Reps. Estes, Thompson and Sens. Coons, Moran Introduce Bipartisan Bill to Expand Renewable Energy Tax Advantages

By District Energy posted 06-13-2019 15:20

  
Press Release, Congressman Ron Estes Office (R-KS)

Summary


WASHINGTON—Congressman Ron Estes (R-KS), Congressman Mike Thompson (D-CA), along with Senator Chris Coons (D-DE) and Senator Jerry Moran (R-KS) introduced the Financing Our Future Energy Act today. This bipartisan and bicameral bill gives renewable energy projects access to master limited partnerships (MLP), a tax advantage currently only available to oil, gas, and coal projects.

“The Financing Our Energy Future Act updates our tax code to allow renewable energy projects to have equal access to capital,” said Rep. Estes. “As a supporter of an all-of-the-above energy strategy for our country, I’m proud to sponsor this bill that will extend vital resources to renewable energy initiatives, creating jobs and contributing to our nation’s dominance in energy production and innovation. I look forward to helping secure passage of this bill in Congress.”

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