US HR3307

Bill

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.

Introduced
06/18/2019

In Committee
06/18/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

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. This bill directs the Department of the Treasury to make payments to specified U.S. possessions (i.e., Puerto Rico, the U.S. Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands, and American Samoa), beginning in 2020 and each calendar year thereafter, for expenditures made by such possessions relating to the earned income tax credit.

AI Summary

This bill directs the Department of the Treasury to make payments to specified U.S. possessions (Puerto Rico, the U.S. Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands, and American Samoa) beginning in 2020 and each calendar year thereafter. The payments are related to the application of the earned income tax credit (EITC) in these possessions. The bill sets out specific formulas and requirements for the payments, including that the possessions must have in effect an EITC that is designed to substantially increase workforce participation. The payments are intended to cover the costs of the EITC and related education efforts in these U.S. possessions.

Committee Categories

Budget and Finance

Sponsors (15)

Bill Pascrell (D)*, Don Beyer (D), Brendan Boyle (D), Danny Davis (D), Suzan DelBene (D), Jenniffer González (R), Brian Higgins (D), Barbara Lee (D), Alexandria Ocasio-Cortez (D), Kilili Sablan (D), Michael San Nicolas (D), Darren Soto (D), Tom Suozzi (D), Nydia Velázquez (D), Bonnie Watson Coleman (D),

Last Action

Referred to the House Committee on Ways and Means. (on 06/18/2019)

Official Document

https://www.congress.gov/bill/116th-congress/house-bill/3307/all-info

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/116th-congress/house-bill/3307/all-info
BillText	https://www.congress.gov/116/bills/hr3307/BILLS-116hr3307ih.pdf
Bill	https://www.congress.gov/116/bills/hr3307/BILLS-116hr3307ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR3300	Economic Mobility Act of 2019	Placed on the Union Calendar, Calendar No. 307.	Similar To
HR5687	Emergency Supplemental Appropriations for Disaster Relief and Puerto Rico Disaster Tax Relief Act, 2020	Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 416.	Related
HR6379	Take Responsibility for Workers and Families Act Workforce Emergency Response Act of 2020	Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and Ways and Means, 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.	Related
HR6800	The Heroes Act	Committee on Small Business and Entrepreneurship. Hearings held.	Related
HRes967	Providing for consideration of the resolution (H. Res. 965) authorizing remote voting by proxy in the House of Representatives and providing for official remote committee proceedings during a public health emergency due to a novel coronavirus, and for other purposes; providing for consideration of the bill (H.B. 6800) making emergency supplemental appropriations for the fiscal year ending September 30, 2020, and for other purposes; providing for proceedings during the period from May 19, 2020, t	Motion to reconsider laid on the table Agreed to without objection.	Similar To
S3883	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.	Read twice and referred to the Committee on Finance.	Related

Bill > HR3307

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (15)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary