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H.R. 3249

Financing Our Energy Future Act

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.

Referred to the House Committee on Ways and Means.

Rep. Thompson, Mike [D-CA-5](D-CA)Sponsor
11 cosponsors8 D3 R
11cosponsors1committees3actions1related bills11subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Financing Our Energy Future Act — Informed