S. 3275 (112th): Master Limited Partnerships Parity Act

Introduced:
Jun 07, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
See Instead:

H.R. 6437 (same title)
Referred to Committee — Sep 19, 2012

Sponsor
Chris Coons
Junior Senator from Delaware
Party
Democrat
Text
Read Text »
Last Updated
Jun 07, 2012
Length
2 pages
Related Bills
S. 795 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Apr 24, 2013

H.R. 6437 (identical)

Referred to Committee
Last Action: Sep 19, 2012

 
Status

This bill was introduced on June 7, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 07, 2012
Referred to Committee Jun 07, 2012
 
Full Title

A bill to amend the Internal Revenue Code of 1986 to extend the publicly traded partnership ownership structure to energy power generation projects and transportation fuels, and for other purposes.

Summary

No summaries available.

Cosponsors
15 cosponsors (12D, 3R) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


6/7/2012--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of S. 3275 (112th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus