Questions remain as to the degree of impact of a bill that would extend master limited partnerships to renewable energy, observers said. "Yes, you can look at some of the oil and gas [MLPs] and say, 'Oh, well maybe they're comparable to renewable energy.' But I don't really know that," said Michael Bernier, a senior manager in Ernst & Young's national tax practice. Passage of the measure is also still uncertain, especially if it will be taken up as part of a tax reform package instead of as a stand-alone bill, observers said.
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