Description
Using our intelligently designed and intuitive dataset, you can quickly understand how Paychex, Inc. (PAYX) is lobbying the U.S. government, how much they’re spending on it, and most importantly – the bills and specific issues on which they lobby.
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Our lobbying data is collected and aggregated from the U.S. Senate Office of Public Records from 1999-present and is updated on a regular basis. We utilize advanced data science techniques to ensure accurate data points are collected and ingested, match similar entities across time, and tickerize publicly traded companies that lobby.
Our comprehensive and advanced lobbying database is completed with all the information you need, with more than 1.6 million lobbying contracts ready-for-analysis. We include detailed information on all aspects of federal lobbying, including the following fascinating attributes, among much more:
1. Clients: The publicly traded company, privately owned company, interest group, NGO, or state or local government that employs or retains a lobbyist or lobbying firm.
2. Registrants (Lobbying Firms): Either the name of the lobbying firm hired by the client, or the name of the client if the client employs in-house lobbyists.
3. Lobbyists: The names and past government work experience of the individual lobbyists working on a lobbying contract. 3. General Issues: The general issues for which clients lobby on (ex: ENV – Environment, TOB – Tobacco, FAM – Family Issues/Abortion).
4. Specific Issues: A long text description of the exact bills and specific issues for which clients lobby on.
5. Bills Lobbied On: The exact congressional bills and public/private laws lobbied on, parsed from lobbying report specific issues (ex: H.R. 2347, S. 1117, Tax Cuts and Jobs Act).
6. Agencies Lobbied: The names of one or more of 250+ government agencies lobbied on in the contract (ex: White House, FDA, DOD).
7. Foreign Entities: The names and origin countries of entities affiliated with the client (ex: BNP Paribas: France).
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Frequently Asked Questions
What is Paychex, Inc. (PAYX) lobbying for?
Summary of lobbying data for Paychex, Inc.:
– Lobbying firms hired: Van Scoyoc Associates, Inc., Paychex
– General issues they lobbied on: Retirement, Budget/Appropriations, Taxation/Internal Revenue Code, Health Issues
– Specific issues they lobbied on: various retirement-related issues, monitoring of relevant bills, backlog of tax returns and payments due to COVID-19, IRS electronic filing and services, telehealth-related issues, Health Savings Account and Flexible Spending Account-related bills, promoting legislation encouraging 401(k) uptake for small businesses, and implementation of relevant laws.
– Government agencies they lobbied: Senate, Internal Revenue Service (IRS), House of Representatives, Department of Treasury.
One could infer that Paychex, Inc. is lobbying on retirement-related issues because they are a provider of retirement services and solutions. They also appear to be lobbying on taxation and budget/appropriation issues related to their industry, as well as health-related issues that could affect their clients or employees. The COVID-19 pandemic’s impact on tax returns and payments may also be a factor in their lobbying efforts. Additionally, their promotion of legislation encouraging small businesses to offer 401(k) plans may align with their business goals to expand their market and reach more potential clients.
