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US S1656

US S1656
Master Limited Partnerships Parity Act


summary

Introduced
06/24/2015
In Committee
06/24/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

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.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Read twice and referred to the Committee on Finance. (on 06/24/2015)

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