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HR 3020 112th Congress House

Puerto Rico Investment Promotion Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to allow certain Puerto Rico corporations to elect to be treated as domestic corporations.

Introduced: December 14, 2011 See on congress.gov
Taxation Caribbean areaCorporate finance and managementForeign and international corporationsPuerto Rico
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Tax administration and collection, taxpayersTaxation of foreign incomeU.S. territories and protectorates
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 22, 2011
Referred to the House Committee on Ways and Means.
Sep 22, 2011
Introduced in House
Sep 21, 2011
Sponsor introductory remarks on measure. (CR H6278-6279)
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 Latest action September 22, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Puerto Rico Investment Promotion Act of 2011 - Amends the Internal Revenue Code to allow a corporation incorporated under the laws of Puerto Rico and deriving at least 50% of its gross income from sources within Puerto Rico to elect to be treated as a domestic corporation for U.S. tax purposes.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 1 Republican 1
R
Diaz-Balart, Mario
Florida · Dec 14, 2011
GUTIERREZ, LUIS
· Nov 17, 2011
 D
Neal, Richard E.
Massachusetts · Nov 17, 2011
CROWLEY, JOSEPH
· Nov 2, 2011
TOWNS, EDOLPHUS
· Oct 14, 2011
SERRANO, JOSE
· Sep 22, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3020: Puerto Rico Investment Promotion Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3020/
MLA
"H.R. 3020: Puerto Rico Investment Promotion Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3020/.
Bluebook (legal)
H.R. 3020, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3020/.
Markdown link
[H.R. 3020: Puerto Rico Investment Promotion Act of 2011](https://openamerica.io/bill/112-HR-3020/)
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