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Public Policy

NVCA is the only public policy advocate for the venture capital and private equity industries. Our policy professionals work with all branches of government and the media in order to foster a better understanding of how job creation and venture capital impacts the U.S. economy. NVCA's government affairs office focuses on public policy issues that affect the flow of private equity to developing and growing companies. Click here for information about NVCA's VenturePAC. View the Medical Industry Group section for more about NVCA's activities in the Life Sciences sector.

Public Policy Highlights Archive

2008
May 2 NVCA Responds to Congress on Follow-on Biologics  
Apr 24 VC Industry Commends U.S. House of Representatives for Reauthorizing SBIR Program   
Apr 16 NVCA Member, David Prend, Testifies on Cleantech Policy   
Apr 15 NVCA Letter to Senate Regarding Patent Reform   
Mar 13 NVCA Testifies in Congress on SBIR Reauthorization 
Jan 9 Presentation: President’s Council of Advisors on Science and Technology, Personalized Medicine Subcommittee   
2007
Dec 13 NVCA Expresses Concern Over Senate Cloture Defeat on Energy Bill   
Dec 12 NVCA Commends SEC Delay of SOX 404 Implementation for Small Companies   
Nov 29 NVCA Letter to Ways and Means Committee on Technical Corrections Act of 2007 
Nov 13 NVCA Comment Letter on SEC's IFRS Concept Release 
Nov 6 NVCA Letter to Senators Leahy and Specter on Patent Reform 
Oct 25 NVCA Encourages Congress to Support Innovators in Patent Reform 
Oct 15 Patent Reform Position Paper - Updated Oct. 2007   
Oct 12 NVCA Files Comment Letter on SEC Reg D Proposal   
Sept 28 NVCA Applauds House Passage of Small Business Investment Expansion Act   
Sept 18 NVCA Board Meets in Washington to Discuss Carried Interest Tax Bill   
Sept 6 NVCA Member Testifies Before House Ways & Means Committee (Testimony or Release)  
Sept 6 Congressional Testimony to Support Small Business Investment Expansion Act (Testimony or Release)  
July 26 VCs Brief Congress on Improved Pathways to Medical Reimbursement and Life Sciences Related Public Policy 
July 11 NVCA Testifies on Taxation of Carried Interest (Testimony or Release) 
June 26 Congress Takes Formal Steps To Tax Carried Interest as Ordinary Income 
June 22 NVCA statement Regarding Carried Interest Tax Legislation 
June 14 NVCA's Statement on Baucus Grassley Legislation 
June 5 NVCA President Testifies on Sarbanes Oxley Reform Measures (Testimony or Release) 
Mar 29 Congressional Testimony - Patent Reform on Small Business 
Mar 7 John Denniston, KPCB, Testifies Before Congress on Energy Policy 
Mar 7 NVCA files comments regarding proposed changes in antifraud and accredited investor rules 
Feb 23 NVCA Comments on Proposed Revisions to SOX Section 404 
2006
Dec 11 NVCA Applauds BayBio:IMPACT 2007 
Nov 30 NVCA Asserts Recommendations of Committee on Capital Markets Regulation Fall Far Short of Meaningful Progress 
Oct 16 Legislation Introduced May Narrow Scope of Section 470 
Sept 11 NVCA Comments on Section 404 Implementation 
May 12 NVCA comments: Proposed Changes to Hospital Inpatient Prospective Payment Systems 
May 3 Keith Crandell Testifies on Sarbanes Oxley 404 Relief (testimony) 
Apr 3 NVCA submits comments regarding SOX reforms 
Apr 3 High Tech Associations & NVCA submit Comments on Section 404 
2005
Nov 9 NVCA Supports Clarification to SBIR Eligibility Requirements 
Sept 15 NVCA Launches SBIR Grassroots Campaign
Aug 3 NVCA Releases SBIR Position Paper
July 28 NVCA President Testifies on Innovation & Technology
July 27 NVCA's Testimony Regarding SBIR Issue
July 1 IRS Withdraws Proposed Rules on withholding taxes on ISO/ESPPs
June 27 Supreme Court Decision on MGM vs. Grokster
June 6 NVCA Comments on Evidence-Based Approach to Medicine
May 24 Stem Cell Bill Passed U.S. House of Representatives
Apr 28 NVCA Responds to SBA's SBIR Ruling
Mar 31 Bob Grady Testifies On Tax Reform
Mar 29 NVCA Expresses Concern About SEC Bulletin on Stock Option Expensing
Feb 22 NVCA supports stem cell legislation
Feb 19 NVCA comments on FASB’s proposal on partnership consolidation
Feb 16 NVCA comments on SEC proposed changes regarding IPO after-market trading
Jan 19 NVCA submits comments on IPO rules
2004
Dec 16 FASB Final Stock Option Ruling Lacks Real World Application
Dec 14 NVCA Comments on Mandatory 754 Election Guidance
Dec 8 SBA Rule Change for SBIR Grants
Nov 14 NVCA Submits QSBS Comment Letter
Nov 3 NVCA and 2004 Election
Oct 26 Venture Investment Q3 ‘04
Oct 19 NVCA reacts to FASB’s Stock Options Delay
Sept 20 NVCA Comments on proposed SEC Hedge Fund Registration Rules
July 20, 04 NVCA Commends House on Passing Stock Options Bill
Sept 14 NVCA submits comments to TX Securities Board
May 3, 04 CALL TO ACTION – FASB Acts to Require Stock Option Expensing
Mar 31, 04 FASB Action Slams Growth-Oriented Small Businesses
Mar 11, 04 Robert Grady of the Carlyle Group Testifies Before House Committee on Education and Work Force on Key Drivers of U.S. Job Creation
Mar 5, 04 NVCA President testifies on Capitol Hill on Stock Options
2-4-04 Corporate Venture Group Forms To Meet Special Needs Of Corporations
1-21-04 Tax Shelter Regulations Update
1-20-04 NVCA Comments to NASD regarding Distribution of IPO Shares
NVCA Comments to PCAOB regarding Proposed Auditing Standard
Member Alert: 754 Tax Issue
03-11-04 Robert Grady of the Carlyle Group Testifies Before House Committee on Education and Work Force on Key Drivers of U.S. Job Creation
03-5-04 NVCA President testifies on Capitol Hill on Stock Options
01-21-04 Tax Shelter Regulations Update
01-20-04 NVCA Comments to NASD regarding Distribution of IPO Shares
NVCA Comments to PCAOB regarding Proposed Auditing Standard
Member Alert: 754 Tax Issue
2003
11-19-03 Entrepreneurs and Venture Capitalists Applaud Congressional Involvement in Employee Stock Option Debate
11-12-03 NVCA President Testifies in Senate Regarding FASB's Impact on Small Business
link to press release and oral testimony
09-17-03 President Bush Meets With Venture Capitalists To Discuss Innovation & Entrepreneurship
09-10-03 Venture Capitalist and Entrepreneurs Commit To Improving Homeland Security Amid Government Challenges
08-22-03 Update of FASB FIN 46
08-20-03 CA Finance Lenders Law Update
08-13-03 NVCA presents stock option case before FASB
07-16-03 Elizabeth Weatherman Statement Before the US Senate
07-7-03 Small Business Size Regulations; Small Business Innovation Research Program
07-7-03 NVCA's recent comments regarding the Patriot Act
06-26-03 Treasury Considering New Rules on VC AML Programs
04-28-03 Potential Significant Impact of New Rules on “Variable Interest Entities”
04-11-03 Sarbanes-Oxley Act
04-11-03 Broad-Based Stock Option Plan Transparency Act of 2003
03-18-03 IMPORTANT NOTICE TO CALIFORNIA VC FIRMS
California Financial Lenders Law
03-13-03 Valuation Of Stock Options Moves To The Forefront Of The Debate
01-15-03 SEC comment letter on Certain Research and Development Companies
01-13-03 NVCA Applauds Introduction of Bill to Lower Capital Gains
2002
12-31-02 Update: USA Patriot Act Regulations
11-22-02 Latest FOIA Developments – San Jose Mercury News vs. CALPERS
11-22-02 Sarbanes-Oxley & The IPO Process
11-22-02 Sarbanes-Oxley Act of 2002 Analysis
11-05-02 NVCA files amicus brief regarding San Jose Mercury News/CALPERS Lawsuit
11-04-02 National Venture Capital Association Urges FASB to Address Stock Option Valuation Before Adopting Transition Rules
10-18-02 Medical Device User Fee Bill Passes Congress; Awaits Bush Approval
9-18-02 Venture Funds Exempt from Anti-Money Laundering Requirements
8-27-02 President Is Granted Trade Promotion Authority
5-25-02 IRS Delays Indefinitely Taxes on ISOs and ESPPs: Big Win for NVCA
5-2-02 NVCA Testifies Before Sen. Small Business & Entrepreneurship Committee
4-30-02 NVCA testimony at U.S. Senate Judiciary Committee on Hospital Group Purchasing Organizations
4-24-02 Compliance Date Deffered For US Patriot Act
4-24-02 NVCA President Testifies On Stock Options
4-9-02 Anti-Money Laundering Guidance Provided to NVCA Members
3-13-02 National Venture Capital Association Asserts the Mandatory Expensing of Employee Stock Options Will Harm Start Up Companies Irreparably
3-08-02 NVCA Seeks to Halt IRS effort to Apply Payroll Taxes to ISOs and ESPPs
3-08-02 NVCA Applauds House and Senate Passage of a Scaled-Down Stimulus Package
2-14-02 NVCA Addressing "Enron Fallout"
2-12-02 NVCA Member Alert: Federal Money Laundering Laws
1-02-02 Congress Reduces SEC Fees to Save Investors $14 Billion