Puerto Rico:
Legislation Introduced To Extend Earned Income Tax Credit To Commonwealth Residents
10 November 2015
by
Howard S. Altarescu
,
Edward G. Eisert
,
Elizabeth Elias
,
Thomas Kidera
,
Jennifer C. Lee
,
Lorraine McGowen
,
S. Chris Min
,
Douglas S. Mintz
,
Robert Moyle
,
Paul F. Rugani
,
Gillian Smith
,
Alexei Sobolev
and
Darren Teshima
Orrick
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Following up on one of the Administration's legislative
proposals to address Puerto Rico's fiscal crisis, on October
22, 2015, Senator Robert Menendez introduced a bill "The Earned Income Tax Credit and Child Tax Credit
Equity for Puerto Rico Act of 2015" (S. 2203), to make
residents of Puerto Rico eligible for the earned income tax
credit.S. 2203 was co-sponsored by 8 other Democratic senators
(Senators Gillibrand, Schumer, Blumenthal, Booker, Heinrich,
Sanders, Warren and Murphy). The bill has been referred to the
Senate Committee on Finance. This bill is related to a bill (H.R.
3552) previously introduced by Representative Pedro Pierluisi,
which has been referred to the House Committee on Ways and
Means.
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