Overview
Sens. Coons and Moran and Reps. Poe and Thompson Re-Introduce Master Limited Partnerships Parity Act: Today, Senators Chris Coons (D-DE) and Jerry Moran (R-KS) and Representatives Ted Poe (R-TX) and Mike Thompson (D-CA) re-introduced the Master Limited Partnerships Parity Act, which would extend the publicly traded partnership ownership structure to energy power generation projects and transportation fuels. Currently, this tax-advantaged structure is available to investors in fossil fuel-based energy projects, but not investors in renewable energy projects. According to a press release issued by Senator Coons, this piece of legislation “could unleash significant private capital by helping additional energy-generation and renewable fuel companies form master limited partnerships, which combine the funding advantages of corporations and the tax advantages of partnerships.”