S. 3275 · 112th Congress
Master Limited Partnerships Parity Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CoonsSponsor15 cosponsors · 12 D, 3 R
D
Franken
AK
D
Klobuchar
JM
R
Moran
JS
D
Shaheen
JT
D
Tester
SW
D
Whitehouse
MB
D
Bennet
SB
R
Brown
LM
R
Murkowski
DS
D
Stabenow
MB
D
Begich
TC
D
Carper
TH
D
Harkin
ML
D
Landrieu
MW
D
Warner6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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…
What it does: CRS summary · Introduced in Senate · Jun 7, 2012
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Master Limited Partnerships Parity Act
Latest action (Jun 7, 2012): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3842)
Policy area: Taxation · Origin: Senate · Introduced: Jun 7, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.