Amendment sought to retain certain corporate tax provisions for Puerto Rico for twenty years after statehood and to exempt Puerto Ricans from U.S. internal revenue laws until such time as the State of Puerto Rico achieves the same per capita income as the State with the next lowest per capita income.

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Amendment Number
513
Description
Amendment sought to retain certain corporate tax provisions for Puerto Rico for twenty years after statehood and to exempt Puerto Ricans from U.S. internal revenue laws until such time as the State of Puerto Rico achieves the same per capita income as the State with the next lowest per capita income.
Purpose
An amendment, printed as amendment No. 24 in the Congressional Record of March 3, 1998 to amend the definition of statehood to require that Puerto Rico remain free from federal income taxes until the state of Puerto Rico achieves the same per capita income as the state with the next lowest per capita income. The amendment would continue Puerto Rico's reduced corporate tax for 20 years after becoming a state.
Congress
105
Type
HAMDT
Latest Action Date
Mar 4, 1998
Latest Action Text
On agreeing to the Gutierrez amendment (A013) Failed by voice vote.
Latest Action Time
20:45:24
Submitted Date
Mar 4, 1998
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 513 — Informed