summary
Introduced
01/04/2021
01/04/2021
In Committee
01/04/2021
01/04/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to make residents of Puerto Rico eligible for the earned income tax credit.
AI Summary
This bill, the Earned Income Tax Credit Equity for Puerto Rico Act of 2021, amends the Internal Revenue Code to make residents of Puerto Rico eligible for the Earned Income Tax Credit (EITC). Specifically, it treats the United States as including Puerto Rico for purposes of determining EITC eligibility, allows nonresident alien individuals who are residents of Puerto Rico to claim the EITC, and excludes income from Puerto Rico sources when calculating adjusted gross income and gross income for EITC purposes. The bill also ensures that the Child Tax Credit is not reduced for Puerto Rico residents due to their EITC eligibility. These changes would apply to taxable years beginning after December 31, 2021.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on Ways and Means. (on 01/04/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/105/all-info |
| BillText | https://www.congress.gov/117/bills/hr105/BILLS-117hr105ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr105/BILLS-117hr105ih.pdf.pdf |
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