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.
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Timeline
Introduced in House
Referred to the House Committee on Natural Resources.
Introduced in House
Referred to the House Committee on Natural Resources.
Taxation
Caribbean areaIncome tax creditsInflation and pricesPoverty and welfare assistancePuerto RicoState and local financeU.S. territories and protectoratesWages and earnings
Tax Equity and Prosperity for Puerto Rican Families Act of 2019
USA116th CongressHR-2649| House
| Updated: 5/9/2019
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.
Caribbean areaIncome tax creditsInflation and pricesPoverty and welfare assistancePuerto RicoState and local financeU.S. territories and protectoratesWages and earnings