US SB2005 | 2017-2018 | 115th Congress
Status
Spectrum:
Status: Introduced on October 25 2017 - 25% progression, died in committee
Action: 2017-10-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 25 2017 - 25% progression, died in committee
Action: 2017-10-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Master Limited Partnerships Parity Act
Sponsors
Sen. Christopher Coons [D-DE] | Sen. Jerry Moran [R-KS] | Sen. Debbie Stabenow [D-MI] | Sen. Cory Gardner [R-CO] |
Sen. Michael Bennet [D-CO] | Sen. Lisa Murkowski [R-AK] | Sen. Angus King [I-ME] | Sen. Susan Collins [R-ME] |
Sen. Martin Heinrich [D-NM] | Sen. Joni Ernst [R-IA] | Sen. Thomas Carper [D-DE] | Sen. Mike Crapo [R-ID] |
Sen. Heidi Heitkamp [D-ND] |
History
Date | Chamber | Action |
---|---|---|
2017-10-25 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4118 (Same As) 2017-10-25 - Referred to the House Committee on Ways and Means.
Subjects
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
Motor fuels
Solid waste and recycling
Tax administration and collection, taxpayers
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
Motor fuels
Solid waste and recycling
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/2005/all-info |
Text | https://www.congress.gov/115/bills/s2005/BILLS-115s2005is.pdf |