3.0.0
3690
2024-06-11T16:04:39Z
2024-06-11T16:04:39Z
House
H
HR
2023-05-25
118
[Congressional Record Volume 169, Number 89 (Thursday, May 25, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ESTES:H.R. 3690.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8 Clause 1The single subject of this legislation is:Expanding Master Limited Partnerships to energy powergeneration projetcs[Page H2640]
- hswm00
Ways and Means Committee
House
Standing
  - Referred to
2023-05-25T13:09:35Z

- Financing Our Energy Future Act
118
2641
S
2023-07-27
Read twice and referred to the Committee on Finance.
  - Related bill
CRS
- 2023-05-25
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2023-05-25
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-05-25
Introduced in House
IntroReferral
1000
9
Library of Congress
- E000298
Rep. Estes, Ron [R-KS-4]
Ron
Estes
R
KS
4
N
- T000460
Rep. Thompson, Mike [D-CA-4]
MIKE
THOMPSON
D
CA
4
2023-05-25
True
- F000468
Rep. Fletcher, Lizzie [D-TX-7]
Lizzie
Fletcher
D
TX
7
2023-10-11
False
- L000585
Rep. LaHood, Darin [R-IL-16]
Darin
LaHood
R
IL
16
2023-11-07
False
- V000134
Rep. Van Duyne, Beth [R-TX-24]
Beth
Van Duyne
R
TX
24
2023-11-07
False
- M001205
Rep. Miller, Carol D. [R-WV-1]
Carol
Miller
R
WV
D.
1
2023-11-07
False
- K000376
Rep. Kelly, Mike [R-PA-16]
Mike
Kelly
R
PA
16
2023-12-14
False
- C001126
Rep. Carey, Mike [R-OH-15]
Mike
Carey
R
OH
15
2024-02-13
False
- D000617
Rep. DelBene, Suzan K. [D-WA-1]
Suzan
DelBene
D
WA
K.
1
2024-02-13
False
- P000096
Rep. Pascrell, Bill [D-NJ-9]
Bill
Pascrell
D
NJ
9
2024-05-08
False
Taxation
Taxation
2023-06-21T14:45:59Z
00
2023-05-25
Introduced in House
2024-02-22T17:45:16Z
Financing Our Energy Future Act
This bill expands the types of partnerships that qualify for treatment as publicly traded partnerships instead of as corporations for tax purposes.
Under current law, partnerships that meet certain gross income requirements (i.e., at least 90% of the partnership's gross income in a taxable year consists of qualifying income) are excepted from being treated as a corporation for tax purposes. This bill expands the sources of income that are considered qualifying income and make a partnership eligible for such an exception.
Specifically, the bill provides that income derived from the generation of specified alternative energy, alternative fuel projects, or the associated property, storage, or transportation for such projects (e.g., the conversion of renewable biomass into renewable fuel or the storage or transportation of such fuel) is considered qualifying income.

Financing Our Energy Future Act
- Display Title
45

Financing Our Energy Future Act
2024-06-11T16:04:39Z
- Short Title(s) as Introduced
101

Financing Our Energy Future Act
2024-05-24T13:39:25Z
Introduced in House
IH
- Official Title as Introduced
6

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.
2024-03-18T20:53:49Z
Introduced in House
IH
- Introduced in House
2023-05-25T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr3690ih/xml/BILLS-118hr3690ih.xml
2023-05-25
Referred to the House Committee on Ways and Means.
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
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