US SB1841 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 13 2019 - 25% progression, died in committee
Action: 2019-06-13 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 13 2019 - 25% progression, died in committee
Action: 2019-06-13 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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
Financing Our Energy Future Act
Sponsors
Sen. Christopher Coons [D-DE] | Sen. Jerry Moran [R-KS] | Sen. Angus King [I-ME] | Sen. Susan Collins [R-ME] |
Sen. Thomas Carper [D-DE] | Sen. Lisa Murkowski [R-AK] | Sen. Martin Heinrich [D-NM] | Sen. Joni Ernst [R-IA] |
Sen. Cory Gardner [R-CO] | Sen. Debbie Stabenow [D-MI] | Sen. Mike Crapo [R-ID] | Sen. Michael Bennet [D-CO] |
Sen. Doug Jones [D-AL] | Sen. Pat Roberts [R-KS] | Sen. Kyrsten Sinema [I-AZ] | Sen. John Kennedy [R-LA] |
Sen. Mark Warner [D-VA] | Sen. Mike Braun [R-IN] |
History
Date | Chamber | Action |
---|---|---|
2019-06-13 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3249 (Same As) 2019-06-13 - 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, heating, cooling
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, heating, cooling
Motor fuels
Solid waste and recycling
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1841/all-info |
Text | https://www.congress.gov/116/bills/s1841/BILLS-116s1841is.pdf |