3.0.0 1656 2023-01-11T13:30:39Z 2023-01-11T13:30:39Z Senate S 2015-06-24 114 ssfi00 Finance Committee Senate Standing Referred to 2015-06-24T15:48:40Z Master Limited Partnerships Parity Act 114 2883 HR 2015-06-24 Referred to the House Committee on Ways and Means. Identical bill CRS 2015-06-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-06-24 Introduced in Senate IntroReferral 10000 9 Library of Congress C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. N M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS 2015-06-24 True M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2015-06-24 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2015-06-24 True C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2015-06-24 True B001267 Sen. Bennet, Michael F. [D-CO] Michael Bennet D CO 2015-06-24 True G000562 Sen. Gardner, Cory [R-CO] Cory Gardner R CO 2015-06-24 True K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2015-06-24 True H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM T. 2015-12-18 False 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 Taxation 00 2015-06-24 Introduced in Senate 2015-08-12T15:40:49Z 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.

]]> Master Limited Partnerships Parity Act Display Title Master Limited Partnerships Parity Act Official Title as Introduced 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 in Senate IS Short Titles as Introduced Master Limited Partnerships Parity Act Introduced in Senate 2015-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1656is/xml/BILLS-114s1656is.xml 2015-06-24 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.