The Master Limited Partnership Association (MLPA) is the nation’s only trade association representing the publicly traded partnerships commonly known as master limited partnerships (MLPs). For more than three decades, the association has been highly successful in promoting the interests of MLPs in Washington, D.C. and the states.
More information on MLPA can be found through the "Learn More" link below; you may also download a digital version our organizational brochure "MLPs: Investments that Power America."Learn More
MLP and Energy Infrastructure ConferenceMLPA has successfully concluded another MLP and Energy Infrastructure Conference (MEIC). Thank you to all the presenters, sponsors, and attendees who helped to make the conference a success. For presentations from this year's MEIC, click here. For information on next...
MLPA Submits Comments on §163(j) RegulationsOn February 26 MLPA filed comments on the proposed regulations issued by the IRS under section 163(j) of the tax code. Section 163(j), enacted in 2017 as part of the Tax Cut and Jobs Act, limits the amount of business...
MLPA Requests Clarification of FERC’s “Revised Policy Statement on Treatment of Income Taxes”On April 13, 2018, MLPA filed comments with the Federal Energy Regulatory Commission (FERC) requesting that FERC clarify its “Revised Policy Statement on Treatment of Income Taxes” issued March 15, 2018 by finding that whether an MLP or any partnership...
Alerian Appoints Lori Ziebart to Board of AdvisorsDallas, Texas - April 13, 2018 - Alerian announced that Lori Ziebart was appointed to the company's board of advisors. Ziebart is the Executive Director of the Master Limited Partnership Association, where she leads the organizations' operations and engagement with...
Just the Facts
Master limited partnerships (MLPs) are primarily businesses engaged in energy and natural resource activities (production, pipelines, storage, refining and processing, terminal facilities, etc.). The structure - narrowly defined by Congress in 1987 - enables qualifying businesses to raise capital from a broad base of investors by utilizing public equity markets and to organize as flow-through tax entities.
The United States and Canada will require a total of $641 billion – or nearly $30 billion per year – in natural gas, crude oil and natural gas liquids infrastructure investment by 2035.
MLPs are currently an integral way our nation's private sector finances the infrastructure needed to fully utilize newly discovered domestic energy resources - leading to greater energy independence for the United States - and to ensure that a wide variety of energy products make their way efficiently and safely from the production fields to American homes, businesses and communities.
Midstream energy MLPs support approximately 323,000 U.S. jobs, both directly and through supply chain linkage, and will pay cumulative wages totaling $147 billion.
The vast majority of MLP investors are individual investors, who invest both directly and through MLP funds. A high proportion of these are seniors who rely on MLPs to help fund their retirement.
Over 25 years ago, Congress examined whether MLPs should continue to be taxed as partnerships or pay corporate tax. It decided that while MLPs were not appropriate for all industries, certain ones including the energy industry should maintain their ability to attract investor capital through the use of the MLP structure, which is vital to our country's well-being.
300 New Jersey Avenue, NW
Washington, DC 20001
Phone: (202) 747-6570