Puerto Rico Economic Empowerment Act of 2018
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 24, 2018)
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.
What just happenedJul 24, 2018
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateJul 24, 2018
- Jul 24, 2018IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 24, 2018IntroReferral10000
Introduced in Senate