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- S.3883
S.3883: 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.
About This Bill
- Introduced June 3, 2020
- Latest Major Action June 3, 2020
Bill Sponsor
Bill Cosponsors
5 (4 Democrats, 1 Independent Democrat)
Bill Version
- Introduced in Senate - June 3, 2020
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 3, 2020 |
Read twice and referred to the Committee on Finance.
|
| June 3, 2020 |
Introduced in the Senate by Robert Menendez (D-N.J.) |