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.
Latest action · Jun 3, 2020 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 3, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 5
Members who signed on, in the order they did. All signed on Jun 3, 2020.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-VT | Bernard Sanders | Original | Jun 3, 2020 |
| D-NY | Charles E. Schumer | Original | Jun 3, 2020 |
| D-MA | Elizabeth Warren | Original | Jun 3, 2020 |
| D-NY | Kirsten E. Gillibrand | Original | Jun 3, 2020 |
| D-CT | Richard Blumenthal | Original | Jun 3, 2020 |
Actions 2
Everything that happened, newest first.
- Jun 3, 2020Introduced in Senate
- Jun 3, 2020Read twice and referred to the Committee on Finance.
Related bills 5
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3300 | Economic Mobility Act of 2019 | Related bill | Feb 4, 2020 |
| HR 3307 | To amend the Internal Revenue Code of 1986 to provide for payments to possessions of the United States related to the application of the earned income tax credit in such possessions. | Related bill | Jun 18, 2019 |
| HR 5687 | Emergency Supplemental Appropriations for Disaster Relief and Puerto Rico Disaster Tax Relief Act, 2020 | Related bill | Feb 11, 2020 |
| HR 6379 | Workforce Emergency Response Act of 2020 | Related bill | Mar 23, 2020 |
| HR 6800 | The Heroes Act | Related bill | Jul 23, 2020 |
Subjects
Assigned by the Library of Congress. Policy area: 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
- Taxation
- U.S. territories and protectorates
- Virgin Islands
- Wages and earnings
Text 1
Each version as it was printed, newest first.
- Jun 3, 2020Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.