S 1841
116th 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, heating, cooling
Motor fuels
Solid waste and recycling
Tax administration and collection, taxpayers
Financing Our Energy Future Act
Introduced: June 13, 2019
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 13, 2019
Read twice and referred to the Committee on Finance.
Jun 13, 2019
Introduced in Senate
Plain-English summary
Financing Our Energy Future 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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1