Master Limited Partnerships Parity Act
Latest action · Jun 24, 2015 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 24, 2015
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 8
Members who signed on, in the order they did. Signatures ran from Jun 24, 2015 to Dec 18, 2015, with 7 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-ME | Angus S. King Jr. | Original | Jun 24, 2015 |
| R-CO | Cory Gardner | Original | Jun 24, 2015 |
| D-MI | Debbie Stabenow | Original | Jun 24, 2015 |
| R-KS | Jerry Moran | Original | Jun 24, 2015 |
| R-AK | Lisa Murkowski | Original | Jun 24, 2015 |
| D-CO | Michael F. Bennet | Original | Jun 24, 2015 |
| R-ME | Susan M. Collins | Original | Jun 24, 2015 |
| D-NM | Martin Heinrich | Dec 18, 2015 |
Actions 2
Everything that happened, newest first.
- Jun 24, 2015Introduced in Senate
- Jun 24, 2015Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2883 | Master Limited Partnerships Parity Act | Identical bill | Jun 24, 2015 |
Subjects
Assigned by the Library of Congress. Policy area: 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
- Lighting, heating, cooling
- Motor fuels
- Solid waste and recycling
- Tax administration and collection, taxpayers
- Taxation
Text 1
Each version as it was printed, newest first.
- Jun 24, 2015Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.