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S. 795

Master Limited Partnerships Parity Act

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.

Read twice and referred to the Committee on Finance.

Sen. Coons, Christopher A. [D-DE](D-DE)Sponsor
5 cosponsors2 D3 R
5cosponsors1committees2actions1related bills10subjects
  • Introduced in SenateApr 24, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Master Limited Partnerships Parity Act — Informed