Sens. Coons, Moran, Reps. Poe, Thompson introduce bipartisan, bicameral legislation to level the playing field for clean energy

Master Limited Partnerships Parity Act would give clean energy projects access to a tax advantage currently available only to oil, gas, and coal projects

October 25, 2017

WASHINGTON, D.C. – U.S. Senators Chris Coons (D-DE) and Jerry Moran (R-KS), and Representatives Ted Poe (R-TX-02) and Mike Thompson (D-CA-05) re-introduced bipartisan legislation to level the energy playing field by giving investors in a range of clean energy projects access to a decades-old corporate structure whose tax advantage is currently available only to investors in fossil fuel-based energy projects. The Master Limited Partnerships Parity Act is a straightforward, powerful modification of the federal tax code that could unleash significant private capital by helping an emerging class of energy-generation and renewable fuel companies to form master limited partnerships, which combine the funding advantages of corporations and the tax advantages of partnerships. 

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