Committee on Private Companies (CPC).

• Author: Davila, Serena
• Position: FEI TECHNICAL COMMITTEES - Brief article

Committee on Private Companies (CPC)

Staff Liaison: Serena Davila

* Policy Subcommittee: On April 23-25, members of the Policy Subcommittee of FEI's Committee on Private Companies (CPC) participated in the second annual Capitol Hill "fly-in." Members of the subcommittee lobbied eight senators and representatives and their staffs on four top issues.

The members of Congress included: Rep. Judy Biggert (R-Ill.), Sen. Saxby Chambliss (R-Ga.), Sen. John Cornyn (R-Texas), Rep. Joe Courtney (D-Conn.), Sen. Ben Nelson (D-Neb.), Sen. Mark Pryor (D-Ark.), Rep. Jim Ramstad (R-Minn.) and Rep. Peter Roskam (R-Ill.).

The four issues the subcommittee discussed with legislators included: reform of the individual alternative minimum tax, immigration laws for companies, the Interest Charge Domestic International Sales Corporation (IC-DISC issue) and the Employee Free Choice Act of 2007 (a union issue).

* Standards Subcommittee: On March 29, the Standards Subcommittee met in Stamford, Conn., with Financial Accounting Standards Board (FASB) Chairman Bob Herz and Board Member Tom Linsmeier, to present private company perspectives on financial...