HR 4213
114th Congress
House
Taxation
Caribbean area
Income tax credits
Poverty and welfare assistance
Puerto Rico
Tax treatment of families
U.S. territories and protectorates
Wages and earnings
Tax Equity and Prosperity for Puerto Rican Families Act of 2015
Introduced: December 10, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 10, 2015
Referred to the House Committee on Ways and Means.
Dec 10, 2015
Introduced in House
Plain-English summary
Tax Equity and Prosperity for Puerto Rican Families Act of 2015
This bill amends the Internal Revenue Code to make citizens of Puerto Rico eligible for the federal earned income tax credit and allow them to claim the refundable portion of the child tax credit on the same basis as U.S. taxpayers. In making the earned income tax credit applicable to Puerto Rican citizens, the bill modifies credit requirements to allow taxpayers in Puerto Rico to claim the credit at age 21 (rather than age 25) and to allow a credit percentage of 40, without regard to the number of qualifying children claimed by the taxpayer.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1