S 3883
116th Congress
Senate
Taxation
Administrative remedies
Caribbean area
Government information and archives
Guam
Income tax credits
Inflation and prices
Northern Mariana Islands
Poverty and welfare assistance
Puerto Rico
State and local taxation
Tax administration and collection, taxpayers
U.S. territories and protectorates
Virgin Islands
Wages and earnings
A bill to amend the Internal Revenue Code of 1986 to make the earned income tax credit available to residents of possessions of the United States.
Introduced: June 3, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 3, 2020
Read twice and referred to the Committee on Finance.
Jun 3, 2020
Introduced in Senate
Plain-English summary
This bill directs the Department of the Treasury to make payments to Puerto Rico for expenditures by its taxpayer relating to the earned income tax credit (EITC). The bill also requires payments to U.S. possessions with mirror code tax systems (i.e., the Virgin Islands, Guam, and the Commonwealth of the Northern Mariana Islands) for a specified percentage of the cost of the EITC in calendar years 2020-2024.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1