Puerto Rico Economic Empowerment Act of 2018

Bill: 115-hr-5975
Sponsor: Resident Commissioner González-Colón, Jenniffer [R-PR-At Large]
Introduced: 2018-05-25 in the House
Policy area: Commerce
Subjects: Appropriations
Business investment and capital
Caribbean area
Census and government statistics
Congressional oversight
Department of Commerce
Disaster relief and insurance
Economic development
Employment taxes
Government buildings, facilities, and property
Government lending and loan guarantees
Government studies and investigations
Government trust funds
Health programs administration and funding
Health promotion and preventive care
Income tax credits
Public contracts and procurement
Puerto Rico
Small Business Administration
Small business
Social security and elderly assistance
Tax treatment of families
U.S. territories and protectorates

Summary:
action_date: 2018-05-25
text: 

Puerto Rico Economic Empowerment Act of 2018

 
This bill provides for various support for Puerto Rico, including by (1) establishing tax benefits for Puerto Rico, such as a tax credit for employment payroll taxes and an expansion of the child tax credit; (2) relaxing certain requirements related to Small Business Administration loan programs for certain Puerto Rico businesses; (3) prioritizing the transfer of surplus U.S. government property to qualified Puerto Rico businesses; and (4) establishing the Federal and State Technology Partnership Program in Puerto Rico.


Legislative actions:
action_date: 2018-05-25
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, 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.
action_date: 2018-05-25
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, 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.
action_date: 2018-05-25
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, 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.
action_date: 2018-05-25
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, 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.
action_date: 2018-05-25
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, 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.
action_date: 2018-05-25
text: Introduced in House
action_date: 2018-05-25
text: Introduced in House