US HB3249 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 9-3)
Status: Introduced on June 13 2019 - 25% progression, died in committee
Action: 2019-06-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means 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.

Tracking Information

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Title

Financing Our Energy Future Act

Sponsors


History

DateChamberAction
2019-06-13HouseReferred to the House Committee on Ways and Means.
2019-06-13HouseIntroduced in House

Same As/Similar To

SB1841 (Same As) 2019-06-13 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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