diff --git a/activesupport/lib/active_support/values/time_zone.rb b/activesupport/lib/active_support/values/time_zone.rb
index 1a37d6f2a4..b6fca9df91 100644
--- a/activesupport/lib/active_support/values/time_zone.rb
+++ b/activesupport/lib/active_support/values/time_zone.rb
@@ -285,9 +285,9 @@ def parse(str, now=now)
         parts.fetch(:year, now.year),
         parts.fetch(:mon, now.month),
         parts.fetch(:mday, now.day),
-        parts.fetch(:hour, now.hour),
-        parts.fetch(:min, now.min),
-        parts.fetch(:sec, now.sec) + parts.fetch(:sec_fraction, 0),
+        parts.fetch(:hour, 0),
+        parts.fetch(:min, 0),
+        parts.fetch(:sec, 0) + parts.fetch(:sec_fraction, 0),
         parts.fetch(:offset, 0)
       )
 
diff --git a/activesupport/test/time_zone_test.rb b/activesupport/test/time_zone_test.rb
index bdeb80a294..9c3b5d0667 100644
--- a/activesupport/test/time_zone_test.rb
+++ b/activesupport/test/time_zone_test.rb
@@ -219,6 +219,13 @@ def test_parse_should_black_out_app_timezone_dst_jump
     end
   end
 
+  def test_parse_with_missing_time_components
+    zone = ActiveSupport::TimeZone['Eastern Time (US & Canada)']
+    zone.stubs(:now).returns zone.local(1999, 12, 31, 12, 59, 59)
+    twz = zone.parse('2012-12-01')
+    assert_equal Time.utc(2012, 12, 1), twz.time
+  end
+
   def test_parse_with_javascript_date
     zone = ActiveSupport::TimeZone['Eastern Time (US & Canada)']
     twz = zone.parse("Mon May 28 2012 00:00:00 GMT-0700 (PDT)")