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LAWMAKERS ASK OBAMA TO SUPPORT MASTER LIMITED PARTNERSHIPS PARITY ACT

Tuesday, December 18, 2012 - 8:00AM

A bipartisan group of 29 senators and representatives on Dec. 12 sent a letter to President Obama supporting the Master Limited Partnerships Parity Act, which would allow renewable energy projects to use master limited partnerships (MLPs) and real estate investment trusts (REITs), which are already available to oil, gas and coal projects. The 10 senators and 19 representatives who signed the letter ask the president to support the bill’s tax code changes as part of his “all of the above” energy strategy.

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