Bipartisan House bill put forward to even playing field for renewable energy investors

In Washington, U.S. Representatives Mike Thompson (D-CA-05) and Ted Poe (R-TX-02), and Senators Chris Coons (D-DE) and Jerry Moran (R-KS) re-introduced bipartisan legislation to level the energy playing field by giving investors in renewable 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 additional energy-generation and renewable fuel companies form master limited partnerships, which combine the funding advantages of corporations and the tax advantages of partnerships. –