S 1656
114th Congress
Senate
Taxation
Alternative and renewable resources
Climate change and greenhouse gases
Corporate finance and management
Electric power generation and transmission
Energy efficiency and conservation
Energy storage, supplies, demand
Lighting and heating
Lighting, heating, cooling
Motor fuels
Solid waste and recycling
Tax administration and collection, taxpayers
Master Limited Partnerships Parity Act
Introduced: June 24, 2015
Introduced by:
Coons, Christopher A.
Democratic
· Delaware
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2015
Read twice and referred to the Committee on Finance.
Jun 24, 2015
Introduced in Senate
Plain-English summary
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 energy derived from thermal resources, waste, renewable fuels and chemicals, energy efficient buildings, gasification, and carbon capture in secure geological storage.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1