Executive Compensation

(Items in italic are available only to Council members.)

Official Source Documents February 18, 2010 — Draft QSERP Legislation January 14, 2010 — Official Summary of the Wall Street Compensation Reform Act (Sen. Bill Nelson) February 4, 2010 — Taxpayer Fairness Act (Webb) February 4, 2010 — Official Fact Sheet on Taxpayer Fairness Act (Webb) December 2, 2009 — The Wall Street Reform and Consumer Protection Act (H.R. 4173) November 19, 2009 — GAO Report: Sponsors of 10 Underfunded Plans Paid Executives Approximately $350 Million in Compensation Shortly Before Termination October 2, 2009 — Lincoln Amendment to America's Healthy Future Act regarding Executive Compensation July 31, 2009 — Corporate and Financial Institution Compensation Fairness Act (H.R. 3269), as Passed by House July 20, 2009 — Investor Protection Act (Treasury Department Legislative Proposal) May 22, 2009 — Shareholders Bill of Rights Act of 2009 (Schumer) March 23, 2009 — Rep. Barney Frank Executive Compensation Legislation March 19, 2009 — Compensation Fairness Act of 2009 (Baucus/Grassley) March 19, 2009 —News Release and Summary of Compensation Fairness Act of 2009 March 19, 2009 — TARP Tax on Bonuses Legislation (H.R. 1586)(Rangel) March 9, 2009 — Council Comment Letter to IRS on Proposed 409A Regulations February 3, 2009 — Cap Executive Officer Pay Act January 30, 2009 — GAO Report: Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues October 3, 2008 — Official Section-by-Section Summary of the Emergency Economic Stability Act Division of H.R. 1484 October 1, 2008 — Joint Tax Committee Description of the Tax Provisions of the Emergency Economic Stability Act Division of H.R. 1424. October 1, 2008 — Economic Rescue Package (H.R. 1424) as considered by Senate September 28, 2008 — The Emergency Economic Stabilization Act September 28, 2008 — Official Summary of the Emergency Economic Stabilization Act September 28, 2008 — Official Section-by-Section Summary of the Emergency Economic Stabilization Act July 24, 2008 — Jobs, Energy, Families, and Disaster Relief Act (S. 3335) July 14, 2008 — Letter to Senate Finance Committee Regarding Offshore Compensation Provision June 12, 2008 — Energy Independence and Tax Relief Act (S. 3125)(Baucus) June 10, 2008 — Official Summary of the Senate Substitute Energy and Tax Extenders Legislation May 16, 2008 — The Heroes Earnings Assistance and Relief Tax (HEART) Act (H.R. 6081) May 16, 2008 — Summary of The Heroes Earnings Assistance and Relief Tax (HEART) Act (H.R. 6081) May 15, 2008 — Energy and Tax Extenders Act (H.R. 6049)(Chairman’s Mark in Nature of Substitute) May 15, 2008 — Official Summary of Energy and Tax Extenders Act (H.R. 6049)(Chairman’s Mark in Nature of Substitute) May 15, 2008 — Joint Tax Committee Revenue Estimate of Energy and Tax Extenders Act (H.R. 6049)(Chairman’s Mark in Nature of Substitute) May 14, 2008 — Energy and Tax Extenders Act (H.R. 6049) May 14, 2008 — Official Summary of Energy and Tax Extenders Act (H.R. 6049) May 14, 2008 — Joint Tax Committee Revenue Estimate of Energy and Tax Extenders Act (H.R. 6049) April 28, 2008 — FAA Reauthorization Act (H.R.2881) April 17, 2008 — Alternative Minimum Tax and Extenders Tax Relief Act April 16, 2008 — Highway Technical Corrections Act (H.R. 1195), as considered by Senate April 15, 2008 — Corporate Executive Compensation Accountability and Transparency Act (S. 2866)(Clinton) December 19, 2007 — Defenders of Freedom Tax Act (H.R. 3997), as passed by Senate December 19, 2007 — Senate Finance Committee Summary of the Defenders of Freedom Tax Act (H.R. 3997), as passed by Senate December 18, 2007 — Revised Version of the Heroes Earnings Assistance and Relief Tax (HEART) Act (H.R. 3997) December 12, 2007 — Bush Administration Statement of Administration Policy on H.R. 4351 December 5, 2007 — House Oversight and Government Reform Committee Report on Conflicts of Interest Among Executive Compensation Consultants November 14, 2007 — Joint Tax Committee description of the Temporary Tax Relief Act of 2007 (H.R. 3996) November 14, 2007 — Estimated Revenue Costs for the Temporary Tax Relief Act of 2007 (H.R. 3996) November 14, 2007 — The Temporary Tax Relief Act of 2007 (H.R. 3996) (Chairman Rangel’s Mark) November 14, 2007 — Statement of Administration Policy on HR 3996 October 30, 2007 — Temporary Tax Relief Act (H.R. 3996) October 25, 2007 — Tax Reduction and Reform Act (Rangel) October 23, 2007 — Offshore Deferred Compensation Reform Act (H.R. 3923) (Emanuel) October 22, 2007 — IRS Notice 2007-86 Regarding Additional Transition Relief Under 409A October 18, 2007 — Offshore Deferred Comp Reform Act (S. 2199) October 17, 2007 — Official Summary of the Offshore Deferred Compensation Reform Act (Kerry/Emanuel) June 28, 2007 — Restoring Pension Promises to Workers Act (S. 1725)(Harkin) March 2, 2007 — Shareholder Votes on Executive Pay Act (H.R. 1257)(Frank) February 1, 2007 — Statutory Text of the Small Business and Work Opportunity Act of 2007 (H.R. 2) as Passed by Senate January 17, 2007 — Updated Joint Tax Committee Description of the Chairman's Mark of the Small Business and Work Opportunity Act of 2007 January 17, 2007 — Updated Joint Tax Committee Estimated Revenue Effects of the Chairman's Mark of the Small Business and Work Opportunity Act of 2007 January 12, 2007 — Joint Tax Committee Description of the Chairman's Mark of the Small Business and Work Opportunity Act of 2007 January 12, 2007 — Joint Tax Committee Estimated Revenue Effects of the Chairman's Mark of the Small Business and Work Opportunity Act of 2007

Council Materials February 13, 2009 — Executive Compensation Rules in Stimulus Bill and Treasury Guidance (Courtesy of Groom Law Group) September 23, 2008 — Council Letter to Senate Banking Committee Regarding Executive Compensation and the Financial Relief Program May 16, 2008 — Updated Council Talking Points on the Offshore Nonqualified Deferred Compensation Provision November 14, 2007 — Presentation for Conference Call on Nonqualified Deferred Compensation Proposals June 28, 2007 — Bullet Points on Section 162(m): Maintain Link Between 162(m) Four Highest Paid Officers and SEC Rules May 24, 2007 — Council talking points urging rejection of Section 162m expansion May 24, 2007 — Council talking points on Senate deferral limit on earnings March 14, 2007 — Council Written Testimony for House Ways and Means Committee Hearing on Revenue Raising Provisions in Minimum Wage Bill March 12, 2007 — Council talking points rejecting dollar caps on deferred compensation February 12, 2007 — Council Letter to Rangel Regarding Small Business Tax Package January 23, 2007 — Council Letter to Senate (with Examples) Opposing Tax Bill Provision January 23, 2007 — Trade Group Letter to House and Senate Opposing Tax Bill Provision House | Senate January 23, 2007 — Nonqualified Deferred Compensation Working Group Letter to Senate Opposing Senate Finance Committee Provision January 22, 2007 — Summary of Senate Finance Committee Small Business Tax Bill (Courtesy of Groom Law Group)

Official Source Documents January 5, 2010 — IRS Notice 2010-06: Relief and Guidance on Corrections of Certain Failures of a Nonqualified Deferred Compensation Plan to Comply with Section 409A(a) October 15, 2009 — IRS Notice 2009-85: Guidance for Expatriates Under Section 877A July 1, 2009 — SEC Proposed Regulations on Shareholder Approval of Executive Compensation of Tarp Recipients June 15, 2009 — Treasury Interim Final Rule on TARP Standards for Compensation and Corporate Governance June 10, 2009 — Treasury Department Fact Sheet on Say-on-Pay Measures June 10, 2009 — Treasury Department Fact Sheet on Compensation Committee Independence June 4, 2009 — IRS Notice 2009-49 Regarding Treasury Department Stock Transactions and Payments Under NQDC Plans February 4, 2009 — White House Press Release on TARP-Executive Compensation Rules January 21, 2009 — Additional Q&A Guidance on Executive Compensation Requirements for Participants in the Capital Purchase Program under the Troubled Asset Relief Program January 21, 2009 — Guidance on Executive Compensation Requirements for Participants in the Capital Purchase Program under the Troubled Asset Relief Program January 8, 2009 — IRS Notice 2009-8, Guidance under Section 457A December 10, 2008 — IRS Notice 2008-115: Reporting and Wage Withholding Under Internal Revenue Code Section 409A December 5, 2008 — IRS Relief and Guidance on Corrections of 409A Noncompliance December 5, 2008 — IRS Proposed 409A Regulations October 14, 2008 — Executive Compensation Guidance under TAAP Program October 14, 2008 —Executive Compensation Guidance under PSSFI Program October 14, 2008 —Interim Final Rule on Executive Compensation Guidance under TARP/CCP Program October 14, 2008 — IRS Notice 2008-94: Executive Compensation Guidelines for EESA July 2, 2008 — IRS Notice 2008-62: Interim Guidance on the Application of § 457(f) to Certain Recurring Part-Year Compensation February 21, 2008 — IRS Revenue Ruling 2008-13: Section 162(m) — Excessive Compensation February 1, 2008 — IRS Private Letter Ruling Under Code section 162(m) December 3, 2007 — IRS Notice 2007-100: Transition Relief and Guidance on 409A Corrections September 10, 2007 — 2008 Transition Relief and Additional Guidance on 409A July 30, 2007 — IRS Corrections to Final Section 409A Regulations July 12, 2007 — Corrections Published to Code Section 409A Preamble July 2, 2007 — IRS Revenue Ruling 2007-48 Regarding Taxability of Beneficiary of Employees' Trust April 10, 2007 — Final Treasury/IRS Regulations on Internal Revenue Code Section 409A February 8, 2007 — IRS Announcement 2007-18 on Compliance Resolution Program for Employee Other than Corporate Insiders for Additional 2006 Taxes Arising Under Section 409A Due to the Exercise of Stock Rights November 30, 2006 — IRS Notice 2006-100 Reporting and Wage Withholding under IRC 409A October 4, 2006 — IRS Guidance Providing Additional Transition Relief under 409A July 26, 2006 — SEC adopts changes to executive compensation disclosure requirements July 24, 2006 — IRS Final Regulations on Flat-Rate Supplemental Wage Withholding July 5, 2006 — IRS Notice 2006-64 Regarding Accelerated Payments March 21, 2006 — IRS Notice 2006-33, Guidance for Technical Corrections to Code Section 409A	Council Materials June 15, 2009 — Summary of Treasury Interim Final Rule on TARP Standards for Compensation and Corporate Governance (Courtesy of Groom Law Group) December 15, 2008 — Ernst & Young Tax Alert: IRS Issues Proposed Regulations on Calculating Includible Amounts Under Section 409A(a) January 16, 2009 — Miller & Chevalier Employee Benefits Alert: Treasury Issues Guidance on New Section 457A. February 20, 2008 — Council Letter to Treasury/IRS Regarding Private Letter Ruling Under Code Section 162(m) December 6, 2007 — Employee Benefits Alert: IRS Announces Limited 409A Correction Program (Courtesy of Miller & Chevalier) October 2, 2007 — Group Letter to Treasury Requesting Delay in 409A Regulations Effective Date August 29, 2007 — Group Letter to Treasury Requesting Delay in 409A Regulations Effective Date April 19, 2007 — Summary of Section 409A Regulations (Prepared by Groom Law Group) April 11, 2007 — Summary of Section 409A Regulations (Prepared by the Benefits Group of Davis and Harman) July 7, 2006 — Group Comment Letter to IRS Regarding Notice 2006-64 February 17, 2006 — Summary of SEC Disclosure Rules for Executive Compensation (PowerPoint Presentation)
Official Source Documents	Council Materials
March 14, 2007 — Council urges rejection of deferred compensation provision in minimum wage legislation January 25, 2006 — IRS urged to further clarify 409A compensation and benefits regulations
Social Security Administration