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LOBBYING REPORT |
Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page
2. Address
Address1 | 901 Community Drive |
Address2 | |
City | Springfield |
State | IL |
Zip Code | 62703 |
Country | USA |
3. Principal place of business (if different than line 2)
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Zip Code | |
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5. Senate ID# 400531588-12
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6. House ID# 411650000
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TYPE OF REPORT | 8. Year | 2013 |
Q1 (1/1 - 3/31) | Q2 (4/1 - 6/30) | Q3 (7/1 - 9/30) | Q4 (10/1 - 12/31) |
9. Check if this filing amends a previously filed version of this report
10. Check if this is a Termination Report | Termination Date | |
11. No Lobbying Issue Activity |
INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13 | |||||||||
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12. Lobbying | 13. Organizations | ||||||||
INCOME relating to lobbying activities for this reporting period was: | EXPENSE relating to lobbying activities for this reporting period were: | ||||||||
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Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income for the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client). | 14. REPORTING Check box to indicate expense accounting method. See instructions for description of options. | ||||||||
Method A.
Reporting amounts using LDA definitions only
Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code Method C. Reporting amounts under section 162(e) of the Internal Revenue Code |
Signature | Digitally Signed By: David G. Schroeder Vice President Federal Governmental Relations |
Date | 10/14/2013 |
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code BAN
16. Specific lobbying issues
Reform of the financial system, downsizing too-big-to-fail banks and financial firms, reduce the probability and severity of future financial crisis, too-big-to-manage, too-big-to-regulate, too-big-to-fail, too-big-to-prosecute, and too-big-to-jail (House and Senate)
Community bank regulatory relief contained in the Independent Community Bankers of America (ICBA's) Plan for Prosperity (House and Senate)
Tiered regulation and supervision for community banks, recognition of the different business model and risks posed by community banks versus too-big-to-fail banks and financial firms, one size fits all legislation and regulation (House and Senate, CFPB, OCC)
Application of Basel III to community banks, exemption from the capital and risk-weight requirements of Basel III (House and Senate)
Credit unions tax exemption and expansion of powers, level the playing field between community banks and credit unions (House and Senate)
Expansion of the Farm Credit System, Rural Community Investments proposal, wholesale funding for community banks, correspondent services, direct retail competition with community banks (House and Senate, CFPB, OCC)
Mortgage lending reforms imprudent lending practices, impacting responsible lenders and loan products, meeting the diverse needs of community bank customers and their communities, exemption of community bank mortgage loans held in portfolio, restrictions on balloon mortgages and escrow requirements, broad definition of Qualified Mortgage (QM), limited credit availability (House and Senate)
Housing Finance GSE secondary market reform community bank access to an impartial secondary market for residential loans, financial stable and reliable, private capitalization, cooperative entities with limited mission (House and Senate)
Aggressive bank regulatory examinations regulator, senior management, and examiner attitudes and practices, treatment of Commercial Real Estate, excessive write-downs, arbitrary capital requirements, public enforcement actions, reform the appellate process, and community bank closures (House and Senate)
Tax, accounting and auditing changes pass-through option, including subchapter S corporations, taxation of capital gains and dividends, interest on municipal bonds, S corporation ability to issue preferred stock, shareholder limits, and allowing new IRA shareholders, amortizing CRE losses over 10 years, elimination of the 1.25% Allowance for Loan and Lease losses disallowance for regulatory capital purposes (House and Senate)
Continuing implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act - Rein in Significantly Important Financial institution (SIFI) with focused regulation including resolution plans, higher capital requirements, capital surcharges, liquidity requirements, the Volker Rule, level playing field between community banks and SIFIs, shielding community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35%, focus CFPB on large banks and shadow financial companies, governance (single Director versus five member commission), FSOC veto of CFPB rules, CFPB exemption authority regarding community banks (House and Senate)
Maintain the Federal Home Loan Bank System and preserve their special functions and purposes (House and Senate)
Permanent closing of the ILC loophole (House and Senate)
Fairly compensate Fannie and Freddie preferred shareholders by restoring the share value and dividends (House and Senate)
Excessive Federal Reserve intervention in monetary policy (House and Senate)
S. 798 Terminating Bailouts for Taxpayers Fairness Act of 2013 (capital requirements, Basel III, and community bank regulatory relief) (all sections) (House and Senate, CFPB, OCC)
S. 635 Privacy Notice Modernization Act (exemption regarding privacy notices) (all Sections) (House and Senate, CFPB, OCC)
S. 710 Municipal Advisor Relief Act of 2013 (exemption for the identity of municipal advisor) (all sections) (Senate)
S. 872 Holding Company Registration Equalization Act (thrift holding company deregistration threshold) (all sections) (Senate)
S. 727 Financial Institution Fairness Reform Act (create ombudsman within FFIEC to appeal examination findings, right to appeal before independent administrative law judge) (Senate)
Principals of housing finance reform including: equal and direct access on a loan by loan basis, financial strength and reliability and liquidity, no appropriation of customer information, originators option to retain servicing, limited purpose and activity, private capital to protect taxpayers, restoration of Fannie and Freddie preferred share value (House and FHFA)
H.R. 1750 CLEAR Relief Act of 2013 (community lending enhancement and regulatory relief) (all sections) (House and Senate, CFPB, OCC)
H.R. 688 Credit Union Small Business Job Creation Act (credit union member business lending cap) (all sections) (House and Senate, CFPB, OCC)
S. 968 Small Business Lending Enhancement Act of 2013 (credit union member business lending cap) (all sections) (House and Senate, CFPB, OCC)
H.R. 719 Capital Access for Small Business and Jobs Act (credit union capital) (all sections) (House and Senate, CFPB, OCC)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of, Federal Housing Finance Board (FHFB)
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code FIN
16. Specific lobbying issues
Reform of the financial system, downsizing too-big-to-fail banks and financial firms, reduce the probability and severity of future financial crisis, too-big-to-manage, too-big-to-regulate, too-big-to-fail, too-big-to-prosecute, and too-big-to-jail (House and Senate)
Community bank regulatory relief contained in the Independent Community Bankers of America (ICBA's) Plan for Prosperity (House and Senate)
Tiered regulation and supervision for community banks, recognition of the different business model and risks posed by community banks versus too-big-to-fail banks and financial firms, one size fits all legislation and regulation (House and Senate, CFPB, OCC)
Application of Basel III to community banks, exemption from the capital and risk-weight requirements of Basel III (House and Senate)
Credit unions tax exemption and expansion of powers, level the playing field between community banks and credit unions (House and Senate)
Expansion of the Farm Credit System, Rural Community Investments proposal, wholesale funding for community banks, correspondent services, direct retail competition with community banks (House and Senate, CFPB, OCC)
Mortgage lending reforms imprudent lending practices, impacting responsible lenders and loan products, meeting the diverse needs of community bank customers and their communities, exemption of community bank mortgage loans held in portfolio, restrictions on balloon mortgages and escrow requirements, broad definition of Qualified Mortgage (QM), limited credit availability (House and Senate)
Housing Finance GSE secondary market reform community bank access to an impartial secondary market for residential loans, financial stable and reliable, private capitalization, cooperative entities with limited mission (House and Senate)
Aggressive bank regulatory examinations regulator, senior management, and examiner attitudes and practices, treatment of Commercial Real Estate, excessive write-downs, arbitrary capital requirements, public enforcement actions, reform the appellate process, and community bank closures (House and Senate)
Tax, accounting and auditing changes pass-through option, including subchapter S corporations, taxation of capital gains and dividends, interest on municipal bonds, S corporation ability to issue preferred stock, shareholder limits, and allowing new IRA shareholders, amortizing CRE losses over 10 years, elimination of the 1.25% Allowance for Loan and Lease losses disallowance for regulatory capital purposes (House and Senate)
Continuing implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act - Rein in Significantly Important Financial institution (SIFI) with focused regulation including resolution plans, higher capital requirements, capital surcharges, liquidity requirements, the Volker Rule, level playing field between community banks and SIFIs, shielding community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35%, focus CFPB on large banks and shadow financial companies, governance (single Director versus five member commission), FSOC veto of CFPB rules, CFPB exemption authority regarding community banks (House and Senate)
Maintain the Federal Home Loan Bank System and preserve their special functions and purposes (House and Senate)
Permanent closing of the ILC loophole (House and Senate)
Fairly compensate Fannie and Freddie preferred shareholders by restoring the share value and dividends (House and Senate)
Excessive Federal Reserve intervention in monetary policy (House and Senate)
S. 798 Terminating Bailouts for Taxpayers Fairness Act of 2013 (capital requirements, Basel III, and community bank regulatory relief) (all sections) (House and Senate, CFPB, OCC)
S. 635 Privacy Notice Modernization Act (exemption regarding privacy notices) (all Sections) (House and Senate, CFPB, OCC)
S. 710 Municipal Advisor Relief Act of 2013 (exemption for the identity of municipal advisor) (all sections) (Senate)
S. 872 Holding Company Registration Equalization Act (thrift holding company deregistration threshold) (all sections) (Senate)
S. 727 Financial Institution Fairness Reform Act (create ombudsman within FFIEC to appeal examination findings, right to appeal before independent administrative law judge) (Senate)
Principals of housing finance reform including: equal and direct access on a loan by loan basis, financial strength and reliability and liquidity, no appropriation of customer information, originators option to retain servicing, limited purpose and activity, private capital to protect taxpayers, restoration of Fannie and Freddie preferred share value (House and FHFA)
H.R. 1750 CLEAR Relief Act of 2013 (community lending enhancement and regulatory relief) (all sections) (House and Senate, CFPB, OCC)
H.R. 688 Credit Union Small Business Job Creation Act (credit union member business lending cap) (all sections) (House and Senate, CFPB, OCC)
S. 968 Small Business Lending Enhancement Act of 2013 (credit union member business lending cap) (all sections) (House and Senate, CFPB, OCC)
H.R. 719 Capital Access for Small Business and Jobs Act (credit union capital) (all sections) (House and Senate, CFPB, OCC)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of, Federal Housing Finance Board (FHFB)
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code AGR
16. Specific lobbying issues
Expansion of the Farm Credit System, Rural Community Investments proposal, wholesale funding for community banks, correspondent services, direct retail competition with community banks (House and Senate, CFPB, OCC)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code CSP
16. Specific lobbying issues
Mortgage lending reforms imprudent lending practices, impacting responsible lenders and loan products, meeting the diverse needs of community bank customers and their communities, exemption of community bank mortgage loans held in portfolio, restrictions on balloon mortgages and escrow requirements, broad definition of Qualified Mortgage (QM), limited credit availability (House and Senate)
Housing Finance GSE secondary market reform community bank access to an impartial secondary market for residential loans, financial stable and reliable, private capitalization, cooperative entities with limited mission (House and Senate)
Principals of housing finance reform including: equal and direct access on a loan by loan basis, financial strength and reliability and liquidity, no appropriation of customer information, originators option to retain servicing, limited purpose and activity, private capital to protect taxpayers, restoration of Fannie and Freddie preferred share value (House and FHFA)
S. 635 Privacy Notice Modernization Act (exemption regarding privacy notices) (all Sections) (House and Senate, CFPB, OCC)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of, Federal Housing Finance Board (FHFB)
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code TAX
16. Specific lobbying issues
Credit unions tax exemption and expansion of powers, level the playing field between community banks and credit unions (House and Senate)
Tax, accounting and auditing changes pass-through option, including subchapter S corporations, taxation of capital gains and dividends, interest on municipal bonds, S corporation ability to issue preferred stock, shareholder limits, and allowing new IRA
shareholders, amortizing CRE losses over 10 years, elimination of the 1.25% Allowance for Loan and Lease losses disallowance for regulatory capital purposes (House and Senate)
H.R. 688 Credit Union Small Business Job Creation Act (credit union member business lending cap) (all sections) (House and Senate, CFPB, OCC)
S. 968 Small Business Lending Enhancement Act of 2013 (credit union member business lending cap) (all sections) (House and Senate, CFPB, OCC)
H.R. 719 Capital Access for Small Business and Jobs Act (credit union capital) (all sections) (House and Senate, CFPB, OCC)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
Information Update Page - Complete ONLY where registration information has changed.
20. Client new address
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21. Client new principal place of business (if different than line 20)
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22. New General description of client’s business or activities
LOBBYIST UPDATE
23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client
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ISSUE UPDATE
24. General lobbying issue that no longer pertains
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AFFILIATED ORGANIZATIONS
25. Add the following affiliated organization(s)
Internet Address:
Name | Address |
Principal Place of Business (city and state or country) |
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26. Name of each previously reported organization that is no longer affiliated with the registrant or client
1 | 3 | 5 |
2 | 4 | 6 |
FOREIGN ENTITIES
27. Add the following foreign entities:
Name | Address |
Principal place of business (city and state or country) |
Amount of contribution for lobbying activities | Ownership percentage in client | ||||||||||
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28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization
1 | 5 | 9 |
2 | 6 | 10 |
3 | 7 | 11 |
4 | 8 | 12 |