Tax Equity and Prosperity for Puerto Rican Families Act of 2019
- Last Action
- 5/9/2019
Actions
- 2019-05-09Referred to the House Committee on Natural Resources.
- 2019-05-09Introduced in House
- 2019-05-09Introduced in House
CRS Summary
As of 2019-05-09 (00)
Tax Equity and Prosperity for Puerto Rican Families Act of 2019
This bill requires the Department of the Treasury to make specified annual federal matching payments to Puerto Rico for expanding its earned income tax credit as specified in the bill.
After the tax credit is expanded, Treasury must also provide a one-time grant to Puerto Rico for taxpayer education efforts relating to the earned income tax credit, including education of paid tax preparers.
The bill also provides appropriations to carry out the programs established by this bill.
Cosponsors (10)
- Donald Beyer (D-VA)
- Raúl Grijalva (D-AZ)
- Brian Higgins (D-NY)
- Darren Soto (D-FL)
- Bonnie Watson Coleman (D-NJ)
- NYDIA VELAZQUEZ (D-NY)
- BARBARA LEE (D-CA)
- Jenniffer Gonzalez-Colon (R-PR)
- Alexandria Ocasio-Cortez (D-NY)
- Suzan DelBene (D-WA)
Subjects
- Caribbean area
- Income tax credits
- Inflation and prices
- Poverty and welfare assistance
- Puerto Rico
- State and local finance
- U.S. territories and protectorates
- Wages and earnings
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.