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Washington Update Archives

July 23, 2007	SEC Chairman Criticizes Muni Market - Suggests Legislative Fix, House Reauthorizes Appalachian Aid Panel for Twelve States, OMB Confirmation Hearings Set
July 16, 2007	GAO's Walker Appears on 60 Minutes, Senate Appropriations Committee Cuts Private Debt Collection at IRS, Senate Republicans Hit Bush on Possible SCHIP Veto, New OMB Nomination Put on Hold
July 2, 2007	Congress Goes into July 4th Recess, SEC Commissioner Comments on Markets, SEC Announces Advisory Commission on US Financial Reporting, NABL Comments on PILOTs Rulemaking
May 21, 2007	SEC Chairman Cites Quality of Disclosure to Address Fraud in the Municpal Market as Emerging Risk, Divestment Bill Would Require Federal List of Entities Investing in Iran, Can IRS Debt Collection Be Outsourced?
May 14, 2007	Supreme Court Conferences on Kentucky Bond Case, CPO Trial Set For September 2008, Senate Judiciary Asks: Will REAL ID Make Anyone Safer?
May 7, 2007	House Representative Calls for Issuers to Improve Disclosure, Financial Literacy Examined in Senate, California Unveils New Bond-buying Website, Senate Committee to Ask: Will REAL ID Make Anyone Safer?
April 30, 2007	Congressional Hearings Ramp Up, U.S. Comptroller Makes Guest Appearance on "The Colbert Report", Kucinich Introduces Impeachment Resolution Against Vice-President
April 23, 2007	Congress Returns from Spring Break, IRS Commissioner Resigns, States Look to "Combined Reporting" as a Method of Tax Reform
April 3, 2007	SEC Chairman Says GASB is Needed, Congress Goes Into Recess Following Election Verification/Audit Hearing, NCSL, NGA Comment on REAL ID, PCAOB Joins International Audit Group
March 26, 2007	GAO Gives Progress Update - Seeks More Operational Funding, Key Hearings Slated for Both House and Senate, New Comptroller Position Signed Into Law in New Jersey
March 19, 2007	Congress Prepares Massive War Supplemental, NABL Responds to IRS on Record Retention Issue, ACF Conducts Annual PARIS Conference with Record Attendance; Topics Include Improper Payment Pilot Projects, GFOA Examines GASB Role
March 12, 2007	Washington Office Survey Completed, SEC Chairman Proposes Muni Market Review, MSRB Could Operate CPO if DAC Lawsuit Succeeds, Senate Subcommittee Looks at Credit Card Fees
March 5, 2007	Senate Conducts Federal Financial Management Hearing, OMB Launches federalspending.gov to Solicit Opinions on FFATA, REAL ID Extension Language Now Available
February 20, 2007	Bill Introduced to Repeal 3% Withholding, Elections Legislation Designates State Auditor to Appoint Audit Committee, REAL ID Extension Introduced in Senate, House Conducts Oversight Hearing on Agency Guidance
February 12, 2007	NFMA Chairman Criticizes DAC Lawsuit, NABL Submits Comments on the Definition of Essential Governmental Functions, House to Look at President's Recent Executive Order on Agency Guidance
February 6, 2007	DAC Comes Under Fire for T-MAC/CPO Lawsuit, Congress Approves Continuing Resolution, Budget Committee Looks at Fiscal Challenges
January 29, 2007	DAC Sues T-MAC/CPO for Patent Infringement, Government Facing Year-Long Continuing Resolution, Budget Committee Schedules Hearings on Fiscal Challenges
January 22, 2007	President Amends Executive Order on Regulatory Planning and Review, PCAOB Releases Audit of Two of the Big Four Accounting Firms, Washington Survey Coming Soon!, Ways and Means Lines Up Hearings
January 15, 2007	DAC Patent May Cause Problems for CPO, Moody's Discusses OPEB Issues for Cities, Budget Committee Hears Distressing News on the State of America's Financial Condition
January 8, 2007	House/Senate Return for First Session of 110th Congress, First Slate of New Bills Introduced, State Sales Tax Reduction Passes, Hearings Crank Up
June 25, 2007	ABA Conducts Tax Gap Conference, Treasury to Create New Audit Advisory Panel, OMB Director Resigns, Rockefeller Institute Releases Revenue Report
November 20, 2006	Shift in Power Shakes up Congress as It Returns to Select New Leadership, IRPAC Conducts Public Meeting, Senate Subcommittee Looks at State CHIP Programs
October 2, 2006	Congress Conducts Flurry of Finance Hearings Prior to Recess
September 11, 2006	Congress Returns, Faces Tight Election Timetable, Senate Passes Its Version of Grants-Tracking Legislation, House Subcommittee Conducts Field Hearing on State and Local Government Retirement Security, Muni Council to Conduct CPO Demonstration
September 18, 2006	Congress Still Working on Tax Break Extenders, House Discusses Dynamic Analysis in Budgeting, Senate Committee Examines Financing of Terrorism, Second Anniversary of CPO Shows Huge Increase in Use
August 9, 2006	State Sales Tax Deduction Extension Gets Caught Up in Estate Tax Defeat, Field Hearing on State and Local Government Retirement Security Postponed, Senate Finance Looks Again at Tax Reform Issue, Congress Departs for Summer Recess
July 31, 2006	House Moves Financial Transparency Bill to Senate, Business Tax Elimination Tabled, Treasury Releases "Dynamic Analysis" Report on the Possible Permanent Extension of the President's Tax Relief Policies
July 24, 2006	Very Busy Congressional Week Culminates in Several Key Hearings, CMS Announces Medicaid Integrity Plan, State Taxation Debate Gets Hearing in Senate
July 17, 2006	House Looks to Expand State Bond Rating Businesses, Senate Hold Hearing on Grant Recipient Disclosure, Credit Card Interchange Hearing Added to Hearing Agenda, Oversight Subcommittee Looks at Tracking Terrorism Financing
July 6, 2006	IRS Headquarters Shut Down Until End of July, FDIC Conducts XBRL Meeting, TBMA/SIA Approve Merger, Congress Goes Into July 4 Recess
June 19, 2006	Congressional Hearings Dominate the Week's Activities, NGA, NASBO Release State Fiscal Survey
June 12, 2006	ACT Conducts Annual Recommendations Meeting, War Supplemental Comes Together, House to Look at State Taxation - Government Efficiency
May 30, 2006	Legislation Slows as Congress Recesses for Memorial Day, War Supplemental Pushed Back into June, $192 Million to be Spent on G-Gov Initiatives, NGA, NCSL Release REAL ID Implementation Report
May 22, 2006	War Supplemental Bogs Down, Tax Extensions May be Added to Pension Bill, House Subcommittee Examines Issues Regarding Cash Transaction Reporting and Money Laudering
May 15, 2006	Tax Cut Package Moves - Budget Resolution Does Not, GFOA Conducts Annual Conference; Looks at Audit and OPEB Issues, Rockefeller Institute Releases Wave of State Fiscal Research Documents
May 8, 2006	PCAOB to Host Internal Control Roundtable, SEC Chief Addresses House Committee, Emergency Supplemental Spending Bill Passes $108 Billion in Senate
May 1, 2006	IRS Names New Members to ACT, IRS Joins With States to Address Money Laundering Concerns, Public Service Work begins May 1
April 10, 2006	Taiwan Accounting Official Visits D.C. Office, Surge in Filings Shows Greater Use of Central Post Office (CPO), Oversight Hearing on Improper Payments Held
April 4, 2006	OPEB Conference Takes Place in Chicago, Medicaid Fraud Discussed in Senate Subcommittee, OMB Head Takes Over as President's Chief of Staff, AICPA, FASB Testify on Financial Reporting, Congress Declares April a Time to Learn Financial Responsibility
March 20, 2006	Congress Raises Debt Limit to Prevent Government Default, High-Risk Programs Under the Microscope, Ways and Means Subcommittee Examines Use of Tax-Preferred Bonds
March 13, 2006	Washington Office Survey Completed, Senate Looks at Improper Payments in Federal Agencies, Taiwan Audit Official to Visit Washington Office, Rockefeller Releases New State Fiscal Survey
March 6, 2006	SEC Official Comments on OPEB Disclosure Requirements, U.S. Comptroller, House Subcommittee Discuss Federal Financial Management: Deficit Addressed, Ways and Means Subcommittee to Conduct Hearing on Tax-Preferred Bonds
February 21, 2006	States Find Private Debt Collectors Causing Problems, President Sends Sixth War Supplemental to Congress, Treasury Stops Paying into Pension Fund to Avoid Hitting Debt Ceiling, Washington Office Survey Now Online
February 13, 2006	ExpectMore.gov Addresses Federal Performance Management, 2006 Washington Office Survey Now Live and Online!, Budget Hearings Dominate Congressional Agenda, SEC Budget Surges Past $900 Million
February 6, 2006	House/Senate Return for Final Session of 109th Congress, $39 Billion in Budget Cuts Passes House, Senate Budget Committee Hears from CBO on Budget Situation, Treasury Says Less SLGS Equals More Borrowing from Them
September 25, 2006	Congress in Town for One More Week, Report Says IRS Having Trouble Identifying Government Entities, State Groups Release Report Outling Costs of REAL ID Implementation
December 19, 2005	Ray to Succeed Carmichael as PCAOB's Chief Auditor, Gulf Coast to Receive Additional Katrina Relief, CBO Issues Latest Federal Deficit Report, House Committee Examines States Taxation of Retirement Income
December 12, 2005	Congress Sprints Towards End of Session, Congress Might See Another War Supplemental Bill in the Spring, House Committee to Look at State Taxation of Retirement Income, HHS Conducts PARIS Conference
November 21, 2005	Congress Cramming Its Calendar as Holidays Approach, House/Senate Nearing Final Passage of New Round of Tax Cuts/Extentions, Senate Committee Moves on Identity Theft Measure, House Conducts Financial Management Hearing, House Discusses Tax Code Revision
November 14, 2005	Senate Finance Gives Details on Tax Break Extension for 2005, House to Conduct Financial Management Hearing, House to Discuss Tax Code Revision
November 7, 2005	Advisory Panel on Tax Reform Proposes Several Changes, GAO Seeks Information on PL 106-107, PFN Conducts Fall Meeting, Advisory Committee on Tax Exempt and Government Entities Seeks New Members
October 31, 2005	Tax Panel Meets - Offers New Recommendation, Senate Subcommittee Conducts Hearing on Uncollected Taxes, Final Grant Accountability Guide Now Available
October 24, 2005	Tax Panel Meets - Offers New Recommendation, Senate Finance Releases Proposed Medicaid Changes in Budget Reconciliation, Social Security Taxable Base to Rise for 2006
October 11, 2005	Continuing Resolution Keeps Federal Government Operating, Tax Panel Sets New Deadline for Final Meeting, CMS Issues Interim Final Rule on Payment Errors
October 3, 2005	House Government Reform Looks at Possible Sunset/Results Commissions, House Judiciary Tackles Interstate Tax Issues, FirstGov to Provide Search Capability for State and Local Information, Stopgap Budget Bill Needed to Keep Government Running
September 26, 2005	Senate Conducts Identity Theft Hearing, PCAOB Chairman Resigns, Two Key House Hearings Slated for This Week
September 19, 2005	Congress to Cobble Together Emergency Relief Legislation for Gulf Coast States, IRS Increases Mileage Rate, Senate to Conduct Identity Theft Hearing, President Approves BRAC Recommendations
September 12, 2005	Congress Returns to a Radically Different Agenda, Muni Council Celebrates First Full Year of Central Post Office Operations, Tax Reform Panel Delays September Meetings, House Moves Forward with Medicaid Hearing
July 22, 2005	Second Round of London Bombings Tighten Security in Washington, Performance-based Budgeting Has Its Day on the Hill, Improper Payments Subject of Discussion in the House, Credit Card Security Hearing Results in Industry Recommendations
July 15, 2005	Congress Returns from July 4th Recess; Supreme Court Vacancy Debate to Fill Summer Schedule, Senate Committee Conducts Improper Payments Hearing, Three Key Hearings Set for Next Week, Senate Commerce Committee to Introduce Comprehensive ID Theft Measure
July 1, 2005	NSAA Meets with House Committee on Education and the Workforce, NASACT Meets with FMS, Senate Finance Subcommittee Discusses Savings and Investments, Medicaid Tops Hearing Agenda, TBMA Updates Governmental Accounting Seminar
June 17, 2005	Key Hearings Fill Congressional Docket This Week, Senate Conducts Medicaid Hearing, ID Theft/Data Breach Topic of Hearing on Thursday, Tax Reform Panel to Delay Recommendations
June 10, 2005	Congress Returns from Recess, House Subcommittee Holds Social Security Hearing on State/Local Employees, TBMA Unveils New Built By Bonds Website, IRS's ACT Meets This Past Wednesday, SEC to Get New Chairman
May 27, 2005	IRS's ACT Sets June Meeting, New 529 Legislation Introduced in Senate, SEC Finds Nearly $50 Million Shortfall on It's Books, Republicans Hope to Push Social Security Overhaul Before Summer Recess, Congress Departs for Memorial Day Recess
May 20, 2005	CBPP Releases State Structural Deficit Report, House Bill Introduced to Save 529 Plans, TBMA to Host Governmental Accounting Seminar, IRS Releases Clarifications to Circular 230, Chairman Thomas Seeks Support for Broad Retirement Bill
May 13, 2005	President Signs Supplemental - Driver's License Standards Legislation, Tax Advisory Panel Hears State/Local Tax Deduction Proposals, Rockefeller Institute Creates New State Finance Website, PCAOB Solicits Nominees for Standing Advisory Group
May 6, 2005	Senate in Recess - but House Labors On, Tax Advisory Panel to Meet Next Week, PFN Sends Comment Letter to Tax Advisory Panel
April 29, 2005	Treasury Releases New Improper Payments Report on IRS, GASB Official Addresses NFMA Panel, House Committee Looks to Raise FDIC Limits - Budget Conference Cuts Medicaid, Chinese Audit Director Stops by NASACT Washington DC Office
April 22, 2005	GAO Releases Report on Grants Simplification, Federal Tax Reform Panel Delves into State Tax Systems, Financial Services Host Financial Literacy/Social Security Hearing, Sarbanes-Oxley Implementation Discussed in House
April 15, 2005	Hearings Heat Up All Over the Hill, Several Key Hearings Scheduled for Next Week, Tax Reform Advisory Panel to Meet on Monday, Bankruptcy Bill Ready for President's Signature
April 8, 2005	Congress Returns - Sets Out on Spring Agenda, Muni-Council Meets - CPO Getting High Marks, Rockefeller Institute Issues State Fiscal Crisis Response Report
March 11, 2005	House Conducts Unfunded Mandates Hearing, Hagel Introduces Broad New Social Security Bill, AICPA Weighs in on Social Security Debate, IRS Issues Guidance on SILOs for Certain Partnerships/Passthroughs
March 4, 2005	Washington Issue Survey Extended to March 11, PFN Responds to Joint Tax Committee Finance Proposals, Bill Tracker Updated for New 109th Congress, Unfunded Mandates Hearing Set ofr House
February 18, 2005	GAO Publishes Report on 21st Century Challenges, Treasury Releases SILO Guidance, HHS Secretary Questioned on His "Accounting Gimmicks" Claim, NASACT Reminds Filers to Utilize DisclosureUSA
February 4, 2005	New HHS Secretary Proposes State Accounting Reforms for Medicaid, Update on the Fuel Excise Tax Issue, Governing Magazine Conducts Outlook in the States 2005 Meeting, New Study Finds Major Corporations Avoiding State Taxes
January 28, 2005	109th Congress Gets Underway; Issue Survey Coming Soon, GAO Releases State Medicaid Update in Their High-Risk Series, Joint Tax Committee Reports on Improved Tax Compliance, Treasury Issues Final State Offset Ruling
January 7, 2005	Congress Returns for First Session of 109th, Rockefeller Says States Face Big Hurdles in 2005, PFN to Meet Next Week
July 29, 2005	SEC Financial Management Topic of Senate Hearing, House Members Weigh in on Tax Revisions Proposals, Identity Theft Bill Passed Out of Commerce Committee, SEC Nominee Come Out of Committee, Congress Departs for Summer Recess
March 18, 2005	Smith Amendment Aims to Protect Medicaid from Budget Cuts, Tax Reform Panel Holds Fourth in Series of Public Hearings, GAO Releases Report on State Experiences in Performance Budgeting, Washington Issue Survey Results
December 10, 2004	Two Huge Tax Issues Top Agenda for 2005, Lame Duck Congress Passes Omnibus; President Signs Approves
October 1, 2004	Senate Conducts State College Savings Program Hearing, HHS to Push Disbursement of Unspent SCHIP Funds for States as Federal Fiscal Year Ends, House Passes New CFO Bill for the Virgin Islands
September 24, 2004	Senate Democrats Press for Rejection of Social Security Privatization, NLC Releases Fiscal Report-News Not So Good, Treasury Department to Release New Rules on SLGS, New Report Compares Tax Burdens for 50 States
September 17, 2004	Senator Plans Bill to Force States to Agree on Health Insurance Standards, PCAOB to Publish Interim Standards on Web, SEC Approcahing One Billion in Appropriations, San Jose Finance Official Praises New Central Post Office
September 10, 2004	Congress Returns, Yet Already Talks of Lame Duck Session, Muni Council Opens Central Post Office for Business This Week, State Sales Tax Deduction Could be Key to Corporate Tax Bill
July 23, 2004	House Financial Services Holds Hearing on Sarbanes-Oxley, Congressman Calls for SEC to Potentially Regulate 529 Plans, Massive Tax Overhaul Idea Alive in House, NCSL Releases Initial State Budget Report, Congress Heads Out of Town
July 16, 2004	Senate Committee Looks to Block State Regulation of Internet Phone Usage, PCAOB Names Financial Analysis and Risk Assessment Director, ACT Representative Seeks Member Input, SSN Disclosure Bill Moves Out of Subcommittee, Indian Affairs Committee Blocks
July 9, 2004	President Signs Law Giving GAO New Name, Illinois Governor Signs New State Accounting Law, Four Florida Counties Use Internet Auction to Recover Delinquent Property Taxes, Medicaid Costs Drag on States
June 25, 2004	House Financial Services Holds Oversight Hearing on PCAOB, PCAOB's New Advisory Committee Discusses its Role - Audit Standards, Reminder: Central Post Office Requires More Beta Testing
June 18, 2004	OMB Posts Cost Circular Comparison Chart, Central Post Office Requests More Beta Testing From State Finance Officials, Senate Bill Limiting State Revenues From Indian Casinos Causes Stir, Federal Deduction for State Sales Taxes in Limbo
June 10, 2004	Reagan Ceremonies Shut Down Legislative Process This Week, Key Hearings Scheduled for Next Week, IRS Conducts Annual Tax-Exempt/Government Entities (TE/GE) Meeting, Economist/Credit Rater Both Sees States in Recovery Mode, NASACT D.C. Office Closed Friday
May 21, 2004	State's Won't Get Price Break on New Technology Purchases from GSA Schedule, Federal Reserve Requests Comment on Debit Card Fees, AICPA Promotes Financial Literacy, Senate Passes Tax Administration Good Government Act, House, Senate Break for Recess
May 14, 2004	Rockefeller Institute Report Cites Good Revenue Picture for States 1st Quarter, TBMA Asks Issuers to Review Bond Sales Practices, Internet Bill at a Standoff, Swaps a Key Issue For Auditors, According to NFMA Panel
May 7, 2004	States Still Not Recovered from 2001 Recession, House and Senate Majority Leaders Outline Final Legislative Push, NFMA Says State's Unfunded Pensions May Affect Their Credit Ratings, New SILO Legislation in the Works, 2004 Compliance Supplement
April 30, 2004	Senate Holds Government Purchase Card Hearing, Internet Tax Bill Debate Picks Up, New SILO Legislation in the Works
April 9, 2004	Poynter, Hutchko to Visit Texas MAC Next Week - View New Disclosure Operations, DHS IG Says States Haven't Drawn Down Their First-Responder Funds, House Committee Approves Grant Reform Bill for First-Responders, House on Recess
April 2, 2004	Jenner Continues Attack on SILO Transactions, Upfront Medicaid Budget Requests Don't Sound Good to Congressional Democrats, SEC Calls for Increased Disclosure if IRS Says Funds Are Taxable, LSA Legislation Introduced in Congress
March 26, 2004	Senate Pulls Export Tax Bill: SILO Legislation on Hold, House Holds E-government Hearing, IRS Resumes Call for Using Private Debt Collectors, Delay Proposes Major Tax Overhaul...in 2005
March 19, 2004	SILO Language Pulled from House Bill, SEC to Examine State's 529 Plans, PCAOB Remains Active - Creates Own Internal Review Board, Senate in Recess - House Continues Work
March 12, 2004	Allen, Alexander Attempt to Find Compromise on Internet Moratorium, Streamlined Sales Tax Bills May See Action Soon, PCAOB Adopts Audit Standards on Internal Controls, Treasury Department Forms New Terrorism Financing Office
March 5, 2004	Appropriations Chair Says States Need to Pick Up More of the Transportation Tab, SILO Provisions Heating Up, Internet Tax Moratorium Proposals Bad for States and Counties Says Alexander, SEC to Discuss Proposed Rule Changes on Public Disclosure
February 27, 2004	The Future of Accounting Addressed in New High-Level Report, PCAOB to Meet Regarding Internal Controls, Cyber-security Alliance Formed to Assist Business/Governments, Computer Match to be Used to Offset US Debtors, NCSL Issues Annual State Budget Report
February 13, 2004	Congress Considers Halting SILO Transactions, Internet Access Tax Moratorium Still Under Debate, New Retirement Account Legislation to be Introduced Soon, Congress Leaves Town for President's Day Recess
February 6, 2004	NFMA Requesting Faster - More Informative Disclosure from Airport Issuers, T-MAC to Begin COP Beta Testing Soon, Want to Collect Delinquent Tax Debts? Shame them on the Internet!, SEC Official Urges Bond Market Transparency, Senate Office Buildings Reopen
January 23, 2004	Congress Returns - Senate Passes Omnibus Bill, Congress Fails to Halt Administration Proposal on Overtime Pay, Two Unreleased Administration Proposals Raise Questions for State and Local Governments, Possible Internet Access Moratorium Vote in February
June 4, 2004	House Version of Corporate Tax Bill May Include Break for States Without Income Taxes, IRS Holds Tax-Exempt/Government Entity Meeting Next Week, Senate Conducts Bank Secrecy/Terrorism Financing Hearing
January 30, 2004	Internet Tobacco Sales Could Become Taxable by States, President's Budget to be Released on Monday, New Treasury Proposal on Bond Opinions Could Drive up Issuer Costs, Issue Survey now on NASACT Website
November 21, 2003	Congress Struggles to Complete Business, National Intergovernmental Audit Forum Meets in D.C., Internet Access Tax Compromise Still Being Sought, McDonough Warns Big Four About Survival, Washington Office to Close Day After Thanksgiving
November 14, 2003	Senator Kerry Introduces State and Local Fiscal Assistance Bill, A Mutual Fund Version of the PCAOB? PCAOB Proposes New Standards on Audit Documentation, Muni Council Recommends T-MAC For New COP, Fall Summit
November 7, 2003	Critcism of Muni Council's "Post Office" Appears in Bond Buyer, IRS Seeking Nominations for TE/GE Committee, November 21 Adjournment Likely, Internet Access Tax Moratorium Up for Vote in Senate
October 31, 2003	Six Senators Now Have "Holds" on Internet Tax Moratorium Bill, Muni Council Set to Meet Again in Mid-November, Congress Likely to Remain in Session Through Thanksgiving
October 24, 2003	Four Senators Slow Move of Internet Tax Moratorium Legislation, PCAOB Chairman Comments on Recent Audit Standard Proposals, FASB Chairman Responds to Accounting Standard Harmonization
October 17, 2003	Sen. Enzi Introduces New Streamlined Sales Tax Bill; NCSL Releases Report on State's Use of Tobacco Funds; EU Tax Commission Pushes for Accounting Standard Harmonization; Senate Returns from Recess
October 10, 2003	PCAOB Proposes Audit Standards for Internal Control; Internet Access Tax Moratorium Language Complicated in Senate Committee; Private Debt Collection Language Slides into International Tax Bill; Senate on Recess - House Remains in Session this Week
October 3, 2003	Streamlined Sales Tax Hearing Held; OMB Denies Delay - Applicants to Comply with OMB Directive; Oklahoma State Representative Complains About Streamlined Sales Tax Agreement; Second Interim Disclosure Meeting Held Last Thursday
September 25, 2003	Third Sarbanes-Oxley Act Hearing Held on Tuesday; NASACT Requests a Delay in OMB's DUNS Implementation; Internet Access Tax; IRS to Issue Publications; NASACT's DC Office Survives Hurricane Isabel Intact
September 12, 2003	Sarbanes-Oxley Act Hearing Held This Past Week; Rep. Tancredo Introduces State-level Identity Fraud Elimination Bill; Rep. Waxler Proposes New Way to Pay For President's Iraq Supplemental Appropriation Request
September 5, 2003	Congress Returns from Summer Recess - Focuses Immediate Efforts on Appropriations Work; Bill Tracker Updates with Latest Congressional Legislation; Washington Connection Adds Federal Contact Button; Oversight Hearing on Sarbanes-Oxley Scheduled
August 1, 2003	PCAOB Conducts Internet Control Roundtable; Social Security Number Privacy Legislation Re-introduced; States Cross SSTP Threshold - Creation of New Governing Body Next Step in Process
July 25, 2003	SSTP Discusses Sales Tax Holidays, Registration for Retailers; SEC Staff Looks to Ban New Ernst & Young Clients for Six More Months; IRS to Conduct Hearing on Exempt Bond Concern
July 18, 2003	IRS Looking to States for More Information on Tax Shelter Promoters; Internet Access Tax Moratorium Passes House Judiciary Committee; NFMA Going After Issuers Due to Perceived Lack of Disclosure; GAO's Walker Testifies on Fraud, Waste and Abuse
July 11, 2003	Congress Returns to Work, Focusing on Moving Appropriations Bills; PCAOB Sets Year-End Goal for Internal Audit Standards; SCHIP Issue Not Completed by June 30 Deadline; Fiscal Survey Shows Most States Proposing Revenue Increases
June 27, 2003	GASB Follows Through on Previous Derivatives Guidance Proposal, House Committee Agrees to Return Unspent SCHIP Funds, SSTP Project Raises Even More Concerns, IRS Calrifies Rule on Advances Refunding
June 20, 2003	OMB Issues Proposal to Relocate Policy Guidance for Grants and Other Agreements; Disclosure Conference Urges Issuers to Include Derivatives - Speed Up Release of Financial Reports; Mutual Fund Disclosure Issue Heats Up
June 13, 2003	State Rights Issues at Odds with Investor Restitution Legislation; Colorado Governor Attacks SSTP, Even as Nevada Governor Signs On; International Accounting Standards Promoted During G-8 Summit; Unspent SCHIP Funds to be Reverted Back to States
June 6, 2003	Congress Convenes, More Tax Cuts Likely During Remainder of 108th; Public Finance Network Meets, Considers Several New Legislative Proposals; IRS Launches Bond Audit Mediation Pilot Program
May 23, 2003	Tax Cut Ready for President; GASB to Issue Accounting Guidance on Tobacco Bonds; GFOA Approves New Updated Disclosure Facility Concept; Internet Tax Moratorium Set for Markup; Congress Headed Out of Washington for Memorial Day Break
May 16, 2003	Senate Passes Own Version of Tax Plan - Conference Begins Next Week; Preliminary Settlement Money Distribution Details Now on Internet; NASACT to Host Interim Disclosure Meeting in DC; Bill Tracker Updated with Latest Wave of Legislation
May 9, 2003	State Putting Settlement Money Into Treasuries; Subcommittee Discusses Future of Federal E-grants System; IRS Advisory Committee to Meet in Two Weeks; Tax Cut Package Still Making its Way Through Congress
April 11, 2003	Budget Battle Nears Completion; Sarbanes-Oxley Working "Quite Well" According to Donaldson; State Revenue's Rose in the Last Quarter of 2002; Congress Begins Spring Recess
April 4, 2003	Budget, Tax Debate Carries Over Into Weekend, Next; GASB Proposes Guidance for Derivative Disclosure; PCAOB May Name New Chairman Within Weeks; Washington 2003 Issues Survey Extended Until April 18th
March 24, 2003	House Passes Budget Resolution with Full Tax Cuts Intact; Thompson Tells States to Collect Their Preparedness Money; MTC Committee Addresses Cooperation in Audits; NASC Conference sets to Begin in Washington
March 14, 2003	War Worries, Budget Issues Dominate Congressional Agenda; More Legislation Introduced that Could Help the States; EU Makes it Official: Plans Their Own Audit Oversight Board
March 7, 2003	More Internet Tax Legislation on the Way; State IT Purchases Under 2002 E-Gov Act to be "Minimal" at Outset; EU Officials Considering Own Audit Oversight Board
February 28, 2003	GASB to Consider Derivatives Disclosure; Fiscal Help on the Way for States?; Fiscal Help on the Way for States Part II?; New Direction for EBT Council
February 7, 2003	NCSL Releases 2003 State Deficit Report - Larger Gap Estimated in '04; Legislation Introduced to Allow Additional Advance Refunding; Omnibus Spending Package Running Out of Time
January 31, 2003	Daschle Proposes Alternate Economic Stimulus Plan; Grassley Outlines Tax Priorities on Economic Stimulus; Transportation Group Wants New Laws on Accounting for Federal Highway Funds; Omnibus Appropriations Initially Cuts E-government Funds
January 24, 2003	Legislation Introduced to Assist States; FAF to Examine FASB, GASB Standards Convergence; SEC Adopts Auditor Independence Rules
January 17, 2003	The First of the Weekly Update is Here! New 108th Congress Underway; Upcoming SEC Meeting to Discuss Auditor Independence; Former SEC Chief Accountants Weigh in on New PCAOB
May 2, 2003	Congress Returns: Tax Cuts Dominate Agenda; Homeland Security Grants Under Formula Review; Washington Office Survey Results Are In!
February 14, 2003	Thomas, Grassley Warm to Dividend Proposal; Rangel Proposes Interest-free School Modernization Bonds; New Alliance of National, State and Local Groups to Fight Bush Tax Plan; Legislation Introduced to Allow Deduction of State Sales Tax
November 22, 2002	SEC Considering New Auditor Rules for Reviews; CBPP Says States Face Structural Budget Problems and Ongoing Losses; 107th Congress Comes to and End - 108th Planning Agenda for 2003
November 15, 2002	IRS Release Its Second Tax-Exempt Bond Education Text; PCAOB Holds First Informal Meeting Amidst Slew of Resignations; SSTS Meets in Chicago - Expect State Support of Agreement
October 18, 2002	Another CR Passes - Congress Leaves Town to Campaign; SEC Proposes Rules on Internal Controls - Experts on Audit Panels; COST Sees Some Good in SSTIS System - More Work Needed in Certain Areas; NECCC Conference Registration Underway
October 11, 2002	House Committee Approves New E-Gov Office at OMB; What Role Will the ASB Play in Relation to the New PCAOB; Sarbanes-Oxley Rule Changes to be Disclosed October 16; GAO Hosts Roundtable on COO Concept
October 4, 2002	NACHA's Project ACTION Moves to Proof-of-Concept Phase; SEC Still to Decide on New Oversight Board Members; SSTP Address Misconceptions - Attempted to Complete Work Before November 12 Meeting
September 13, 2002	Congress Looking at Lame-Duck Session; EU Seeks Exemption From Sarbanes-Oxley Act; SSTIS Issues Sales and Use Tax Draft; Comments on E-Signature Exemptions are Requested
September 6, 2002	House, Senate Return to Heavy Agenda; Management Network Convenes to Continue to Work on Colloboration Project; IRS's TE/GE Division Wants to Ax Interest Penalties for States; Business Activity Tax Nexus Proposal May be Unconstitutional
July 26, 2002	Compromise Reached on Landmark Accounting Legislation; State Medicaid Relief Measure Passes Senate; SSTIS Goverance Proposal Comes Under Fire
July 19, 2002	Landmark Accounting Legislation Passes Senate - Conferees Appointed Immediately; Customer Service Issue Addressed by SSTIS; NASACT Joins Members of the PFN and PPN in Addressing Tax Simplification and Pension Distribution Rules
July 12, 2002	Accounting Overhaul Still in Senate; NABL Seeks to Simplify Tax-Exempt Bond Rules; TE/GE Reports Now Available on IRS Web Site
June 21, 2002	Congress Slated to Consider Making EGTRRA Provisions Permanent; HHS: Final HIPPA Privacy Rule Coming in August; IRS State and Local Guide Updated and Now Available; SSTIS Approves Maximum of Two Sales Tax Rates
June 14, 2002	Even with Budget Deficits, Some States Pursue Medicaid Program Improvements; State Sales Tax Holidays Still on the Board Despite Budget Woes; SEC To Issue Proposal for New Accounting Oversight Body; GFOA Set to Discuss New Debt Policies
June 7, 2002	GASB 39 Implements New Guidance on Certain Fund-raising Entities
May 24, 2002	Management Network Meets to Discuss Collaboration
May 10, 2002	Final CMIA Amendments Released
May 3, 2002	New Driver's License Legislation Discussed
April 26, 2002	Senate Waiting for House Action on Supplemental
April 19, 2002	President Pushes Congress to Approve Budget, Supplemental Spending
April 12, 2002	States Take Action Against Loss of Federal Estate Tax Credit
March 22, 2002	Food Definitions Set by SSTP
March 15, 2002	More Enron Inspired Legislation Introduced
March 8, 2002	Reworked Stimulus Bill Likely to Pass Senate
March 1, 2002	Governors Unanimously Support Proposed Restoration of Highway Funds, Bill Introduced to Create Independent Audit Bureau, Downloadable Software Still Causing Problems for SSTP
February 15, 2002	EPA Launches New State and Tribal E-Government Initiative
February 8, 2002	Disclosure Issues Top Agenda for MSRB, SEC in 2002
February 1, 2002	First Steps Taken on New E-Commerce Sales Tax System
January 25, 2002	Congress Reconvenes; Economic Stimulus, Enron Dominate Agenda
September 27, 2002	First Continuing Resolution Passed; SEC to Choose Oversight Board by End of September; HIPPA Redefines Small Health Plan, Addressed Enforcement Assistance; State Barriers to E-Commerce Discussed
September 20, 2002	Performance Results Panel Meets Before House Subcommittees; Draft on the President's National Strategy to Secure Cyperspace Released; IASB, FASB Make a Move Towards Standards Convergence; IRS Decreases Mileage Rate for 2003
August 2, 2002	Accounting Reform Becomes Law; NCSL Passes Tax Reform Resolution; Business Community Wants Extension of E-commerce Tax Moratorium; House, Senate Go On Summer Recess
June 28, 2002	Tax Exempt and Government Entities Advisory Committee Holds First Public Meeting; Hinton Testifies on Success of Single Audit; Block Grants to States Proposed for Homeland Security; NASACT's Website takes Silver Medal at SNAP Awards
December 21, 2001	Economic Stimulus Bill Dies in Senate
December 14, 2001	Economic Stimulus Debate Continues; NASACT to Meet with Treasury Undersecretary; Appropriations Drawing to a Close; Accounting Industry Possibly Subject to Stricter Oversight
December 7, 2001	Economic Stimulus to Include Relief for Filing Forms 1099 Electronically; National Association of Bond Lawyers Porposes Shift in Liability to Issuers; House Financial Services Oversight and Investigations Subsommittee Forms Task Force on Identity Theft
November 30, 2001	NASACT offers President Bush Assistance in Protecting Critical Systems; Congress Returns from Thanksgiving with Hope to Adjourn by Mid-December; Internet Tax Moratorium Awaits President's Signature
November 9, 2001	Senate Finance Passes Economic Stimulus - Full Senate Consideration Next Week; Congress Probes use of SNN - Reviews Identity Theft; IRS To Publish Mileage Rates for 2002; OMB to Use Scorecard on Management Reform
November 2, 2001	Use of Social Security Numbers Still on Congressional Radar; President Bush Signs Anti-Terrorism/Money Laundering Bill; Tax Moratorium Expires - Many Still Seeking Extension; Federalism Executive Order Delayed
October 26, 2001	Congress Predicting Return after Thanksgiving Recess; President Hafer Continues Push for Economic War on Terrorism; Project Action Continues Work on Phase One; Securities and Exchange Commission to Hold Internet Issues Conference
October 12, 2001	President Bush Rounds Out Counter-Terrorism Team; Congress Grappling with Moratorium; NASACT To Continue Efforts on Project ACTION; Cash Management Conference 2002
October 5, 2001	Congress-White House Continue Work on Stimulus Package; NASACT Supports Financial Stability of America's Airports
September 28, 2001	GAO Reports on Critical Infrastructure Protection; IRS Announces Voluntary Closing Agreement Program for Tax Exempt Bonds; NASACT, Others Meet to Discuss Ways and Means to Improve the Capacity of State and Local Management Systems
September 21, 2001	President Bush Works with Congress on Economic Stimulus Package; Expiration of Internet Tax Moratorium Draws near - Extension Questionable; Meetings on Streamlining the Grants Process Continue; FirstGov Adds State Access
September 14, 2001	Hacking Lab Access Reinforces Continued Vulnerability of Federal Agency Computer Systems; Bankruptcy Reform Making Little Progress; New Chairman/Vice-President Announced at MSRB; AICPA Appoints New Director of Accounting Standards
September 7, 2001	Congress Returns to Washington - Current Focus on Appropriations; Pressure Builds to Extend Internet Tax Moratorium; The President's Commission on Social Security Continues to Study Privatization; White House Announces Plan for Management Reform
August 3, 2001	NCSL Announces Slowing Revenue Growth in the States; House Names Bankruptcy Conferees/Negotiations Expected after August Recess; House Panel Approves Extension on Internet Tax Moratorium
July 27, 2001	President's Social Security Commission Discusses Interim Report/Public Hearings; Privately-Funded Commission to Address Government Waste Proposed in Senate
July 20, 2001	Bankruptcy Moves Closer to Conference Negotiations; NGA Hosts Privacy Forum in DC
July 13, 2001	President Bush Announces Plan to Implement Government Reform; Senate Commerce Committee Continues Probe Into Personal Privacy; President's Commission to Strengthen Social Security Announces Second Meeting
June 15, 2001	Organizing Resolution Remains in Negotiations; Social Security Commission to Issue Interim Report
June 8, 2001	President Bush Signs Largest Tax Relief in Twenty Years
May 25, 2001	Switch by Jeffords Changes Face of the Senate
May 11, 2001	President Bush Supports Ban on Internet Access Taxes
May 4, 2001	Budget Resolution Cuts Taxes, Increases Spending
April 27, 2001	ASAP Customer Advisory Board Meeting Recap
March 23, 2001	Ergonomics Rule Repealed in Congress
March 9, 2001	Bush’s Income Tax Cut Passes House 230-198
March 2, 2001	Bush Delivers Budget to the Hill
February 16, 2001	Bankruptcy Bill will face Repeat Controversy in the 107 th
February 9, 2001
January 26, 2001	President Bush’s Tax Cut Could Affect State Revenues
January 5, 2001	The 107 th Congress Convenes
December 22, 2000	A Budget Agreement is Finally Reached in the 106 th Congress
December 15, 2000	Congress Wants to Go Home for Christmas
December 8, 2000	Their Back But Not Necessarily in Business
November 17, 2000	Congress To Resume Negotiations in Early December
November 3, 2000	JFMIP Looking for Distinguished Leadership in Financial Management Improvement
October 27, 2000	Tax Package Contains a Few Perks for State Governments
October 20, 2000	Halloween in Washington Looms for Congress