US SB3275 | 2011-2012 | 112th Congress


Spectrum: Moderate Partisan Bill (Democrat 13-3)
Status: Introduced on June 7 2012 - 25% progression, died in committee
Action: 2012-06-07 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3842)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]


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 renewable energy facilities used in the production of electricity, biodiesel, alcohol used as fuels, and renewable fuels used to reduce or replace fossil fuels present in transportation fuels.

Tracking Information

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Master Limited Partnerships Parity Act



2012-06-07SenateRead twice and referred to the Committee on Finance. (text of measure as introduced: CR S3842)
2012-06-07SenateSponsor introductory remarks on measure. (CR S3841-3842)

Same As/Similar To

HB6437 (Same As) 2012-09-19 - Referred to the House Committee on Ways and Means.


US Congress State Sources

Bill Comments