Senate Bill 1034
117th Congress(2021-2022)
Financing Our Energy Future Act
Introduced
Introduced in Senate on Mar 25, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1034
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Financing Our Energy Future Act
The bill extends the tax treatment of certain publicly traded partnerships as corporations to renewable and alternative energy projects, transportation fuels, and nuclear-generated electricity facilities. Under current law the tax treatment of such partnerships is only available to investors in energy portfolios for oil, natural gas, coal extraction, and pipeline projects.
March 25, 2021
03/25/2021
Read twice and referred to the Committee on Finance.
03/25/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:47:53 PM