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Advocacy Home

ELFA is proactive in representing member interests. ELFA is the industry's principal advocate before federal and state policymakers, regulators and standard setting bodies, as follows:

• Federal advocacy efforts are designed to achieve and maintain a positive legislative and regulatory regime that provides certainty and transparency for equipment finance transactions. This is accomplished by preserving the tax, financial and business principles which affect the equipment finance sector.
• ELFA works with and monitors the activities of agencies including the Department of the Treasury, Federal Deposit Insurance Corporation, Comptroller of the Currency, Securities and Exchange Commission and other financial regulators on matters affecting lease and finance transactions, with the Department of Commerce on its international programs, and with the Department Transportation, which regulates the rail, aircraft and maritime sectors.
• ELFA has a pro-active State Government Relations program that monitors, analyzes and directly engages legislation affecting the leasing and finance industry together with corresponding regulations. Serving as an advocate before multi-state organizations representing state legislators and government agencies is a fundamental component of our efforts.
• ELFA promotes collaboration with stakeholders at the state and federal levels by reaching out to allied businesses and trade groups.
• ELFA monitors the activities of regulators and standard setters and maintains proactive and effective communications with the Financial Accounting Standards Board, the International Accounting Standards Board and other organizations.
• ELFA membership supports the advocacy efforts through participation in the grassroots network program and the ELFA Political Action Committee, LeasePAC.