Skip to main content
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
Sign in to write a letter Sign in to watch
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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 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 June 24, 2015

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 2883 Identical bill Master Limited Partnerships Parity Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 2 Republican 3 Independent 1
D
Heinrich, Martin
New Mexico · Dec 18, 2015
 D
Bennet, Michael F.
Colorado · Jun 24, 2015
 R
Collins, Susan M.
Maine · Jun 24, 2015
 I
King, Angus S., Jr.
Maine · Jun 24, 2015
 R
Moran, Jerry
Kansas · Jun 24, 2015
 R
Murkowski, Lisa
Alaska · Jun 24, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1656: Master Limited Partnerships Parity Act. 114th Congress. Open America. https://openamerica.io/bill/114-S-1656/
MLA
"S. 1656: Master Limited Partnerships Parity Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-1656/.
Bluebook (legal)
S. 1656, 114th Cong. (2026), https://openamerica.io/bill/114-S-1656/.
Markdown link
[S. 1656: Master Limited Partnerships Parity Act](https://openamerica.io/bill/114-S-1656/)
Report a problem