FCC adopted and
released this FNPRM on March 31, 2014. It is FCC 14-29 in MB Docket No. 10-71. See,
notice in the
Federal Register, Vol. 79, No. 69, April 10, 2014, at Pages 19849-19860. See,
Public Notice (DA 14-525) extending deadlines.
Deadline to submit initial comments to the Federal Communications
Commission (FCC) in response to its
Further Notice of Proposed
Rulemaking (NPRM) regarding location surveillance. This FNPRM is FCC 14-13 in
PS Docket No. 07-114. The FCC adopted it on February 20, 2014, and released it on February
21. See, notice
in the Federal Register, Vol. 79, No. 60, March 28, 2014, at Pages 17819-17847. See also,
story titled "FCC Proposes Changes to Location Surveillance Rules" in
TLJ Daily E-Mail
Alert No. 2,629, February 24, 2014.
EXTENDED TO JUNE 12. Deadline to submit reply
comments to the Federal Communications Commission (FCC) in response to its
Public Notice (PN)
that requests comments to refresh the record regarding the ability of non-English speakers
to access emergency information. This PN is DA 14-336 in EB Docket No. 04-296. The FCC
released it on March 11, 2014. See also,
notice
in the Federal Register, Vol. 79, No. 60, March 28, 2014, at Pages
17490-17493. See, April 24
Public Notice (DA 14-552) extending deadlines.
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Tuesday, May 13 |
The House will meet at 1:00 PM in pro forma
session.
Day two of a three day event titled "2014
GovSec Conference and Expo". At 8:45 AM Thomas Donilon (previously National
Security Advisor to President Obama) will give a speech titled "America's Foreign,
Defense & Cyber Policy: An Insider’s Perspective". At 11:30 AM, there will
be a presentation titled "Cyber Supply Chain Risk". At 1:30 PM, there will
be a panel titled "Privacy vs National Security: How Snowden Changed the Debate --
Patriot or Traitor?". At 2:45 PM, there will be a presentation titled "The Rise
of Critical Infrastructure Attacks: Understanding the Privileged Connection". See,
event web site. Location: Washington
Convention Center, 801 Mount Vernon Place, NW.
9:00 - 11:00 AM. The
Brookings Institution (BI) will host a panel discussion titled "Hacking
America's Health". See,
notice. Location: BI, 1775 Massachusetts Ave., NW.
9:30 AM. The Senate
Judiciary Committee (SJC) will hold a hearing on two nominees for the
Court of Appeals, and five nominees for District Courts.
The nominees are Julie Carnes (USCA/11thCir), Jill Pryor (USCA/11thCir),
Leslie Abrams (USDC/MDGa), Michael Boggs (USDC/NDGa), Mark Cohen (USDC/NDGa),
Leigh May (USDC/NDGa), and Eleanor Ross (USDC/NDGa). Webcast. See,
notice.
Location: Room 226, Dirksen Building.
9:30 AM. The U.S. Court of Appeals
(DCCir) will hear oral argument in Sorenson Communications v. FCC, App.
Ct. No. 13-1122. This pertains to Internet Protocol Captioned Telephone Service (IPCTS).
See also, FCC
brief filed on March 13, 2014. Judges Brown, Griffith and Millett will preside. This
is the third item on the Court's agenda. Location: USCA Courtroom, Prettyman Courthouse,
333 Constitution Ave., NW.
1:00 - 2:30 PM. The American Bar
Association (ABA) will host a webcast panel discussion titled "Music Licensing
2014: Songs and Sound Recordings". The speakers will be __. Prices vary. CLE credits.
See, notice.
2:30 PM. The Senate
Judiciary Committee (SJC) will hold a hearing titled "Economic Espionage and
Trade Secret Theft: Are Our Laws Adequate for Today's Threats?". This hearing
was previously scheduled for March 25, 2014. The witnesses will be __. See,
notice. See also, S 2267
[LOC |
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"Defend Trade Secrets Act of 2014", and stories titled "Sen. Coons
Introduces Bill to Create Federal Private Right of Action for Misappropriation of Trade
Secrets" and "Summary of S 2267, the Defend Trade Secrets Act" in TLJ
Daily E-Mail Alert No. 2,653, May 5, 2014. Location: Room 226, Dirksen Building.
Deadline to submit comments to the Federal Communications Commission
(FCC) regarding whether "whether additional guidance, clarification, or modification
regarding the ``answered´´ and ``ring no answer´´ categories of call attempts described
in Appendix C of the Rural Call Completion Order is necessary." The FCC adopted its
Report and
Order on October 28, 2013, and released it on November 8, 2013. It is FCC 13-135 in
WC Docket No 13-39. See, FCC's April 21, 2014
Public Notice (DA 14-526),
and notice in
the Federal Register, Vol. 79, No. 87, May 6, 2014, at Pages 25682-25683.
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Wednesday, May 14 |
8:00 AM - 5:00 PM. The
George Mason
University law school's Law and Economics Center (LEC) will host a conference
titled "The Future of Privacy and Data Security Regulation".
FTC Commissioner Maureen Ohlhausen will be the
keynote speaker. See,
notice. For more information, call Jeff Smith at jsmithq at gmu dot edu or
703-993-8382. Location: GMU law school, 3301 Fairfax Drive, Arlington, VA.
Day three of a three day event titled "2014
GovSec Conference and Expo". At 10:30 AM, there will be a panel
titled "Managing Cyber Risk Factors: Defensive Strategies for Protecting
Critical
Infrastructure". See, event web
site. Location: Washington Convention Center, 801 Mount Vernon Place, NW.
10:00 AM. The
Senate Appropriations Committee's
(SAC) Subcommittee on Defense will hold a hearing titled "Defense Research and
Innovation". See,
notice. Location: Room 192, Dirksen Building.
12:15 - 1:30 PM. The DC
Bar Association's Media Law Committee will host a lunch meeting to discuss issues
that affect journalists, including libel suits, subpoenas to obtain sources, content
regulation, freedom of information requests, and access to courts and other public places.
Free. Bring your own lunch. No CLE credits. See,
notice. Location: Washington Post, 1150 15th St., NW.
1:00 - 3:00 PM. The Information
Technology and Innovation Foundation (ITIF) will host a panel discussion titled
"Innovations in Elections: Making Voting Accessible for Everyone". See,
notice. Location: National Press Club, 13th Floor, First Amendment Room, 529 14th
St., NW.
1:00 - 2:30 PM ET. The
American Bar Association (ABA) will host a
webcast panel discussion titled "Should I Tweet About That? Ethics, Advertising,
and the Internet after ABA Ethics Opinion 465". The speakers will be Jennifer
Ellis, Ellen Pansky, Peter Joy, and Dennis Rendleman. Prices vary. CLE credits. See,
notice.
2:00 - 3:00 PM. The Consumer Electronics
Association (CEA) will host a webcast event titled "Quarterly Economic and
Tech Industry Outlook". The speaker will be Shawn DuBravac. Prices vary. See,
notice.
2:30 - 4:00 PM. The
Brookings
Institution (BI) will host an event titled "High-Speed Train
Technology: A New Frontier in U.S.-Japan Relations?". The speakers will be
Kenichiro Sasae (Ambassador of Japan), Mireya Solís (BI), and Edward Rendell (BI). See,
notice. Location: BI, 1775 Massachusetts Ave., NW.
3:00 - 5:00 PM. The DC Bar Association
will host a panel discussion titled "2014 International Trade Law & Policy
Debate". The speakers will be
Elizabeth Drake
(Stewart and Stewart),
Matthew McCullough (Curtis law firm), and
Benjamin Caryl (Kelley
Drye & Warren). The price to attend ranges from $5 to $10. No CLE credits. No webcast.
For more information, call 202-626-3463. The DC Bar has a history of barring reporters
from its events. See,
notice.
Location: U.S. International Trade Commission, Courtroom A, 500 E St., SW.
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Thursday, May 15 |
Supreme Court conference day.
See, October Term 2013
calendar.
8:45 AM - 3:15 PM. The
U.S. China Economic and Security Review Commission will host an event titled
"Stability in China: Lessons from Tiananman and Implications for the United
States". There will be panels titled "Tiananmen and Contemporary Economic,
Political, and Social Challenges in China", "Expression of Dissent in China
Today", and "Freedom of Expression and Media Control: Implications for the
United States". Free. Open to the public. Webcast. See,
notice. Location: Room 608, Dirksen Building.
9:00 AM - 4:00 PM. The Department of Commerce's (DOC)
National Oceanic and Atmospheric Administration's
(NOAA) Advisory Committee on Commercial Remote Sensing, which advises the NOAA on the
licensing of commercial remote sensing satellite systems, will meet. Open to the
public. See,
notice in the Federal Register Vol. 79, No. 72, April 15, 2014, at Pages 21212-21213.
Location: DOC, Room 1412, 1401 Constitution Avenue, NW.
9:30 AM. The
Senate Homeland Security and Governmental Affairs Committee's (SHSGAC) Subcommittee
on Investigations will hold a hearing titled "Online Advertising and Hidden Hazards
to Consumer Security and Data Privacy". The witnesses will be __. See,
notice. Location: Room 342, Dirksen Building.
10:30 AM. The Federal Communications Commission (FCC) will host an event
titled "Open Meeting". See,
agenda and story titled "FCC Announces Tentative Agenda for May 15 Meeting"
in TLJ Daily E-Mail Alert No. 2,646, April 24, 2014. Location: FCC, Commission Meeting
Room, Room TW-C305, 445 12th St., SW.
12:00 NOON - 1:30 PM ET. The
American Bar Association (ABA) will host a
webcast panel discussion titled "The Current State of Mobile Health: Legal and
Regulatory Issues". The speakers will be Paul DeMuro, Rene Quashie, Carolyn
Petersen, and Lee Kim. Prices vary. CLE credits. See,
notice.
12:30 - 6:00 PM. Day one of a two day meeting of the
National Science Foundation's (NSF) Advisory
Committee for Computer and Information Science and Engineering. See,
notice
in the Federal Register, Vol. 79, No. 85, May 2, 2014, at Pages 25155-25156. Location:
NSF, Suite 1235, 4201 Wilson Boulevard, Arlington, VA.
1:00 - 2:30 PM. The
Brookings
Institution (BI) will host an event titled "TTIP in Light of Turkish Trade
Policy and Economic Relations with the United States". The main speaker will
be Nihat Zeybekci (Turkey's Minister of Economy). See,
notice. Location: BI, 1775 Massachusetts Ave., NW.
2:15 PM. The Senate
Foreign Relations Committee (SFRC) will hold a hearing on nominees, including
Nina Hachigian to be U.S. representative to the Association of Southeast Asian
Nations (ASEAN). See,
notice. Location: Room 419, Dirksen Building.
Deadline to submit to the Department of Homeland Security's (DHS)
National
Protection and Programs Directorate petitions for reconsideration of the DHS'
classifications of critical infrastructure in which "a cybersecurity incident could
reasonably result in catastrophic regional or national effects". This is part of the
regulatory process created by the Obama administration, and Executive Order 13636, in
particular. See,
notice in the Federal Register, Vol. 79, No. 74, April 17, 2014, at Pages 21780-21782.
See also, story titled "DHS Announces Petition for Review Process for Critical
Infrastructure Classifications" in TLJ Daily E-Mail Alert No. 2,640, April 16,
2014.
Deadline to submit comments to the National
Institute of Standards and Technology's (NIST) Computer
Security Division (CSD) regarding its draft
SP
800-56 B Rev. 1 [132 pages in PDF] titled "Recommendation for Pair-Wise
Key-Establishment Schemes Using Integer Factorization Cryptography".
Deadline to submit comments to the U.S.
Coast Guard in response to its
notice in the
Federal Register (FR) that it intends to enter into a Cooperative Research and Development
Agreement (CRADA) with General Dynamics "to develop, demonstrate, evaluate, and document
viable technical approaches for securely forwarding maritime-related smart phone (voice
image position and text) through Next Generation/Enhanced 9-1-1 (NG 911) into the Coast
Guard Rescue21 System". (Parentheses in original.) See, FR, Vol. 79, No. 72, April
15, 2014, at Pages 21255-21256. This is Docket Number USCG-2014-0233.
Deadline to submit comments to the Department of Homeland Security's
(DHS) Customs and Border Protection's (CBP)
Advisory Committee on
Commercial Operations of Customs and Border Protection in advance of its May 22,
2014 meeting in Miami, Florida. The CBP engages in several technology related activities,
including enforcement of intellectual property rights (IPR) by seizing infringing goods,
seizure of domain names, and warrantless searches of laptops, tablets, phones and other
devices at entry points. The agenda for the meeting includes discussion of "the
recommendations on the Intellectual Property Rights (IPR) Working Group's work to determine
the feasibility of a Partnership Program for IPR" and "application of the Document
Imaging System as a tool for IPR authentication". See,
notice
in the Federal Register, Vol. 79, No. 86, May 5, 2014, at Pages 25608-25609, and CBP
notice.
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Friday, May 16 |
8:30 AM - 2:00 PM. Day one of a two day meeting of the
National Science Foundation's (NSF) Advisory
Committee for Computer and Information Science and Engineering. See,
notice
in the Federal Register, Vol. 79, No. 85, May 2, 2014, at Pages 25155-25156. Location:
NSF, Suite 1235, 4201 Wilson Boulevard, Arlington, VA.
12:00 NOON. The Internet Caucus will host an event titled "The FCC
Is Auctioning Off the Public’s Spectrum: How Will It Affect The Internet?". See,
notice. Location: __.
Deadline to submit comments to the
Copyright Office in response to its
notice of inquiry that "announces the initiation of a study to evaluate the
effectiveness of existing methods of licensing music". See,
notice in
the Federal Register, Vol. 79, No. 51, March 17, 2014, at Pages 14739-14743.
EXTENDED FROM MARCH 17. Extended deadline to submit reply comments
to the Federal Communications Commission (FCC) in response to its
Notice of Proposed
Rulemaking (NPRM) regarding mobile communications services aboard airborne
aircraft. This item is FCC 13-157 in WT Docket No. 13-301. The FCC adopted it
on December 12, 2013, and released it on December 13, 2013. See,
notice
in the Federal Register, Vol. 79, No. 51, March 17, 2014, at Pages 14634-14635, and
Public Notice (DA 14-327), extending this deadline.
Deadline to submit reply comments to the Federal Communications
Commission's (FCC) Consumer and Governmental Affairs Bureau in response to its
Public Notice (PN) regarding FCC rules that require fax advertisements sent to a
consumer who has provided prior express invitation or permission to include an opt-out
notice. This PN is DA 14-556 in CG Docket Nos. 02-278 and 05-338. The FCC released it
on April 25, 2014.
Deadline to submit exhibitor applications for the
U.S. Patent and Trademark Office (USPTO) event titled
"2014 National Trademark Expo" to be held on October 17-18, 2014. See,
notice.
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About Tech Law
Journal |
Tech Law Journal publishes a free access web site and a subscription e-mail alert.
The basic rate for a subscription to the TLJ Daily E-Mail Alert is $250 per year for
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Free one month trial subscriptions are available. Also, free subscriptions are
available for federal elected officials, and employees of the Congress, courts, and
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For information about subscriptions, see
subscription information page.
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card payments page.
TLJ is published by
David
Carney
Contact: 202-364-8882.
carney at techlawjournal dot com
3034 Newark St. NW, Washington DC, 20008.
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Copyright 1998-2014 David Carney. All rights reserved.
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