Skip to main content
S 2005 115th Congress Senate Taxation Air quality 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: October 25, 2017 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
Oct 25, 2017
Read twice and referred to the Committee on Finance.
Oct 25, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Master Limited Partnerships Parity Act

This bill 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 (known as master limited partnerships) to include income and gains from renewable and alternative energy generation projects (in addition to fossil fuel-based energy generation projects) and related infrastructure for transportation or storage, 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 October 25, 2017

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1