US HB6437 | 2011-2012 | 112th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on September 19 2012 - 25% progression, died in committee
Action: 2012-09-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 19 2012 - 25% progression, died in committee
Action: 2012-09-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
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 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.
Title
Master Limited Partnerships Parity Act
Sponsors
Rep. Ted Poe [R-TX] | Rep. Gerald Connolly [D-VA] | Rep. Betty McCollum [D-MN] | Rep. Mike Thompson [D-CA] |
Sen. Peter Welch [D-VT] |
History
Date | Chamber | Action |
---|---|---|
2012-09-19 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB3275 (Same As) 2012-06-07 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3842)
Subjects
Alternative and renewable resources
Corporate finance and management
Electric power generation and transmission
Energy storage, supplies, demand
Tax administration and collection, taxpayers
Taxation
Corporate finance and management
Electric power generation and transmission
Energy storage, supplies, demand
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/6437/all-info |
Text | https://www.congress.gov/112/bills/hr6437/BILLS-112hr6437ih.pdf |