A bill to amend the Internal Revenue Code of 1986 to allow the manufacturing deduction provided by the American Jobs Creation Act of 2004 with respect to income attributable to domestic production activities in Puerto Rico.

Fact Sheet API

Bill Number

S 1816

Introduced

Oct 4, 2005

Latest Action

Sponsor introductory remarks on measure. (CR S13152)

Sponsor

Cosponsors

Topics

Commerce Corporation taxes Federal-territorial relations Government Operations and Politics Income tax Manufacturing industries Puerto Rico Tax deductions Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to allow taxpayers engaged in domestic production activities in Puerto Rico the tax deduction for income attributable to domestic production activities.

Actions

Nov 17, 2005

Sponsor introductory remarks on measure. (CR S13152)
Oct 4, 2005

Read twice and referred to the Committee on Finance.
Oct 4, 2005

Sponsor introductory remarks on measure. (CR S10975)
Oct 4, 2005

Introduced in Senate

Amendments

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