US SB1656 | 2015-2016 | 114th Congress
Status
Spectrum:
Status: Introduced on June 24 2015 - 25% progression, died in committee
Action: 2015-06-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 24 2015 - 25% progression, died in committee
Action: 2015-06-24 - 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 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.
Title
Master Limited Partnerships Parity Act
Sponsors
Sen. Christopher Coons [D-DE] | Sen. Jerry Moran [R-KS] | Sen. Lisa Murkowski [R-AK] | Sen. Debbie Stabenow [D-MI] |
Sen. Susan Collins [R-ME] | Sen. Michael Bennet [D-CO] | Sen. Cory Gardner [R-CO] | Sen. Angus King [I-ME] |
Sen. Martin Heinrich [D-NM] |
History
Date | Chamber | Action |
---|---|---|
2015-06-24 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2883 (Same As) 2015-06-24 - Referred to the House Committee on Ways and Means.
Subjects
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
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/114th-congress/senate-bill/1656/all-info |
Text | https://www.congress.gov/114/bills/s1656/BILLS-114s1656is.pdf |