Legis Daily

Financing Our Energy Future Act

USA116th CongressS-1841| Senate 
| Updated: 6/13/2019
Christopher A. Coons

Christopher A. Coons

Democratic Senator

Delaware

Cosponsors (17)
Joni Ernst (Republican)Mike Braun (Republican)Jerry Moran (Republican)Thomas R. Carper (Democratic)Mark R. Warner (Democratic)Angus S. King (Independent)Doug Jones (Democratic)Kyrsten Sinema (Independent)Debbie Stabenow (Democratic)John Kennedy (Republican)Martin Heinrich (Democratic)Michael F. Bennet (Democratic)Pat Roberts (Republican)Susan M. Collins (Republican)Cory Gardner (Republican)Mike Crapo (Republican)Lisa Murkowski (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Financing Our Energy Future 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.
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Timeline
Jun 13, 2019

Latest Companion Bill Action

HR 116-3249
Introduced in House
Jun 13, 2019
Introduced in Senate
Jun 13, 2019
Read twice and referred to the Committee on Finance.
  • June 13, 2019

    Latest Companion Bill Action

    HR 116-3249
    Introduced in House


  • June 13, 2019
    Introduced in Senate


  • June 13, 2019
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 116-3249: Financing Our Energy Future Act
Air qualityAlternative and renewable resourcesClimate change and greenhouse gasesCorporate finance and managementElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandLighting, heating, coolingMotor fuelsSolid waste and recyclingTax administration and collection, taxpayers

Financing Our Energy Future Act

USA116th CongressS-1841| Senate 
| Updated: 6/13/2019
Financing Our Energy Future 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 13, 2019

Latest Companion Bill Action

HR 116-3249
Introduced in House
Jun 13, 2019
Introduced in Senate
Jun 13, 2019
Read twice and referred to the Committee on Finance.
  • June 13, 2019

    Latest Companion Bill Action

    HR 116-3249
    Introduced in House


  • June 13, 2019
    Introduced in Senate


  • June 13, 2019
    Read twice and referred to the Committee on Finance.
Christopher A. Coons

Christopher A. Coons

Democratic Senator

Delaware

Cosponsors (17)
Joni Ernst (Republican)Mike Braun (Republican)Jerry Moran (Republican)Thomas R. Carper (Democratic)Mark R. Warner (Democratic)Angus S. King (Independent)Doug Jones (Democratic)Kyrsten Sinema (Independent)Debbie Stabenow (Democratic)John Kennedy (Republican)Martin Heinrich (Democratic)Michael F. Bennet (Democratic)Pat Roberts (Republican)Susan M. Collins (Republican)Cory Gardner (Republican)Mike Crapo (Republican)Lisa Murkowski (Republican)

Finance Committee

Taxation

Related Bills

  • HR 116-3249: Financing Our Energy Future Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Air qualityAlternative and renewable resourcesClimate change and greenhouse gasesCorporate finance and managementElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandLighting, heating, coolingMotor fuelsSolid waste and recyclingTax administration and collection, taxpayers