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Bill > HR1403
US HR1403
US HR1403To amend the Internal Revenue Code of 1986 to make permanent the deduction for income attributable to domestic production activities in Puerto Rico.
summary
Introduced
03/07/2017
03/07/2017
In Committee
03/07/2017
03/07/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to make permanent the deduction for income attributable to domestic production activities in Puerto Rico. This bill amends the Internal Revenue Code to make permanent the tax deduction for income attributable to domestic production activities in Puerto Rico. (Under current law, the deduction expires on January 1, 2017.)
AI Summary
This bill amends the Internal Revenue Code to make permanent the tax deduction for income attributable to domestic production activities in Puerto Rico. Under current law, this deduction was set to expire on January 1, 2017, but this bill removes that expiration date, making the deduction a permanent part of the tax code.
Committee Categories
Budget and Finance
Sponsors (6)
Jenniffer González (R)*,
Carlos Curbelo (R),
John Lewis (D),
Thomas MacArthur (R),
Grace Meng (D),
José Serrano (D),
Last Action
Referred to the House Committee on Ways and Means. (on 03/07/2017)
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/115th-congress/house-bill/1403/all-info |
| BillText | https://www.congress.gov/115/bills/hr1403/BILLS-115hr1403ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr1403/BILLS-115hr1403ih.pdf.pdf |
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