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To support businesses in Puerto Rico, extend child tax credits for families in Puerto Rico, and for other purposes.

USA115th CongressHR-5975| House 
| Updated: 5/25/2018
Jenniffer González-Colón

Jenniffer González-Colón

Republican Representative

Puerto Rico

Cosponsors (6)
Thomas MacArthur (Republican)Don Young (Republican)Carlos Curbelo (Republican)Rob Bishop (Republican)Brian K. Fitzpatrick (Republican)Sean P. Duffy (Republican)

Small Business Committee, Ways and Means Committee, Financial Services Committee, Energy and Commerce Committee, Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Puerto Rico Economic Empowerment Act of 2018 This bill provides for various support for Puerto Rico, including by (1) establishing tax benefits for Puerto Rico, such as a tax credit for employment payroll taxes and an expansion of the child tax credit; (2) relaxing certain requirements related to Small Business Administration loan programs for certain Puerto Rico businesses; (3) prioritizing the transfer of surplus U.S. government property to qualified Puerto Rico businesses; and (4) establishing the Federal and State Technology Partnership Program in Puerto Rico.
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Timeline
May 25, 2018
Introduced in House
May 25, 2018
Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 24, 2018

Latest Companion Bill Action

S 115-3256
Introduced in Senate
  • May 25, 2018
    Introduced in House


  • May 25, 2018
    Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • July 24, 2018

    Latest Companion Bill Action

    S 115-3256
    Introduced in Senate

Commerce

Related Bills

  • HR 115-2056: Microloan Modernization Act of 2017
  • S 115-154: Small Business Relief From Disease Induced Economic Hardship Act of 2017
  • S 115-3256: A bill to support businesses in Puerto Rico, extend child tax credits for families in Puerto Rico, and for other purposes.
  • S 115-526: Microloan Modernization Act of 2018
  • S 115-484: U.S. Territories Investor Protection Act of 2017
  • HR 115-1366: U.S. Territories Investor Protection Act of 2017
  • S 115-2873: A bill to support businesses in Puerto Rico, extend child tax credits for families in Puerto Rico, and for other purposes.
AppropriationsBusiness investment and capitalCaribbean areaCensus and government statisticsCongressional oversightDepartment of CommerceDisaster relief and insuranceEconomic developmentEmployment taxesGovernment buildings, facilities, and propertyGovernment lending and loan guaranteesGovernment studies and investigationsGovernment trust fundsHealth programs administration and fundingHealth promotion and preventive careIncome tax creditsPublic contracts and procurementPuerto RicoSmall businessSmall Business AdministrationSocial security and elderly assistanceTax treatment of familiesU.S. territories and protectorates

To support businesses in Puerto Rico, extend child tax credits for families in Puerto Rico, and for other purposes.

USA115th CongressHR-5975| House 
| Updated: 5/25/2018
Puerto Rico Economic Empowerment Act of 2018 This bill provides for various support for Puerto Rico, including by (1) establishing tax benefits for Puerto Rico, such as a tax credit for employment payroll taxes and an expansion of the child tax credit; (2) relaxing certain requirements related to Small Business Administration loan programs for certain Puerto Rico businesses; (3) prioritizing the transfer of surplus U.S. government property to qualified Puerto Rico businesses; and (4) establishing the Federal and State Technology Partnership Program in Puerto Rico.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 25, 2018
Introduced in House
May 25, 2018
Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 24, 2018

Latest Companion Bill Action

S 115-3256
Introduced in Senate
  • May 25, 2018
    Introduced in House


  • May 25, 2018
    Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • July 24, 2018

    Latest Companion Bill Action

    S 115-3256
    Introduced in Senate
Jenniffer González-Colón

Jenniffer González-Colón

Republican Representative

Puerto Rico

Cosponsors (6)
Thomas MacArthur (Republican)Don Young (Republican)Carlos Curbelo (Republican)Rob Bishop (Republican)Brian K. Fitzpatrick (Republican)Sean P. Duffy (Republican)

Small Business Committee, Ways and Means Committee, Financial Services Committee, Energy and Commerce Committee, Oversight and Government Reform Committee

Commerce

Related Bills

  • HR 115-2056: Microloan Modernization Act of 2017
  • S 115-154: Small Business Relief From Disease Induced Economic Hardship Act of 2017
  • S 115-3256: A bill to support businesses in Puerto Rico, extend child tax credits for families in Puerto Rico, and for other purposes.
  • S 115-526: Microloan Modernization Act of 2018
  • S 115-484: U.S. Territories Investor Protection Act of 2017
  • HR 115-1366: U.S. Territories Investor Protection Act of 2017
  • S 115-2873: A bill to support businesses in Puerto Rico, extend child tax credits for families in Puerto Rico, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AppropriationsBusiness investment and capitalCaribbean areaCensus and government statisticsCongressional oversightDepartment of CommerceDisaster relief and insuranceEconomic developmentEmployment taxesGovernment buildings, facilities, and propertyGovernment lending and loan guaranteesGovernment studies and investigationsGovernment trust fundsHealth programs administration and fundingHealth promotion and preventive careIncome tax creditsPublic contracts and procurementPuerto RicoSmall businessSmall Business AdministrationSocial security and elderly assistanceTax treatment of familiesU.S. territories and protectorates