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S 3275 112th Congress Senate

Master Limited Partnerships Parity Act

Official title: A bill to amend the Internal Revenue Code of 1986 to extend the publicly traded partnership ownership structure to energy power generation projects and transportation fuels, and for other purposes.

Introduced: June 7, 2012 Introduced by: Coons, Christopher A. Democratic · Delaware See on congress.gov
Taxation Alternative and renewable resourcesCorporate finance and managementElectric power generation and transmissionEnergy storage, supplies, demandTax administration and collection, taxpayers
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 7, 2012
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3842)
Jun 7, 2012
Sponsor introductory remarks on measure. (CR S3841-3842)
Jun 7, 2012
Introduced in Senate
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 Latest action June 7, 2012

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3842)

 Plain-English summary Congressional Research Service

Master Limited Partnerships Parity Act - Amends the Internal Revenue Code, with respect to the tax treatment of publicly traded partnerships as corporations, to expand the definition of "qualifying income" for such partnerships to include income and gains from renewable and alternative fuels (in addition to fossil fuels), including renewable energy facilities used in the production of electricity, biodiesel, alcohol used as fuels, and renewable fuels used to reduce or replace fossil fuels present in transportation fuels.

 Related & companion bills 1
  • HR 6437 Identical bill Master Limited Partnerships Parity Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 5 Republican 2
D
Warner, Mark R.
Virginia · Dec 12, 2012
 D
Bennet, Michael F.
Colorado · Nov 13, 2012
 R
Murkowski, Lisa
Alaska · Nov 13, 2012
 D
Klobuchar, Amy
Minnesota · Jun 7, 2012
 R
Moran, Jerry
Kansas · Jun 7, 2012
 D
Shaheen, Jeanne
New Hampshire · Jun 7, 2012
 D
Whitehouse, Sheldon
Rhode Island · Jun 7, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3275: Master Limited Partnerships Parity Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-3275/
MLA
"S. 3275: Master Limited Partnerships Parity Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-3275/.
Bluebook (legal)
S. 3275, 112th Cong. (2026), https://openamerica.io/bill/112-S-3275/.
Markdown link
[S. 3275: Master Limited Partnerships Parity Act](https://openamerica.io/bill/112-S-3275/)
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