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United States · Bill · S

S. 2005 (115th)

Master Limited Partnerships Parity Act

referredUnited States· United States Congress· EN

Introduced

25 October 2017

Last action

25 October 2017 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Coons, Christopher A. [D-DE], Sen. Moran, Jerry [R-KS], Sen. Stabenow, Debbie [D-MI], Sen. Gardner, Cory [R-CO], Sen. Bennet, Michael F. [D-CO], Sen. Murkowski, Lisa [R-AK], Sen. King, Angus S., Jr. [I-ME], Sen. Collins, Susan M. [R-ME], Sen. Heinrich, Martin [D-NM], Sen. Ernst, Joni [R-IA], Sen. Carper, Thomas R. [D-DE], Sen. Crapo, Mike [R-ID], Sen. Heitkamp, Heidi [D-ND]

Subjects

Energy, Transport, Taxation

Source updated

5 December 2025

Energy · Transport · Taxation

Summary

Master Limited Partnerships Parity Act This bill 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 October 2017

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 25 October 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 25 October 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 25 October 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 25 October 2017

    Open at official source

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Sponsors

Related records

Sources

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